CHELCO’s Board of Trustees has approved a retirement of more than $1.4 million in capital credits to be returned to approximately 30,000 members from 2004.

If CHELCO collects more money than it costs to operate, these additional margins are returned to the members. These margins are called capital credits, and the Board of Trustees determines when they are paid out based on the financial needs of the co-op.

CHELCO typically retires capital credits and returns them to members on a 20-year cycle, meaning that those who were CHELCO members in 2004 will receive a capital credit check based on how much business the member did with CHELCO that year.

CHELCO will begin the distribution of capital credits in early December. To search for unclaimed capital credits or learn more about allocations and retirements, visit www.CHELCO.com/capital-credits.