As a non-profit member-owned utility, any margins (profits) above the cost of service are allocated back to our member-owners based on how much electricity each member purchased during the year.

The Choptank Electric Board of Directors voted to retire capital credits early this year to help members after an extremely cold winter. Capital credit notice for active members will show on their May 2025 electric bill in the left message area above the bill stub. Inactive members with 2024 electricity billings will be mailed a separate notice.
 
The Co-op portion of capital credits is reviewed by the Board of Directors each year and they determine how and when to repay the amounts allocated. Their decision is based on a variety of factors, including the overall financial condition of the Cooperative.
 
If you have questions about your capital credits, please contact our Member Service Center at 1-877-892-0001 and have your account number available.

Members are now able to designate a beneficiary to receive any capital credits after the member’s death. Please visit > www.choptankelectric.coop/capital-credits to download a fillable form that can be emailed to memberservices@choptankelectric.coop.