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Capital Credits

What are capital credits?

Because CDEC is a not-for-profit, member-owned electric cooperative, its governing board of trustees periodically returns margins (capital credits) to its members. Trustees determine the amount annually, based on the financial condition of the co-op. Allocations are based on the amount of electricity used by the member during the year(s) that working capital was collected.

Why does CDEC need my help finding people?

Every fall, CDEC publishes a special section in the enchantment that lists the names of current and former CDEC members who are entitled to "unclaimed property," a legal term we are required to use. This property is a capital-credit check(s), previously issued by CDEC. A capital-credit check goes unclaimed when it is returned to the co-op by the U.S. Postal Service as undeliverable to the mailing address that CDEC currently has on file for these people or organizations.

How can I help?

If you have contact information for names in the enchantment's annual capital-credits section, you can either:

Fill out the online form below and hit the submit button, provided there is no legal documentation to attach;

-- OR --

Click here to access a fillable PDF form, save it to your desktop and complete out. Mail the information back, fax it or drop it by our Grants or Gallup offices. (Sorry, but we cannot accept this PDF form by email).

ONLINE FORM for CAPITAL CREDIT REFUND AND NAME CHANGE REQUEST

Was the name spelled correctly?
Provide the current mailing address for the name you saw published in the enchantment magazine?
The name published is:
Is this individual deceased?
Are you requesting a name change for past and/or future capital credit checks?
Is there an additional name to be added to current/future capital credit checks?

You CANNOT submit this form.

Instead, please download the Adobe fillable PDF form by clicking the link mentioned in the instructions above this online form.

Download Form

In the space below, provide the physical address of the residence(s) and/or commercial building(s) that received service from CDEC in 1990.
Note: These are the years for which CDEC is currently retiring capital credits. If the name you are providing information for DID NOT receive service from CDEC during these years, the name might not be the same for whom CDEC has a capital credit disbursement check.
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Grants Office

200 E. High St.
P.O. Box 1087
Grants, NM 87020
Map

(505) 285-6656
Fax: (505) 287-2234

Gallup Office

2500 NM Highway 602
P.O. Box 786
Gallup, NM 87305
Map

(505) 863-3641
Fax: (505) 863-2175

 

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©2021 Continental Divide Electric Cooperative. All Rights Reserved

  • Home
  • About Us
    • Our Mission
    • Our Board
    • Our History
    • Our Staff
  • Billing
    • Payment Options
    • Budget Billing
    • Rates/Lighting
    • LIHEAP
  • News
  • Education
    • Scholarships
    • Lineworker School
    • Careers
    • Youth Tour
    • CDEC in the Classroom
  • Resources
    • CDEC Net Metering
    • 2021 Energy Efficiency Rebates
    • Charitable Requests
    • Sharing Success
    • Safety
    • Together We Save
    • Affiliated Organizations
    • Cooperative Principles
    • Downloadable Forms
  • Employment
  • Broadband
  • Capital Credits
  • Contact Us
    • Payment Arrangement
    • Request New Service
    • Other Inquiry
    • Get Email Alerts