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Capital Credits (Deferred Patronage Dividends)

Capital Credits also known as Deferred Patronage Dividends

capital credits

As a nonprofit electric cooperative, Farmers Electric Cooperative allocates our annual operating margins, or profits, to members receiving service during the year. These margins (revenue in excess of expenses) are allocated using a proportional ratio (using the dollar amount of electric service that each member purchases in a year compared to the total electric service purchased by all members) and are called capital credits. They are used by Farmers Electric for operating funds and paid back to our members as the financial condition of the cooperative permits and as bylaw provisions are met.

If you cease to purchase energy from Farmers Electric Cooperative, please keep us informed of your address in future years. This will enable us to forward payment when the capital credits are refunded for the years of your membership.

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Contact Info

Farmers Electric Cooperative, Inc.

2389 Highway 92
Greenfield, IA 50849 


Office: 800-397-4821

Our Mission

To safely provide our members with electric service at the lowest possible cost, consistent with sound business practices.

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©2023 Farmers Electric Cooperative. All Rights Reserved.

  • About Us
    • About Us
    • Annual Meeting
    • Board Of Directors
    • Employees
    • Guiding Documents
    • Mission Statement
    • Power Supplier
    • Publications
    • Service Territory
  • My Account
    • Billing Information
    • Capital Credits (Deferred Patronage Dividends)
    • Understanding My Bill
    • Rates
    • Start/Stop Service
    • Metering
    • Power Outage Tips
    • Payment Options
    • Rebates
    • Contact Us
  • Community
    • Iowa Youth Leadership Academy
    • Youth Tour
    • Economic Development
    • RECare
    • Scholarships
    • Touchstone Energy®
    • Operation Round-Up
  • Member Benefits
    • Brochures
    • Forms
    • Rebates
      • Residential Rebates
      • Commercial Rebates
      • Agricultural Rebates
    • Services
  • Outage & Safety
    • Generator Safety
    • Grain Bin Clearance
    • Iowa One Call
    • Kids Stuff
    • Statewide Outage Information
    • Right-Of-Way Guidelines
    • Safe Electricity
  • Energy Efficiency
    • Appliance Recycling
    • Rebates
    • Touchstone Energy® - Energy Solutions
    • How A Heat Pump Works
    • Watts $Mart
  • Energy Options
    • Wind & Solar
    • Green Pricing Program
  • Legislative
    • Cooperative Action Network
    • Grassroots