Capital Credits
Capital Credits
Recorded on

We were in the studio for a conversation with Kris Sieber, Manager of Member Services, and Larry Andrews, Manager of Administrative Services & Controller for REC.

We talked about Capital Credits: what they are, how they’re used, and why they’re important to the financial stability of the cooperative. Larry & Kris explained how members earn the credits and how they are re-distributed back to REC members. 

REC STORIES

2026 Director Elections Open

Wednesday | July 1, 2026
As a member-owner of Rappahannock Electric Cooperative (REC), you have a vital role in shaping the Cooperative's future. This year, members will elect...
90 years ago, two determined Virginians carried a message to area rural families and businesses: to get electric service, they might have to build it ...
As a not-for-profit cooperative, REC assigns any margins remaining after expenses to members in the form of capital credits.