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No. All capital credits allocated for every year members have been served by Southern Indiana Power and are maintained until such time as the board retires them.

The Southern Indiana Power Board of Directors makes a decision each year whether or not to retire capital credits. When the cooperative is strong enough financially and member equity levels high enough, the board directs staff to retire some portion…

Once the board approves the retirement of capital credits, members having electric service during those retirement years will receive notification for the amount of the approved retirement.

If you have moved or no longer have electric service with Southern Indiana Power, it is important that you inform the cooperative of your current address, so that future retirements can be properly mailed to you. If you purchased electricity…

Capital credits will remain in the name(s) of the original member(s) until Southern Indiana Power is notified by a spouse, relative, or other legal representative that the account may be re-assigned to another person or transferred to an estate. Documentation…

In the case of the dissolution of a business, the Cooperative must receive appropriate legal documentation as proof of the dissolution in order to make any changes in the ownership of the capital credits. Otherwise, if the capital credits were…