If you are currently a member-consumer of Kankakee Valley REMC and were also one during 1997-2001 or 2018, you can expect to see a credit on your bill generated in December. This credit is from our power supplier, Wabash Valley Power Alliance.

Wabash Valley Power Alliance (WVPA) is a non-profit cooperative just like KV REMC.  Any margins they earn over and above it’s expenses, maintenance or capital improvements are returned to it’s member-consumers.  KV REMC is a member-consumer of WVPA.  This return is referred to as capital credits.  

Your KV REMC board of directors has decided to pass these capital credits on to the member-consumers who received power from KV REMC during the retirement years.  The amount of credit will be based on how much electricity you used during those years.  

Capital credits allow member-consumers to benefit directly from the commitment of our power supplier to prudent fiscal management.