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Lake Region Electric Cooperative
Pelican Rapids, Minnesota
(800) 552-7658
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Capital Credits

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  3. Capital Credits

As a cooperative member, you get back a portion of the amount you paid for electric service. Each year, funds are allocated to members’ accounts. Before they are refunded, however, the money is used to maintain, improve, and ensure dependable service. Since 1937, more than $82 million has been allocated to members.

When capital credits for the years you were a member are refunded, you receive your share, whether or not you are still a member. That is why it is important for you to provide a forwarding address each time you move so you can still receive payment.

To learn more, please check out our list of frequently asked questions about capital credits.

How Do Capital Credits Work?

Infographic on how capital credits work.

Capital Credits of an Estate

Capital credits of a deceased member may be paid out to heirs in a lump sum upon completion of the appropriate paperwork. For further information, please call (800) 552-7658.

Unclaimed Capital Credits

Lake Region Electric Cooperative has several members who have not cashed their capital credit check, or we no longer know where they are located. Check out the list of Unclaimed Capital Credits sorted by name or sorted by city. If you have any information about people on this list, please e-mail lrec@lrec.coop or call (800) 552-7658.

If capital credits owed to Minnesota residents are still unclaimed after seven years, they are transferred to the Lake Region Electric Trust and used to fund the Operation Round Up program.  Capital credits owed to out-of-state former members are returned to the state.




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Your Co-op

  • Mission & Vision
  • Energy Sources
  • Careers
  • Cooperative Governance
  • Operation Round Up
  • Capital Credits
  • LREC Veteran Lineworker Scholarship
  • News & Events
  • Safety
  • Vegetation Management
  • Electric Industry
  • Economic Development
  • Privacy Policy
  • Statement of Nondiscrimination
  • Our Videos

Contractors

  • Contractors Resources
  • 2020 Program & Resource Guide
  • Water Heaters
  • Steffes Heaters

Common Forms

  • Application for New Service
  • Transfer Existing Service
  • Load Management Application
  • Authorization to Reconnect Service

Quicklinks

  • Report An Outage Online
  • Career Opportunities
  • Load Control
  • Operation Round Up
  • Gopher State One Call
  • QI A/C & ASHP Contractors
  • Economic Development
  • Our Recent Videos
  • Renewable Energy Interconnection

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