Capital Credits Refunded to SMECO Members
Southern Maryland Electric Cooperative is refunding members’ capital credits totaling nearly $5.6 million. Of that total, a general refund of approximately $3 million will be issued in July.
SMECO Issues Capital Credit Refunds
Capital Credit Refunds from Southern Maryland Electric Cooperative will begin to be issued in July, at a total of nearly $5.6 million. Eligible active customer-members will get credits on their bills and checks will be sent to eligible former members.
Capital Credit Refunds Coming to SMECO Bills
Southern Maryland Electric Cooperative has been able to save money on its expenses through the year, so it will issue capital credit refunds to customer-members totaling nearly $3.8 million.
