San Miguel Power Association, Inc. is seeking current and former members who have not yet claimed their member dividends, also known as 'capital credits.' In January, 2024, the co-op sent out nearly $1 million in unclaimed Member Dividend checks to members who received electric service during the years, 1994 and 1995. Many of those checks have not been cashed.
Members are encouraged to check this list. Members whose names appear on the list may request another check to be issued. Credits that remain unclaimed or un-cashed as of June 30, 2024 will be forfeited by the member and extinguished and forever barred. Member Dividends are a benefit of being a member of your local electric cooperative. Please call 1-877-864-7311 with questions.