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Our Cooperative Roadmap
The electric industry is progressing rapidly. Our Cooperative Roadmap highlights the co-op's objectives for success now and in the future.
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Rebates & Programs
Members qualify for exclusive rebates and programs. Enroll in a program or apply for rebates on energy efficient electric equipment and appliances.
Fire Mitigation
United Power has a wildfire mitigation plan to protect its members and communities. The plan is continuously evaluated and updated to reduce risk.
Operation Round Up
Operation Round Up is a voluntary way United Power members can give to their communities by having their monthly billing statements rounded up.
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Power Outage
Always let us know if the power goes out at your home or business. Fill out our quick online form or, if you're signed up for alerts, text OUT to XXXXXX. You can also call 303-637-1350. We'll restore power as quickly and safely as possible.
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Downed Power Line
Downed power lines may look harmless, but they could be deadly. Stay away from downed lines, and keep your children and pets away as well. Call our emergency line to report the problem immediately.
To report a downed power line: 303-637-1350
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Accordion - Capital Credit FAQs
When you move into a home or establish a business in the United Power service territory, you become a member of the cooperative.
A capital credit account is established in your name and United Power uses this account to record your investment in the co-op.
Each year, a portion of funds remaining after expenses have been paid (margins) are allocated to your capital credit account based on the amount of electricity you purchased.
Since capital credits are based on the amount of electricity you use, your allocation amount may vary each year. Your annual allocation amount appears on your May bill.
Each year, the Board of Directors carefully evaluates the financial condition of the co-op to determine if we can retire capital credits. Capital credits may not be retired every year.
When capital credits are not retired, they are used as operating capital. This reduces the need for interest-bearing loans, which helps to keep costs down for all members.
When the Board decides to retire capital credits, we calculate the amount we need to pay to each member. Anyone who was a member in the previous year will receive a capital credit refund.
The profits of United Power are allocated to active members every year. Allocation means the funds that you have invested into the cooperative are tracked, but not accessible in the form of cash. The actual distribution of funds, or retirement of capital credits, happens at the discretion of the Board of Directors.
At the end of each year, the Board carefully assesses the financial condition of the cooperative, and determines what amount of capital credits to retire to our members. Capital credits may not be retired every year. If the Board decides to retire capital credits, anyone who was a member in the previous year will receive some type of credit.
Electric utilities are capital intensive businesses requiring large investments in equipment. Like all businesses, United Power must maintain a balance between debt and equity to ensure financial stability. Capital credits are a significant source of equity and help to fund the growth and maintenance of the system.
During periods of fast growth, like what has recently been occurring in United Power’s service territory, a large amount of cash (or equity) is needed to build our system. In order to fund this growth, United Power has to borrow money from banks, re-invest member capital, or in some cases, do both. By re-investing your capital credits, United Power is able to keep rates competitive by reducing the funds that must be borrowed from other sources.
If you move out of our service territory, please keep us informed of your new address so we are sure to contact you regarding future capital credit refunds. To report your current address for future capital credit refunds, please call our Member Services Department at 303-637-1300.
To request a discounted capital credit refund, please complete the following applicable form:
Return all documents to:
United Power
ATTN: Member Services
500 Cooperative Way
Brighton, CO 80603
Please contact our Member Services by e-mail or 303-637-1300 for additional assistance.
When a member passes, the capital credits allocated to the account belong to that member’s estate. For an estate to receive a refund, a relative or representative must provide United Power with:
- Certified death certificate
- Letters testamentary issued by the county court or an executed small estate affidavit, form JDF 999 (if eligible)
- Notarized, signed Consent and Authority (Estate of Deceased)
Return all documents to:
United Power
ATTN: Member Services
500 Cooperative Way
Brighton, CO 80603
Please contact our Member Services by e-mail or 303-637-1300 for additional assistance.
If you have received a check issued to a deceased member, to a joint account after a divorce, or other incorrectly issued checks, please contact our Capital Credit Administrator by e-mail or call 303-637-1300 to have the check re-issued. You may be required to provide proof of identity or legal documents to prove your representation to the estate or account.
Capital credits are a return of money paid for electricity in a previous year and are generally not taxable income for residential consumers—unless the electric bills were deducted for tax purposes. Businesses may be subject to different IRS guidelines. Members should consult a tax professional for questions related to income tax filings—United Power does not provide legal, tax or accounting advice and this information is provided as a courtesy.