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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.

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October 30, 2017

With the co-op’s mobile app, member-owners can monitor their daily energy usage and make better informed decisions to save money on their electric bills. 

October 27, 2017

U.S. Endowment for Forestry and Communities, Greenville, SC

GREENVILLE, SC - Enviva Holdings, LP today announced a $45,000 grant to support African American land retention and healthy forests in northeastern North Carolina.  The grant to the Sustainable Forestry Program of the Roanoke Center—a nonprofit affiliate of the Roanoke Electric Cooperative headquartered in Ahoskie, North Carolina—deepens the existing partnership between Enviva, the Roanoke Center, and the U. S. Endowment for Forestry and Communities (Endowment).  That program serves forest owners in seven counties in the Cooperative’s service region and near two of Enviva’s wood pellet facilities.

October 17, 2017

Roanoke Electric Co-op is offering water heater control devices. Which boost energy efficiency and savings, free to member-owners.



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