BLUEBONNET ELECTRIC TO CREDIT MEMBERS $3.39-MILLION

  

Bluebonnet Electric Cooperative’s members will find something in their May electric bills – a credit for their share of $3.39 million.

The money is in capital credits that Bluebonnet’s board of directors unanimously voted to return to its members.

The money is similar to dividends that companies pay their investors.

Ben Flencher, Bluebonnet’s board chairman “Everyone at Bluebonnet works hard to keep rates as low as possible while providing safe, reliable power and outstanding service to members.

Capital credits are excess revenue above what it takes to run the co-op.  Each year, Bluebonnet’s board of directors approves the capital credits payment during its April meeting.

During the last 10 years, Bluebonnet has returned $43.83 million to its members.