Retirement of Patronage Capital

Retirement of Patronage Capital

The retirement of patronage capital is an essential part of operating on a cooperative basis.  Beginning January 1, 2019, Coleman County Electric Cooperative is offering an option for early retirement of patronage capital belonging to former inactive patrons after all meters/services have been disconnected and as long as the financial condition of CCEC is not impaired. Since such retirements will occur prior to when patronage capital would generally be retired, early retirements will be on a discounted basis.  We will continue to retire patronage early to estates of deceased members at a discount in the same manor as we have in the past.  If you are interested in any of the procedures for early discounted retirements, please contact the CCEC office at 800-560-2128 or 325-625-2128 between the hours of 8 am and 5 pm.  

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