Manager’s Message – December 2024

Capital Credit Checks Are Heading to Your Mailbox

Happy holidays from all of us at Northern Lights!

I am happy to announce the board of directors authorized a total of $1,900,000 of capital credits from 2000 and 2001 to be returned to our members. This means that if you were a member of Northern Lights in those years, you will receive a check in the mail this December. Your check amount is determined by the amount of energy you used during those years.

We work hard to serve our members by providing safe, reliable, and affordable electricity. As a not-for-profit cooperative, NLI is owned by its members. 1 benefit of being a member-owned cooperative is money left over at the end of the year is returned to members in the form of dividend checks in the future. Meanwhile, the funds are used to improve and maintain our infrastructure, ensuring reliable service, offsetting the need to borrow money, and helping us keep rates low.

Returned capital credits that go unclaimed are held by the cooperative. A list of all members with unclaimed capital credit distributions is available on our website. If you find your name on the list, please call us at (208) 263-5141.

Another option is to donate your capital credit checks to the Northern Lights Community Trust, which distributes the funds to local charities in our services area. See the insert enclosed with your check for instructions on how to do this.

Feel free to contact our office if you have any questions.

All of us at NLI wish you a safe and happy holiday. We hope you enjoy the time with your family and cherish the holiday spirit!

Merry Christmas!
Annie Terracciano
General Manager