Members from 1995 and 1996 to receive refunds
Amicalola Electric Membership Corporation announces a general refund of capital credit monies for members who had service during 1995 and 1996. The total amount of the refund is approximately $2 million.
Amicalola EMC is a not-for profit electric cooperative. Based upon the cooperative business model, monies collected from members, in excess of operating costs, are returned to members in the form of capital credit refunds when the financial condition of the cooperative allows. The current refund is based on the dollar amount paid by the member during 1995 and 1996.
All members who still have an active account with Amicalola EMC will receive a credit on this month’s electric bill; other refunds will be sent by check. For more information, please contact the Member Service department at 706-253-5200.
