MILLIONS IN LCEC EQUITY RETIRED THIS YEAR

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The LCEC board of trustees has approved a $14.6 million 2018 equity allocation. In addition, an $11.9 million equity retirement was approved, putting those funds back in the pockets of active and inactive electric cooperative members. This amount includes an $8.1 million return of equity to inactive customers with memberships that have been closed since 2011, […]

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