Cherryland Returns $4.2 million To Members
Cherryland Electric Co-op (CEC) is returning a record-setting $4.2 million in capital credits to it members, effective on their October 2014 billings. Margins earned are allocated to individual co-op members annually in proportion to the amount of kilowatt-hours consumed during that year. In addition, CEC’s financial situation allowed them to eliminate their Power Supply Cost Recovery (PSCR) for September and October. “We will continue [...]