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Capital Credits

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SWRE is a not-for-profit, member-owned entity that strives to perform all segments of operation at cost. As a result, any margins (profits) are returned to you, our members. Your share of these margins is called capital credits. Net margins are allocated to members in proportion to the member’s cooperative purchases for a particular year. The Board of Trustees decides to retire capital credits based on the cooperative’s financial condition. In the meantime, SWRE utilizes the money as working capital for operating and reinvesting in the cooperative until a determination is made.

 

SWRE retired over $301,000 in capital credits in 2022 for the remaining fiscal year of 1979, the full fiscal years of 1980, 1983, 1987, and a portion of 1988. The co-op has distributed capital credit checks to members for their portion of the margins during those years. Capital credit checks for 2022 were issued by mail to the address on file.

Capital credit checks are issued for members if the amount is greater than $5. The cooperative does not issue checks for members with a capital credit distribution less than $5. If your capital credit distribution is under the $5 threshold, please make sure to keep your contact information updated with SWRE so that we can reach you when you are eligible to receive a capital credit check. Current and former members can call SWRE at 1-800-256-7973 to update their contact information.

If you have received a capital credit check from SWRE in error, please mail the check back to the cooperative (P.O. Box 310, Tipton, OK 73570) and we will update our records.

UNCLAIMED CAPITAL CREDIT SEARCH

Type your last name, business name or account number into the search field to see if you qualified for a capital credit check in 2022. If you find your name listed and have not received your capital credit check in the mail, please contact SWRE at 1-800-256-7973 to update your contact information. 

If you have found the names of your living family or friends, they must contact us directly at the number listed above. If you have found the names of deceased family, download one of the Entitlement Forms below and return the completed form to SWRE via fax (580-667-5284).

Capital Credit Entitlement Form (Residential Members)

Capital Credit Entitlement Form (Commercial/Business Members)

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    Contact Info

    Southwest Rural Electric Association, Inc.
    700 N. Broadway | P.O. Box 310
    Tipton, OK 73570

    Office: 1-800-256-7973

    Outage Hotline: 1-833-590-0353

    24/7 Automated Phone Line: 1-833-890-9510

    About Us

    Southwest Rural Electric is an electric cooperative headquartered in Tipton, Oklahoma. SWRE's service area includes 3,103 miles of power line and 7,610 active meters in 6,000 square miles across southwest Oklahoma and north central Texas. 

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    ©2023 Southwest Rural Electric Association. All Rights Reserved.

    • Home
    • About Us
      • My Cooperative
      • Board & Leadership
      • Annual Report
      • Bylaws
      • Energy Mix
      • District Map
      • Rates
      • Safety
      • Cooperative Principles
      • Non-Discrimination Statement
      • About Touchstone Energy
      • Careers
      • Contact Us
    • Community & Youth
      • Trading Post
      • Operation Round Up
        • ORU Shooting Sports Fundraiser
      • Youth Tour
      • Leadership Summit
      • Energy Camp
    • Member Services
      • Apply for Service
      • Payment Options
      • Outages
      • Member Meetings
      • Products & Rebates
      • Capital Credits
    • News
      • Power Source Newsletter
      • Recent News
    • Resources
      • Energy Assistance Programs
      • Solar Calculator
      • Forms
      • Safety Quiz
      • Together We Save
      • Call Before You Dig