Board Votes to Retire $1M in Capital Credits
At their November meeting, the Board of Directors for Medina EC voted to retire $1 million in capital credits. Current members who have capital credits being retired will see a credit on their December bill. Former members who have capital credits being retired will receive a check in the mail.*
You can learn more about capital credits here.
*If the amount the former member is owed is less than $5, Medina EC will maintain the capital credits in an account for the member. Once the amount owed to them exceeds $5, the member will be mailed a check at the address they have on file with Medina EC.