San Isabel Electric members have until November 11 to return their discounted power-supplier capital credit opt-in forms.

The co-op extended the original November 1 deadline to November 11.

Members that return their forms before the deadline will receive a check for their discounted capital credits in mid-December.

“This is a great opportunity to put a larger chunk of change in our members’ pockets before the holidays and the end of the year. Plus, it’s a way for us to pay members back for their investment in the co-op now instead of waiting decades to send them a series of smaller checks,” San Isabel Electric General Manager Reg Rudolph said.

Opting in allows members to receive their power-supplier capital credits in a single discounted payment as opposed to a series of small payments over a period of about 40 years.

The discounted amount being offered is a flat rate of 25 percent of the total balance of unretired power supplier capital credits. This percentage represents the cash value today of the member’s total balance of unretired power-supplier capital credits to be paid to the member throughout a 40-year retirement cycle.

Members are not required to take the discounted amount; they can simply wait to be paid in the future and receive full value.

There is no guarantee that capital credits will be retired at a set time in future years. The electric utilities’ Board of Directors is obligated to consider the financial condition of the co-op when deciding to retire capital credits.

Currently, San Isabel Electric has no plans to make another discounted capital credit offer in the future and has never offered a prior discounted power-supplier capital credit opportunity in its 80-year history.

What should you do?

To opt-in to receive a check in December 2019 for your power-supplier capital credits at the discounted rate, complete and return the original opt-in form no later than November 11. Forms can be returned to San Isabel Electric via mail or at any of the co-op’s three office locations.

Members who do not wish to accept the discounted offer should do nothing.

More information about the discounted capital credit offer is available online at Members can also call 1-800-279-7432 for more information.

San Isabel Electric cannot advise members to act in one manner or another. Participation in the discounted capital credit retirement program is voluntary.


As a not-for-profit cooperative utility, San Isabel Electric provides affordable, reliable electricity with exceptional service to communities throughout southern Colorado. Serving nearly 20,000 member-owners and 24,000 meters, San Isabel Electric has been keeping the lights on since 1938. We don’t just serve communities. We are part of communities.