Current members will see a credit on their May electric bill

Bluebonnet Electric Cooperative will return $11.9 million in capital credits in 2026, an increase of $778,000 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.

“This year will mark the most Bluebonnet has ever returned to its members in capital credits,” said Matt Bentke, Bluebonnet’s general manager. “Our successful financial management and the extraordinary growth in Bluebonnet’s service area has enabled us to return record amounts in capital credits to our members during the past several years. These credits, combined with some of the lowest electric rates in the state provide true value and directly benefit Bluebonnet’s member-owners.”

The amount each member-owner gets back depends on how much electricity they used in previous years through 2025 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 to electric rates and the co-op’s financial strength. During the past 10 years, Bluebonnet has returned $78.59 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.”

Learn more about capital credits.

SCAM ALERT! Bluebonnet Electric Cooperative members have reported a recent increase in attempted phone scams.

These fraudulent activities include scammers posing as Bluebonnet employees demanding access to members’ property to inspect electric meters or review spikes in electricity use.

In recent reports, callers using a 210-area code claimed they needed to audit meters or check usage due to a spike in electricity use in the area. Members reported the callers were attempting to schedule visits to and insisting on access to their property.

Bluebonnet may audit or test meters at a member’s request or replace meters as part of normal operations. However, these visits and maintenance are scheduled days or weeks in advance. Bluebonnet does not pressure members or insist on immediate access to their property for routine scheduled maintenance.

Members can verify and monitor their accounts for spikes in energy use through the MyBluebonnet app or their MyBluebonnet account at bluebonnet.coop. If a call or offer sounds too good to be true, it probably is.

Members who receive suspicious calls should gather as much information as possible, including caller ID details, and report the activity to local law enforcement and Bluebonnet member services at 800-842-7708. Tips for spotting scam attempts are available at bluebonnet.coop/scams.