You may see a credit on your bill

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Posted on Nov 04 2024 in Kankakee Valley REMC
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If you were a Kankakee Valley REMC member-consumer between 1981 and 1986, you can expect to see a credit on the electric bill you receive in November. Referred to as capital credits, it is a tangible benefit of our commitment to prudent fiscal management and you being a KV REMC member-consumer.

As a non-profit, any margins earned over and above its expenses, maintenance, or capital improvements are returned to the memberconsumers. This year, your board of directors elected to retire over $2.2 million in capital credits to those who were members between the years mentioned above. The amount you receive is based on how much electricity you used during those years.