Unclaimed capital credits
On the inside cover of this magazine, you may have seen our seven cooperative principles. This is the perfect example of the third principle in action!
As a not-for-profit electric cooperative, we return any margins to members each year as capital credits. However, sometimes members move out of the area and we are unable to locate them to return their credit.
If a credit remains unclaimed, we are required to send it to the state treasurer after four years. Piedmont Electric also must follow the same procedure for any other funds returned to members.
If you know someone who used to be a Piedmont Electric member but is not one any longer, help them out and search for their name here. They might have money waiting for them!
You can also visit nccash.com to find any funds sent to the state treasurer.