10/21/2026
Ever wonder how capital credits work?
Unlike investor-owned utilities, MiEnergy Cooperative is a not-for-profit organization that returns it profits, or "margins," back to its members. As a member, you are part-owner of the co-op and entitled to receive money back through capital credit retirements. The graphic shows how they work.
Your credit is listed as a "Capital Credit Refund" on this month's statement if you purchased electricity from the co-op during 2004-2025. The 2002-2003 credits are a retirement from Dairyland Power Cooperative that we are passing on to members.