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  • Capital Credits

Unclaimed Capital Credits 1978-1979

Each year, the earnings collected in excess of the cost of providing service, are allocated to CEMC’s members.  This allocation is what we call capital credits, or patronage capital.  We pay out capital credits in two ways, either by having a general retirement, or at the time of a member’s passing.  In 2015, the CEMC Board of Directors approved a General Retirement for the years 1978-1979.

When we have a general retirement, we find that not everyone claims these funds, or we have lost contact with them.  We hold these funds for our members for five years, at which point we make a final push to find these members.  These funds will need to be claimed by September 29, 2021.  After that, all remaining funds from the 2015 general retirement from years 1978-1979 will be deposited into Canoochee’s Foundation, The CEMC Foundation, Inc.  These funds will be earmarked for education, or for economic development that benefits the members of Canoochee EMC.

Please call (800)342-0134 if you can help us locate these recipients.

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We are Canoochee EMC and we are working for you, our members.

Contact Us

Canoochee EMC

Po Box 487

Reidsville, GA  30453

You may also call us at 912-557-4391

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©2025 Canoochee EMC. Lighting Up a little piece of the South.

  • About Us
    • Annual Meeting of Members
    • Board of Directors
    • Canoochee EMC Bylaws
    • Message from New CEO Michael Wasson
    • New Member Welcome
    • SMS Terms & Conditions
    • SMS | Texting Privacy Statement
    • Service Territory and Board Districts
    • Canoochee EMC: 1938 to Today
    • Statement of Non-Discrimination
    • About Touchstone Energy
    • The Seven Cooperative Principles
    • Careers
      • Equal Employment Opportunity Policy Statement
      • Equal Employment Opportunity is The Law
      • Pay Transparency Non-Discrimination Provision
      • Right of Way Groundman - Reidsville
    • Privacy Statement
    • Service Rules
  • Member Services
    • Apply for Service
    • GATE CARD
    • Navigating EVs: Home Charging
    • Rate Adjustment 2024
    • Rooftop Solar Assessment
    • What is a Power Cost Adjustment?
    • Solar Energy
      • 10 Steps Before Installing Solar
      • Solar Agreement - Distributed Generation Agreement
    • Service Fees
    • Prepay Metering
    • Phone Scams
    • Georgia Agricultural Tax Exemption
    • Electric Vehicle Chargers for your Home
    • Canoochee EMC Apps & App Support
  • Community
    • CEMC Foundation Scholarship
    • Operation Round UP
      • CEMC Foundation Application for an Organization
      • CEMC Foundation Application for an Individual
    • CEMC Foundation Linemen Scholarship
    • Walter Harrison Scholarship
    • Co-op Connections Savings
    • Washington Youth Tour 2024
  • Safety
    • Safety Quiz
    • How to Prepare for Hurricane Season
    • Electrical Safety Checklist
    • Storm Center
  • Contact Us
  • Capital Credits