Investor owned utility companies send profits to

their investors....

Being a cooperative, we give profits back to YOU!


YOU get the credit
URECC returns over $2 million in capital credits to members.

It’s time for you to get the credit —capital credits, that is— for helping build, sustain, and grow your local electric cooperative. This year, URECC retired – or paid by bill credit or check – $2.2 million to members like you across portions of 10 counties served by the co-op. 

When you signed up to receive electric service from Upshur Rural you became a member of an electric cooperative utility. While investor-owned utilities return a portion of any profits back to their shareholders, electric co-ops operate on an at-cost basis. 

Upshur Rural allocates margins annually and that amount becomes your capital credits. Your capital credits are based on how much electricity you’ve purchased throughout the year.

If the cooperative is in good financial standing, URECC may retire capital credits for a period determined by the Board of Directors.

With 2020 proving to be a challenging and unpredictable year, URECC is very pleased to be able to provide a sense of stability for our members by returning unused operating funds to you– rather than being forced to increase rates (to cover the cost of buying power, transmission of that power, and daily operations), causing more financial stress for URECC members.

Members receiving a capital credit retirement totaling at least $15 can expect to see a bill credit on their November bill. If your amount is less than $15, it will be carried over to a future retirement until it reaches the minimum amount.

This year URECC was able to save our members an amount well over $16,000 by crediting members their portion of the retired capital credits to their bill instead of processing and mailing checks. With the capital credits applied to your November electric bill, you will see your November bill discounted by the amount you would have seen in an issued check before. This will save well over $16,000 in expenses, helping to keep your bill as low as possible, which is always the goal of URECC.

For more information on this part of the cooperative business, please feel free to contact us at 903-843-2536.

Young woman with grandmother





You can help your neighbors who may get behind on their electric bills due to extreme temperatures during the summer or winter months.


State and private agencies that provide utility assistance are low on funds to help these individuals. You can check one of the boxes downloadable form below and return it to Upshur Rural Electric, PO Box 70, Gilmer, TX 75644.


Money donated by you will be forwarded to the agencies that help Upshur Rural members in the county in which you live. You can make this annual donation by checking
the box on the form indicating your desire to have all future years’ capital credit retirements donated.

If you have any questions or would like more information, please give us a call at 903-843-2536 or contact us through URECC's "Live Chat" option on the website.