Adams Electric returns thousands in capital credits to City of Quincy
QUINCY (WGEM) - On Thursday Adams Electric Cooperative, which serves Quincy Regional Airport, returned $4,441.63 in capital credits to the City of Quincy.
According to Adams Electric Cooperative the check for the City of Quincy’s Quincy Regional Airport account was presented by Adams Electric’s General Manager Jim Thompson to Quincy Regional Airport Manager Sandra Shore and Mayor Mike Troup.
Adams said the capital credit refund was part of the cooperative’s recent distribution of about $480,000 in capital credits for the remainder of 1994 and the full year of 1995. Members of cooperatives pay for service at cost and share in the annual margins by earning capital credits.
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