Next month’s bill will offer a good example of the benefits of being an electric cooperative member, rather than just a customer.
When you get your electric bill next month, look for the words “Capital Credits” and you’ll see a credit on your bill, money returned to you by the co-op. Similar to a dividend, Bluebonnet shares its excess revenue – the money it collects above what is required to run the business – with its members.
Everyone who buys, or has bought, power from Bluebonnet receives a Capital Credit. Current members get the credit on their May bill, and former members who are still owed money will receive a check, usually in June.
Bluebonnet has returned $18.7 million in capital credits to its members in the last five years. The co-op’s board of directors weighs the need to keep electric rates low and the necessity of keeping the co-op financially sound in deciding how much to pay in capital credits. You will see a capital credit for every meter on your account.
If you have questions, drop by one of our five member service centers in Bastrop, Brenham, Giddings, Lockhart or Manor and speak to a customer service representative, call 800-842-7708 or email email@example.com Monday through Friday from 7 a.m. to 5:30 p.m.