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Capital Credits

Capital Credits
Unlike investor-owned utilities, PPCS is owned by the members we serve. Each year, all margins (surplus revenues) are divided among members in proportion to their transactions with the cooperative and are allocated in the form of capital credits. Capital credits are an investment in PPCS and accumulate in each member’s name. Capital credits are paid out based on the cooperative’s equity management plan as approved by the Board of Directors.  

 

Pierce Pepin has returned over $11.5 million to our members.

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