Capital Credits are a benefit of membership in a customer-owned utility. Each year Fairfield uses the revenues that exceed operating costs as equity.
These funds and borrowed capital allow Fairfield to serve a growing number of customers while implementing the latest technology to provide the best possible service. As a not-for-profit utility, Fairfield later returns these revenues to the member-owners who originally paid them in their electric bills.
The amount of Capital Credits returned to you is determined by total revenues received over expenses for the cooperative and your total energy billings for the year.
If you move, be sure to leave your forwarding address with us so we can send your Capital Credits check to you. You do not normally have to report your Capital Credits payment on your income tax return. However, if you have any questions concerning tax liability, consult your tax preparer.
