This month, the co-op’s board approved to allocate more than $12.3 million of the Lake Country Power and Great River Energy 2025 margins into long-term member capital credit accounts.
Because Lake Country Power and Great River Energy are not-for-profit cooperatives, all margins (revenues minus expenses) are allocated back to member-owners in the form of capital credits. The allocation represents your share of “ownership” in the co-op and is paid back to you — over time — as financial conditions allow.
Allocation notices are being mailed in June. To keep you informed about your capital credit account, the line items recorded on your 2025 “Notice of Capital Credit Allocation” mailer represent the amount of the 2025 margin that was allocated to your personal capital credit membership account.
How Allocations Work
Allocations are based on patronage and your proportionate share of the cooperative’s revenue. Until capital credits are returned through a board approved general retirement, your allocation is invested to improve the reliability and service of your cooperative.
Think of your allocation as a membership investment that will be paid out to you over a period of time.
In the meantime, your capital credit membership account represents your share of ownership in the co-op. Lake Country Power uses the capital investment to reduce the amount of bank financing for equipment like electric lines, utility poles, substations, transformers and trucks. Visit www.lakecountrypower.coop for more information about allocations and capital credits.