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Co-op allocates $500,000 in capital credit check refunds

For the second year in a row, Roanoke Electric Co-op has allocated more than $500,000 in capital credit checks, which were mailed to member-owners in early August.  Member-owners who have not yet received their  checks are encouraged to contact the co-op’s office.

Each year, the co-op’s board of directors assesses the co-op’s financial ability to pay out capital credits. “This year, the board determined that we were in a good financial position, in which the co-op earned margins,” said Allen Speller, chairman of the co-op’s board of directors.  “Every member-owner who purchased electricity during this year in which we earned margins will receive capital credits.”

For member-owners who have not yet received their check yet, the co-op recommends you contact the co-op to update your mailing address.  You are also advised to verify if there are any past checks on file that were mailed but never cashed.

For more information, please contact the co-op at 252-209-2236 or visit www.roanokeelectric.com/capcredits.

News and Events

September 26, 2017

The Roanoke-Chowan Partners for Progress Phase 2 will convene its quarterly meeting on Friday, October 20, at Roanoke Electric Co-op’s headquarters. RCPP2 is a local collaborative effort of community partners led by the co-op. Please see the agenda for the upcoming meeting:

September 26, 2017

If you own a manufactured home, Roanoke Electric Co-op wants to make sure you're taking measures to ensure you have an efficient heating and cooling system. You can also make simple improvements that save energy and make your home more comfortable. 

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Roanoke Electric Co-op invites member-owners to its National Co-op Connections Day event on Friday, October 6 at its headquarter office in Aulander.  The co-op will host local participating Co-op Connections businesses to provide member-owners with additional savings and deals when they use their Co-op Connections Card. 



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