(Clarkesville)- For the 31st consecutive year, Habersham EMC (HEMC) members received capital credit checks in late November. Since 1987, HEMC has returned more than $14 million to members.
This year’s retirement includes the return of capital contributed by members in 1987.
Member capital is utilized for a period of time to finance electric system improvements and maintain the financial strength required by HEMC’s lenders. Then it is returned, demonstrating one of the principles of our cooperative, nonprofit organization.
HEMC issues checks to members for $10 or more. If the credit is less than $10, the funds are retained until the total owed to the member is $10 or more.
For more information visit habershamemc.com, HEMC offices in Clarkesville or Cleveland, or call (706)754-2114, (706)865-4362 or (800)640-6812.
Habersham EMC, an electric cooperative based in Clarkesville, Georgia, serves more than 25,000 members with 3,760 miles of line in six counties of Northeast Georgia. Founded in 1938, HEMC strives to be the premiere utility service provider, enhancing the lives within our reach.