Nobles Cooperative Electric’s Board of Directors return $500,000

November 21, 2010 at 1:24 pm in Worthington Daily Globe

WORTHINGTON The Board of Directors of Nobles Cooperative Electric (NCE), authorized the pay-ment of $500,000 in capital credits to its members.
The payment happens through capital credits. Capital credits are the difference between NCE’s operating costs and revenues.
Since NCE is a non-profit cooperative, any revenues available after expenses are returned to the member-owners. Continue Reading