At Bandera Electric, you are more than one of our customers … you are a member. That means that in addition to quality electric service, you are also entitled to benefits such as capital credits, discounts and direct involvement in the business of the cooperative.
Co-op Connections® Card
In addition to supplying you with low-cost electricity, your Touchstone Energy Cooperatives membership provides you with even more ways to save money. With the free Co-op Connections® Card, co-op members nationwide save on everyday purchases at hundreds of participating retailers, including an average of 46% savings on prescriptions.
- And More
As a member-owned, not-for-profit organization, your Bandera Electric annually allocates margins back to each member who had electric service during designated years, based on their total electric bill. The Co-op then pays capital credits, above what is required to operate the Co-op, back to each member based on their share of patronage capital. Since the inception of BEC, your directors have approved and returned over $19.3 million to members.
Patronage capital is retained in order to maintain a sufficient level of equity that will enable your Co-op to continue effective and efficient operations, until the board of directors determines the financial condition will allow for a refund. Their goal is to authorize maximum refunds consistent with maintaining the financial soundness of your electric cooperative.
- CLICK HERE to find out if you have unclaimed capital credits.
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