Farmers' Electric Cooperative is an independent, locally owned business. As a member you own a portion of this business and ultimately share responsibility for the success or failure of the Cooperative. Farmers' Electric is a non-profit organization, meaning we don't have a group of investors, who are not our customers, deciding what will yield the most profit. In short, you receive electricity at the cost of providing that service to your home or business. Since Farmers' Electric is a non-profit organization, we are required by law to return to the members all margins (profits) above and beyond the cost of providing electricity and those margins are assigned to the members through capital credit allocations. Your share of the capital credits is determined by how much money you spend with the Cooperative purchasing electricity and electric services and is refunded as financial conditions permit.
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