Capital Credit Refunds
Sangre de Cristo Electric Association (SDCEA) is a non-profit electric cooperative. At the end of the year, our financial statements show whether revenue exceeded costs and resulted in a positive margin. Margins are used by SDCEA for operating capital and, over time, may be paid back to our members in the form of capital credit refunds when the financial position of the cooperative permits and policy provisions are met.
If you had electric service with SDCEA during a year for which the board of directors has approved the return of capital credits, that amount will be reflected as a bill credit on your November bill. For those who move to a new location and no longer receive service on our lines, it is important to leave a forwarding address with us, as we will send you a refund check instead of a bill credit.
In December 2020, SDCEA refunded to consumers who received service in 1996, 2002, and 2003. At that time, SDCEA posted money to 3,929 accounts and sent 6,601 checks for a total refund of $676,216. Following is a list of names to whom checks were mailed that were returned because we did not have a valid address. Or, in some cases, checks were simply not cashed.
If you are in contact with someone on this list, please have them call or email us so we can send them their refund. If there is a person on the list who is deceased, please have their heirs contact us.
Visit our Capital Credit Refunds page to view the list of unclaimed capital credits.