Sussex County receives $16K check from Delaware Electric Cooperative

Sussex County Council on Tuesday, March 1, 2016, accepted a check for more than $16,843 from Delaware Electric Cooperative for 'capital credits' -- essentially profits that are returned to member-owners of the utility co-op -- for 1997-1998. Presenting the check to County Council President Michael H. Vincent, right, is DEC President Bill Andrew. The money will return to the County's General Fund.

The credits are a return-on-investment to member-owners of the power system for capital spending that occurred nearly 20 years ago, and are part of a larger, overall rebate of $4.9 million issued to customers of the cooperative.

Delaware Electric Cooperative is a member-owned electric utility serving 84,000 member-owners in Kent and Sussex counties.