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Capital Credits

Capital Credits

 

Capital credits are the mechanism MPE uses to return profits to its rate payers. If you are a consumer-member of MPE, you are a part owner and entitled to a share of our profits. Capital credits are returned to you using a first-in-first-out schedule, based on your past energy purchases. They are issued via bill credit, or we cut you a check. Capital credits are your piece of the pie.

DOES MPE OWE YOU MONEY?

MPE returns capital credits to its consumer-members on a 20+-year retirement cycle. If your name appears on THIS LIST, we need your updated address so that we can mail your capital credit check. Questions? Call (970) 887-3378, EXT 3 or email us at capitalcredits@mpei.com. 

 

HOW WE RETURN PROFITS 

How It Works

After paying for needed infrastructure, MPE returns margins based on our consumer-members' contribution to electric sales. Because we are debt financed, margins are returned approximately 25 years after they are earned. That's because MPE's initial start-up costs to electrify rural north central Colorado necessitated the borrowing of significant federal funds. As such, margins are returned when our loan covenants are favorable to do so. The MPE Board of Directors is committed balancing returning margins, maintaining and improving infrastructure, meeting financial requirements and maintaining affordable electric rates.

How Profits Are Returned to You

Capital credits are issued as account credits, or we mail a check. Because refunds are paid even after a consumer-member discontinues service, it is important that you inform MPE of address changes. Unclaimed capital credits are deposited in MPE's Education Fund, which pays for local student college/vocational scholarships and for other community educational investments.

Your Piece of the Pie

As a consumer-member of MPE, you are a partial owner of our electric cooperative, and entitled to your share of the margins we earn. To date, since 1977, MPE has returned more than $15 million to its consumer-members. With rare exceptions, we refund capital credits annually. We call it your piece of the pie.

QUESTIONS?

Email Us: capitalcredits@mpei.com

 

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Mountain Parks Electric, Inc.

Mailing Address
PO Box 170
Granby, CO 80446-0170

970-887-3378
memberservices@mpei.com

Get in Touch

©2023 Mountain Parks Electric, Inc. Serving North-Central Colorado

  • Home
  • About Us
    • Articles of Incorporation
    • Board of Directors
    • Board Meetings
    • Bylaws
    • Director Elections
    • Employment Opportunities
    • IRS Form 990
    • Overview
    • Public Board Policies
    • Rates & Tariff
      • Electric Rates
      • Tariff
  • Community
  • Information & Programs
    • Colorado Country Life Magazine
    • Electric Vehicles
    • Electrify Everything Program
    • Local Weather Data
    • New Construction
    • Online Survey
    • Pilot Programs
    • Prepaid Metering (EZ PAY)
    • Rates & Tariff
    • Scholarships & Youth Programs
  • Account Services
    • Billing & Energy Assistance
    • Capital Credits
    • EZ Pay (Prepaid Metering)
    • FAQs
    • Higher-than-expected electric bill?
    • Manage by Phone (or Online)
    • New Construction
    • One-Time Payment
    • Online Survey
    • Pay My Bill
  • Rebates & Renewables
    • Clean Air
    • Clean Power Program & Net Metering
      • Contribution Form
      • Rebate Application
    • Rebates
  • Safety
  • Contact Us