Capital Credits
Capital Credits
Recorded on

We were in the studio for a conversation with Kris Sieber, Manager of Member Services, and Larry Andrews, Manager of Administrative Services & Controller for REC.

We talked about Capital Credits: what they are, how they’re used, and why they’re important to the financial stability of the cooperative. Larry & Kris explained how members earn the credits and how they are re-distributed back to REC members. 

REC STORIES

REC: Prepare Now for New Winter Storm

Friday | January 14, 2022
REC continues to closely monitor the weather forecast for a storm predicted to affect our service territory Sunday into Monday.
Just over 100 REC member-owners remain without power after devastating Winter Storm Frida knocked out service to more than 98,000 homes and businesses...

REC Restores More than 99% of Power Outages

Tuesday | January 11, 2022
REC crews, contractors and mutual-aid workers continue to make the final repairs necessary to restore about 700 outages related to Winter Storm Frida.