The Tipmont REMC board of directors authorized a capital credit retirement for members that received service in 1987. The capital credits reflect those members’ contribution of capital to, and ownership of, the cooperative during those years. Those funds helped us build and maintain a reliable electric distribution system and cover emergency expenses.
Eligible members receiving more than $15 will receive a check in the mail. Members receiving less than $15 will receive a bill credit. The credits will be distributed between December 22 and January 15, 2020. More information is available here.
Do we owe you money?
If a capital credit check is returned (usually because of an incorrect address) or not cashed within six months (180 days), we publish your name in the unclaimed credits database at tipmont.org/unclaimed. You can search this database of unclaimed credits and initiate a claim for any capital credits that may belong to you.