About Tri-County REC

Capital Credits explained in detail

One of 13 Electric Cooperatives in Pennsylvania

Tri-County REC is a consumer-owned, non-profit electric cooperative. In 1936 few people in this area had electric service.  Almost everyone wanted electricity, but the cost was out of reach.

The government, through the Rural Electric Act of 1936, offered to lend money to electrify rural America.  Many of your neighbors began working together, and in November 1936 Tri-County Rural Electric Cooperative was organized.  Those members established the headquarters in Mansfield and hired people to build and operate the system.

A lot has changed since the 1930's but the basic principles are still there.  Members elect directors to represent them.  Directors set policies, approve budgets and rates, review operations and hire the general manager. 

The co-op always has and always will provide electric service at the lowest possible cost to members.  As a non-profit cooperative, margins remaining at the end of the year are allocated to members. When these margins are paid back to the members they are called Capital Credits.