Capital Credit Retirement to Change for 2011
We will be changing our general retirement of Capital Credits this year. Retirement amounts less than $25.00 will be applied to any active member's electric bill. This change should save Chippewa Valley Electric upwards to $2,000.00 in check processing and mailing costs.
A number of checks will still be written to inactive members and amounts greater than the $25.00 cutoff. We will also be mailing the checks directly from our printer, so they can be mailed presorted at reduced postage.
We know quite a few of you look forward to the annual retirement check, which many of you will not be receiving this year because of this change. We are doing this to help reign in our continually increasing operating costs and thank you for your understanding.
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