Click here to find a list of names of people who have an unclaimed capital credit from San Isabel Electric Association.
The electric cooperative publishes the unclaimed capital credit list every April in an attempt to notify member-owners that the co-op issued them a capital credit check for at least $10, and that check has not been cashed.
Searching for and claiming your capital credits is quick and easy. Look for your name in the printed list, or search an online database at siea.com/capitalcredits to check if we owe capital credits to you or one of your family members. If you’re a current or former member and find your name, you can fill out an online claim, email capitalcredits@siea.com, or give us a call at 800-279-SIEA (7432) to start a claim.
Capital credit is money back to members based on how much electricity was purchased by the member-owner. Most utilities pocket leftover money as profit when revenues are more than expenses. Electric co-ops set aside that money for members as capital credit, based on the amount of energy each member purchases. When it’s financially prudent to do so, the co-op retires (returns) the money to members. Members receive their share as a check right in their mailbox.
In September 2024, SIEA members from 1978–1983, 1991, and 2021 received capital credits checks in the mail, reflecting their ownership of the cooperative during those years. More than 21,000 capital credit checks were mailed to San Isabel Electric members, returning nearly $1.5 million to the co-op’s membership.
A full list of members with capital credits in their name will be published on the co-op’s website at siea.com/capitalcredits by June 1. If a member-owner has not claimed their unclaimed capital credit after three years, SIEA uses the money to fund scholarship programs and area service efforts approved by the board of directors, supporting hospitals, fire stations, county fairs, school sports, local chambers of commerce, and more.
Unlike investor-owned utilities, electric cooperatives cannot use money returned to the community as a tax write-off. Members are encouraged to leave forwarding addresses with SIEA should they move off the system. In the case of a member’s death, a representative of the estate should contact SIEA to determine the status of the member’s capital credit checks, both now and in the future.
San Isabel Electric Association’s mission is to deliver on the promise of service and value.
