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Patronage Capital - A Distinct Advantage of Cooperative Membership |
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One of the many benefits of being a member of Vermont Electric Cooperative is that you are a member owner. One of the ways your ownership is reflected is through Patronage Capital.
VEC reports your Patronage Capital allocations on your monthly bill(s). This information includes the amount of Patronage Capital allocated to you for the previous fiscal year and total Patronage Capital balance. Each year, we will provide you with updated information.
What is Patronage Capital? Every month, you are billed for electric service and we pay the expense to provide that service. Patronage Capital is your share of what's left over at the end of the year after we pay our operating expenses.
For more information, check out our Frequently Asked Questions or contact a Member Service Representative at 1-800-832-2667.
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