Capital Credits

2021 Capital Credit Notice

BSU is a member-owned not-for-profit cooperative. Each year, revenue remaining after paying expenses, debt service, capital improvements and reserves is allocated to our members as capital credits. A member’s credit is based on their service payments for the year in proportion to all member service payments. In 2021, all revenue was used to pay expenses and reinvest in utility assets. Therefore, no capital credits were allocated.

Request a Capital Credit Statement
or call Customer Service (239-992-0711) for assistance.

As a member-owned, not-for-profit cooperative, our members are eligible to earn capital credits.

Each year, any revenue remaining after expenses, debt service, system renewal and replacement and other capital improvement funding, as well as accounting for depreciation and reserves, is allocated to members as capital credits.

Current members are notified each year if a capital credit allocation has been made. Years in which revenue has been fully committed to utility operations, no capital credits are allocated to members.

$11.1M in capital credits have been retired

A member’s capital credit is calculated based on their service payments for the year in proportion to all member service payments for the year.

Each year the Board of Directors determines whether to retire capital credits based on the financial condition and needs of the utility. Capital credits are retired in chronological order, according to Company Bylaws. Current members receive a credit on their utility bill and former members are mailed a check.


At the end of the year, Company revenue may exceed expenses. This excess revenue is called the net margin and is allocated to members as capital credits. The allocation is based on a member’s service payments for that year as a percentage of all utility revenue.


Retirement is the process of paying out capital credits to members.