five-dollar-bills

$4 Million back in the pockets of members

LCEC is a not-for-profit electric cooperative. Each year, the Board of Trustees considers an equity retirement. In 2016, LCEC was able to maintain a sufficient financial position, and in 2017, a retirement of $4 million in equity was made to current and inactive customers. Active and inactive customers received a check or a credit on their account. Active customers receiving …