Mid-South Synergy is a member owned, not for profit cooperative. If the coop’s revenues exceed the cost of doing business (expenses), the co-op has earned "margins" (profits). Each year, margins earned are assigned to the coop’s members (based on the usage); these assigned margins are called capital credits. While the capital credits are assigned to members, they are retained by the coop for a period of time and are used to pay for expansions, equipment upgrades and other necessary improvements. After a period of time, the board of directors determines the portion of the capital credits that will be refunded to the membership while ensuring the coop’s financial health. Since 1998 Mid-South Synergy has returned nearly 2.5 million dollars in capital credits to our members.
For the year (2010), the Board of directors has decided to refund the capital credits allocated for the years 1983 and 2006. If you were a member during those years you will receive your capital credits in the month of June 2010.
If you have any further questions please contact us at 936-825-5100 or email us at customerservices@midsouthsynergy.com.