It’s time for you to get the credit —capital credits, that is― for helping build, sustain and grow Tipmont REMC. Tipmont’s board of directors voted to retire capital credits to Tipmont members who received service in 1986 and 1987. The capital credits being returned reflect those members contribution of capital to, and ownership of, the […]
Tipmont REMC will be retiring capital credits to members who received service in 1986 and 1987.
When you sign up for electric service with Tipmont, you became a member and a part-owner of a non-profit electric cooperative. Capital credits are your piece of Tipmont’s success, both today and in the future. Why we pay capital credits Because Tipmont is a cooperative, owned by its members, it does not technically earn profits. […]