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LPEA offices are currently closed to the public due to the COVID-19 pandemic. Online, drive-through, and phone options are still available during normal business hours. As a critical business, LPEA is still fully operational to keep your power flowing.Read more
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LPEA seeks members due to receive capital credit refunds

LPEA seeks members due to receive capital credit refunds

Monday | March 8, 2021
All News

LPEA is seeking current and former members who are due to receive Capital Credit refund monies. Capital Credits represent ownership of LPEA and are credited to members based on the amount of electricity they use. As LPEA is a non-profit cooperative owned by its members, it returns Capital Credits to its membership when the board determines that financial circumstances allow it.

Each fall, the LPEA Board of Directors determines how much patronage capital should be retired that year. Those funds are then returned to members either as a bill credit (for amounts less than $100) or as a check (for amounts greater than $100). Sometimes, these checks go uncashed, or LPEA is not able to find a valid address on file to remit them.

After three years, these funds become “unclaimed” and are then used for educational or charitable purposes as determined by the LPEA Board of Directors, as set forth in the LPEA Bylaws. Unclaimed Capital Credit funds currently support LPEA’s scholarship and grant programs, and contribute to educational and non-profit community projects in La Plata and Archuleta counties.

The full list of unclaimed Capital Credits is available at lpea.coop/capital-credit-refunds. It has also been published as an insert in the Durango Herald and in the Pagosa Springs Sun. To claim funds, members must call LPEA directly at (970) 247-5786.

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Customer Service

970.247.5786 or 888.839.5732

Business Hours

Durango: Mon – Thu, 7:00 a.m. – 6:00 p.m.

Pagosa Springs: Mon – Thu, 7:00 a.m. – 5:00 p.m., closed 1:30-2:30

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©2021 La Plata Electric Association. A Touchstone Energy Cooperative

  • About Us
    • ABOUT LPEA
      • Code of Excellence
      • LPEA Information & Facts
      • Calendar of Events
      • Mission, Vision, Plan
      • LPEA History
      • Cooperative Difference and Principles
      • Power Supply
      • Leadership Team
      • Employment & Career Opportunities
      • Annual Reports
    • BOARD DIRECTORS
      • Board of Directors
      • Board of Directors Resources
      • Board of Directors Committees
      • Board Director Candidate Information
      • Annual Meeting
      • Voting Districts
    • POLICIES & REGULATIONS
      • LPEA Policies and Bylaws
  • Community
    • COMMUNITY PROGRAMS
      • Round Up Foundation
      • Energy Outreach Colorado
      • Grant Programs
    • EDUCATIONAL PROGRAMS
      • Educational Electricity Programs
      • Electric Utility Terms
      • Scholarships
      • Cooperative Youth Leadership Camp
      • Youth Tour
        • 2019 Youth Tour Daily Blog
  • Electric Services
    • BILLING
      • Go Paperless!
      • Electric Energy Rates
      • Bill Pay Programs
      • How to Pay Your Bill
      • Late Payments and Bill Pay Assistance
      • Capital Credit Refunds
      • On-bill Financing Program
      • SmartHub Application
    • RESIDENTIAL SERVICE
      • New Construction
      • Forms & Applications
      • AMI Meter Information
      • Time-of-Use Rate
      • Undergound Utility Line Location
    • COMMERCIAL SERVICE
      • Commercial Service
  • Member Services
    • REBATE PROGRAMS
      • LPEA Rebate Programs
      • Electric Thermal Storage (ETS) Heater
    • ENERGY EFFICIENCY PROGRAMS
      • Together We Save
      • Energy Conservation Tips
    • LIGHTING
      • Area Light Rental
    • GREEN POWER
      • Green Power Program
    • LOCAL RENEWABLE GENERATION
      • On-Site Net Metering Program
      • REC Payment & Tax Incentives
      • Renewable Generation Forms
      • Qualified Solar Installers
  • Safety
    • ELECTRICAL SAFETY
      • Surge Protectors
      • Electrical Safety Checklist
    • ELECTRICAL SAFETY TIPS
      • Indoor Electrical Safety Tips
      • Outdoor Electrical Safety Tips
      • Severe Weather Safety Tips
        • Lightning Safety
      • Generator Safety
  • News & Outage Center
    • Latest News
    • Construction Updates
    • LPEA Fact Checker
    • News Releases
    • WATT'S UP Member Newsletter
    • LPEA Wire Video Series
    • Outage Viewer Map
    • Power Outage Tips
    • Power Restoration Plan
    • Report An Outage
    • Standby Generator Requirements
    • Social Media Platforms
    • Outage Texting Service (OTS)
  • Contact Us