What are capital credit allocations?

June 8, 2015
 
As part of the value of being a Great Lakes Energy member, you are entitled to a share of the margins or profits the cooperative earns.
We maintain an annual record of your share of these margins. Your share is referred to as a “capital credit allocation” and remains with GLE until financial conditions permit us to return the earnings to you.
Your June bill notes the capital credit allocation amount you earned in 2014. This amount is not a refund, but a record of your annual investment in GLE.
You will be notified when part of your allocations are to be returned to you as a refund, which if financial conditions allow, will be in December. Details will be shared later in Michigan Country Lines. 
At Great Lakes Energy, you’re more than just a customer; you’re a member. The capital credits program is another way we look out for you.