At its Sept. 27 meeting, the Guthrie County REC board of directors voted unanimously to allocate $1,168,555.66 of the 2021 margins as follows: $200,000 for reserve for
contingency losses and expenses $167,802.83 for statutory surplus $800,752.83 for patronage dividends

At the end of each operational year, capital credits are allocated based on the margins (profit) achieved in a given year and then pro-rated among Guthrie County REC member-consumers based on the amount of electricity each purchased during those years.

In addition to giving back to our members, Guthrie County REC retains funds in reserve to guard against any potential risks, as well as a statutory surplus amount that is required by state law and cooperative policy.

As a member-consumer, you should have received a letter from the cooperative stating your individual allocation amount. Please call 888-747-2206 with any questions.