GVEA is looking for...

Who?

Persons and companies who were members of GVEA anytime prior to and including 1986 and whose address we no longer have on record. To determine if you are eligible for a capital credits refund, but we don’t know your address, type your last name in this form and click submit:

Why?

To refund capital credit assigned to eligible members of Golden Valley Electric Association whom we have been unable to locate.

What are capital credit refunds?

Each year that Golden Valley Electric earns a margin (the amount left after expenses have been deducted from revenue), it is assigned to Co-op members in proportion to the amount they were billed for electricity during that year. These funds, called capital credits, are retained by the Co-op as a source of working capital for approximately 20 years and are refunded at the discretion of the Board.

Although there are some variations among the 1,000 electric co-ops nationwide in their handling of capital credits assignments and refunds, the approved procedures are fairly rigid. Methods of handling capital credits must meet the requirements of Rural Utilities Service, IRS, applicable state law and each co-op's bylaws and annual financial audit tests. GVEA's capital credits assignment and refund practices meet all applicable requirements.

The GVEA Board is currently reviewing our Capital Credits Policy to determine how capital credits should be refunded in the future.

You must apply for your refund!

If your name appears on the list, you must apply for your refund. There are many ways to apply for your capital credit refund:

• Use our web form.
• Print and mail an application to us. You can download an application here (PDF, 135K).
• email us and request an application be mailed to you.
• Call us at (907) 451-5625 or (800) 770-4832 and request we mail you an application.

Refund checks will be issued and mailed to you after your information has been researched and verified. Capital Credits have already been refunded for years 1959 through 1985 to all eligible current members of GVEA and to former members who have current addresses on file at GVEA.

For additional information about capital credits, refer to "Capital Credits Questions and Answers."

If you do not wish to receive capital credits, please fill out our Reverting Capital Credits Back to GVEA form.