The Delaware Electric Cooperative (DEC) board of directors has voted to give back more than $5 million in credits to Cooperative members this December.
According to DEC, the Cooperative expects to provide checks or billing credits to over 75,000 members over the holidays. Because the DEC is not-for-profit, capital credit refunds, or the Cooperative’s profits, are returned to DEC members.
Individuals must have been a DEC member in 2011 to receive these billing credits, DEC says. All eligible current members are set to receive a credit on their December bill, and those who are no longer active can expect a check for their portion of the credits, according to the Cooperative.
Source : WBOC