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BASTROP — Bluebonnet Electric Cooperative will return more than $11 million in capital credits in 2025, an increase of $747,000 over last year.
Bluebonnet’s members will see a reduction on their May electric bill as a result of the capital credits approved by the Board of Directors during its April meeting.
“The continued growth in Bluebonnet’s service area, coupled with our conservative financial management, has allowed us to return record amounts in capital credits to our members,” said Matt Bentke, Bluebonnet’s general manager. “These credits, combined with some of the lowest electric rates in the state, highlight the true value of being a member-owner of Bluebonnet. Members directly benefit from our growth and success.”
The amount each member-owner gets back depends on how much electricity they used in previous years through 2024 and how long they have been a Bluebonnet member.
Current members will see a credit on their May electric bill for their share of this year’s capital credits retirement. Former members who are still owed a capital credit will be mailed a check beginning in May.
When determining how much to return to members, Bluebonnet’s Directors consider the impact on electric rates and the co-op’s financial strength. During the past 10 years, Bluebonnet has returned $76 million to members in capital credits.
“Approving the return of capital credits is one of the most rewarding responsibilities our Board carries on behalf of Bluebonnet’s members,” said Ben Flencher, Bluebonnet’s Board chairman. “Every year, we focus on making investments that not only ensure Bluebonnet’s long-term growth but also benefit the communities and members we serve.”
Bluebonnet Electric Cooperative is one of the largest electric cooperatives in Texas and has been serving its members since 1939.
Bluebonnet serves more than 139,000 meters and owns and maintains 12,800 miles of power lines, located across more than 3,800 square miles within 14 Central Texas counties. Bluebonnet’s service area stretches from Travis County to Washington County, and from Milam County to Gonzales County. For more information about Bluebonnet Electric Cooperative, go to bluebonnet.coop and follow the co-op on Facebook and X/Twitter.
