As a not-for-profit rural electric
cooperative, EnerStar is owned by the members who receive electricity from our cooperative. At the end of the year, after all the revenues have been collected and all the expenses are paid, the remaining margins (profits) are allocated to members who received electric service during the year. These are called capital credits. They
represent member equity in our
cooperative.
The EnerStar Board of Directors reviews the financial health of the cooperative each year to determine if it is financially feasible to authorize a capital credit retirement.
During one such review in 2015, the cooperative issued capital credit checks to current and former members who had electric service for the years 1969 to 1976.
The cooperative is attempting to locate these former members (or possibly their heirs) who received service during that time. The Cooperative does not have a valid address on the accounts listed below.
If your name or the name of a family member is listed in this publication, please have them contact EnerStar’s Member Services Department at 1-800-635-4145. If it is a family member and they are now deceased, we would need the estate executor to contact the office for additional instructions on a
special estate retirement.
Gene Higginbotham of Martinsville, who has served as the director from District 7 since 1998, has announced his retirement from the cooperative board of directors.
