What are capital credits?
Because CDEC is a not-for-profit, member-owned electric cooperative, its governing board of trustees periodically returns margins (capital credit)- 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:
1) Fill out the online form below and hit the submit button, provided there is no legal documentation to attach;
2) 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
(PLEASE NOTE: Carefully read the form below. If your answers require that legal documentation be attached, you MUST instead use the fillable PDF form mentioned in #2.)
* Red asterisks indicate required fields.