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Plugged in: Why does Walton EMC ask for a forwarding address?

Q: Why does Walton EMC ask for a forwarding address if I move off co-op lines?

A: That’s a timely question since this issue of the Realite includes an announcement about this year’s capital credits distribution. As a cooperative, Walton EMC operates on a not-for-profit basis. Any excess revenues, known as capital credits, are refunded to you based on the amount of money you spent with the co-op. These capital credits are held on account — sometimes for a few years — until Walton EMC’s financial condition permits a distribution. These refunds are returned as a credit on the power bill of current co-op customer-owners. For those no longer living along co-op lines, a check is mailed to your forwarded address. If that address isn’t current, and we are unsuccessful in locating you, the unclaimed capital credit refund goes into a scholarship fund provided for by Georgia law. A forwarding address is also required to refund deposits when service is discontinued.

Featured Articles:

  • 2022 Capital Credit Refund
  • Where Holiday Memories Grow

    Those living in and around Oconee County know that finding the perfect Christmas tree involves driving southwest of Watkinsville along Old Bishop Road to Greenbriar Creek Tree Farm. For nearly 20 years, Walter and Delores Lee have been welcoming families to their farm to choose and cut their own fresh tree. “We’ve been having some […]
  • Holidays, the Co-op Way

      Stressed out while searching for ideal gifts to please family and friends? Along Walton EMC’s lines there are many businesses offering products and services sure to please those on your list. Here are some of our top picks. PALETTE PLEASERS Stone Mountain Pecan Company, Monroe stonemountainpecan.com This family-owned store has you covered with pecans, dried fruits, candy […]
  • December 2022 Unclaimed Refunds

    Take a look at these Walton EMC customer-owners who discontinued service. We mailed refunds of deposits and/or membership fees, but the Post Office returned them. If you know someone on this list, please have them contact us at 770-267-2505. Aaron, Donald; Abrego, Pedro; Alfa One Emissions; Anau, LLC; Andrade, Martir; Assan, Pascual; Atlanta Rightway Realty, LLC; Atlas Capital, […]
  • 2023 Walton EMC Trust Scholarship

    BASIC QUALIFICATIONS: • High school senior or incoming college freshman • 21 years old or younger • Your home served by Walton EMC (electricity) • Scholarship used at accredited college, university or vo-tech school • Complete criteria, rules and instructions on the application WE’RE LOOKING FOR: • Community involvement • Strong work ethic • Success […]