Capital Credits

San Bernard Electric Cooperative operates on a non-profit basis for the mutual benefit of its members. Through non-profit operation, SBEC is able to furnish dependable electric service at the lowest possible cost.

Cooperative "margin" is any money left over after all operating costs have been paid. As a member of SBEC, part of that margin is allocated to the member based on the number of kilowatt hours that the member used for the year.

The retirement (disbursement) of capital credits is determined each year by a Board of Directors selected by the membership. The retirement varies and is based on the equity necessary to maintain financial soundness of the cooperative.

If you no longer have service with SBEC and change your address, please contact the cooperative with the new information.