Electric cooperatives are non-profit organizations owned by the members we serve. Every year, any profits from the operation of the business are credited back to our members, and are called capital credits.
Petit Jean keeps a record of the amount of money each customer is due, and each year we send a notice to our customers to let them know the amount they earned. The overage above the costs for operation is allocated back to our members based on how much energy they used in that year.
Petit Jean's member-elected Board of Directors determines the schedule for repaying capital credits. Many times, customers have moved away from the area, and we have a difficult time locating them. It is very important for former members to keep us informed of their current address so they will receive their checks.
Should you have questions, please do not hesitate to contact Petit Jean Electric at 501-745-2493 (Clinton) or 870-448-3477 (Marshall).