What is the member's share of this allocation?

Each year in May, members are mailed a Patronage Allocation statement showing their portion of the margin or patronage allocation. Look for the Patronage box.

How is patronage allocation calculated?

Member earnings in a given year are based on individual electricity purchased each year compared to total sold. The sum of the member-owner's bills for the year is multiplied by a percentage determining patronage allocation.

How do I know the balance of my capital credit account?

On your capital credit statement sent via the mail, through the SmartHub app, or members can contact our office for further assistance at (712) 647-2727

Frequently Asked Questions about Patronage

What happens to member's capital credits when they move?

We need your forwarding address and/or name change to continue to contact you regarding capital credits and send checks. If you believe you have a patronage check not cashed or have moved and we can't locate you, contact our office 712.647.2727 or email harrisoninfo@hcrec.coop.

How long do I have to cash my check when received?

Patronage checks are stale-dated (VOID) 60 days from their issue date. Please cash your check as soon as possible when you receive it.

If a member is deceased, what happens to their capital credits?

Family of deceased should notify our office of a deceased member. Harrison County Rural Electric Cooperative pays patronage to estates on a discounted basis twice annually. If you're interested in a discounted settlement on patronage of a deceased member, less any amounts due the cooperative contact our billing office (712) 647-2727 to make arrangements.

Notify our office for Deceased Family Member

When do members receive capital credits?

Your board of directors determines if there will be a refund annually based on the cooperative financial condition and the provisions of its by-laws.