Current projections indicate that the capital credit retirement cycle could go beyond our 20-year goal. To help shorten this delay, the Board is offering members the chance to receive an early, discounted payment of their capital credits from 2017. The Board approved offering members 35% of their capital credit balance. If they accept, members will receive their 2017 capital credits this December as part of the general retirement. If they decline, members will stay on the standard 20-year cycle and get the full value of their credits over time. Members will receive a letter this month with more details. Note: Generation and Transmission (G&T) capital credits, representing ownership in East River Electric and Basin Electric, are not included in this early retirement offer and will be retired
separately. If you have any questions about the new retirement option, please call our office at 605-352-8591.