CVE to Return Capital Credits from 

e Central Valley Electric Cooperative Board of Trustees approved the return of more than $2.8 million in allocated capital credits. ese retired capital credits were earned in the year 2004.

If you were a member of CVE in 2004, and were allocated capital credits, a check and/or bill credit will be issued in March.

As a not-for-pro t rural electric cooperative, members share in the success of the co-op. Any revenue received by CVE that exceeds operating expenses is allocated back to the membership in the form of capital credits, and eventually retired and returned back to the membership. Capital credits are retired on a rst-in, rst-out basis, and are reviewed by the Board of Trustees annually.

e retirement of capital credits is a bene t of your cooperative membership. For more information on capital credits, please go to www.CVECOOP.org/capital-credits or give us a call at 575-746-3571

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We will post more information on the Annual Meeting on Facebook and on our website at www.cvecoop.org.