SWEPCO Sending Out Refund Checks to Former BREMCO Members

Nearly half a million dollars is being refunded this month to former members of the Bossier Rural Electric Membership Corporation and their heirs, Public Service Commissioner Foster Campbell announced today.
“These payments begin to close the books on the 55-year history of BREMCO,” Campbell said.
AEP SWEPCO, which bought BREMCO in 1993, is mailing 4,971 refund checks totaling $494,170.  The average payment to a residential member is $52.
Campbell asked SWEPCO earlier this year to aggressively seek out former BREMCO members and their heirs to return more than $1.6 million in unrefunded capital credits.  The credits represent revenues collected by the co-op in profitable years over and above the cost of providing electric service.
These revenues were allocated back to co-op members based on the amount of electricity they used during their membership and the co-op’s profitability during that time.  In some years BREMCO suffered losses and generated no capital credits.
BREMCO’s bylaws stated that the credits could only be paid to heirs of former members.  Learning earlier this year that $1.6 million was unrefunded, Campbell asked SWEPCO to actively solicit claims for the money.  With SWEPCO’s cooperation, Campbell also passed a Public Service Commission order authorizing the company to pay credits to living former members as well as heirs.
The PSC order was issued in November.  This month, SWEPCO will begin processing the refund checks, including living former members for the first time.
“Like Commissioner Campbell, we are anxious that the BREMCO refunds be paid to their rightful owners,” said Nick Akins, SWEPCO president.  “We have received numerous calls from former BREMCO members, and now the checks are going out.”
Akins and Campbell stressed that SWEPCO will continue processing claims for credits from former BREMCO members and heirs.
“We urge any former co-op member or heir who has not filed a claim to do so immediately,” Campbell said.
BREMCO was founded in 1938.  At the time of its buyout by SWEPCO in 1993, the co-op provided electricity to approximately 12,000 members in rural Bossier, Webster, Red River and Bienville parishes.  Since the 1993 buyout, SWEPCO had been paying the credits as BREMCO heirs submitted applications.
Earlier this year, Campbell and SWEPCO cooperated in a public-education effort to alert co-op members and heirs to the existence of the credits and solicit claims on the money.  The effort included bill inserts and paid advertising.
Former BREMCO members and their heirs may contact SWEPCO’s customer solutions center at 1-866-789-8902 for more information on the BREMCO capital credits.

Scott McCloud
Communications Consultant

More From APCO

Take Charge

Save Money & Energy - Now & Later

Sign Up Now Pay Online for Free with Paperless Billing

Pay Online for Free with Paperless Billing

Learn more

Download our app

How We Restore Power Learn more

How We Restore Power

Visit AEP.com
Use of this site constitutes acceptance of the AEP Terms and Conditions. View our Privacy Policy. © 1996-2019 American Electric Power. All Rights Reserved.

Privacy Policy

Privacy Policy for Appalachian Power, a unit of American Electric Power (AEP)


This Privacy Policy applies only to AppalachianPower.com and the Appalachian Power customer mobile app (com.aep.customerapp.apco). Other AEP websites and apps may be governed by their own privacy policies, appropriate to the uses and needs of each. Throughout the site or app, we may provide links to resources and sites that are not part of AppalachianPower.com or the Appalachian Power customer mobile app. This Privacy Policy does not apply to those resources and sites.


By using this site or app, you consent to the terms of this Privacy Policy. Whenever you submit information via this site or app, you agree to the collection, use, and disclosure of that information in accordance with this Privacy Policy.

Information Collected

  1. Passively collected information

    During your use of this site or app, we may collect anonymous information about your visit here through the use of server logs, cookies, scripts, tracking pixels and other Web traffic tracking systems. This information is aggregated and used to improve user experience through analysis of user activities. This information is never combined with any of the personally identifiable information you may provide in your use of the features of this site or app.
  2. Personally identifiable information

    On certain forms of this site or app, you may be asked to provide information about yourself or your account with us, either to identify yourself to us or to request a service from us. In each case, we will inform you what information is provided at your option and what information is required to complete the transaction or activity you are engaged in. If you are unwilling to provide this required information, you will be unable to complete the requested transaction.

Use and disclosure of information

The information you provide to us will be used to respond to requests you may make for services. Some or all of this information may be added to your permanent account record and may be used for research purposes.

In addition, we may use elements of this information in the following situations:

  1. We may transfer the information to Appalachian Power’s affiliates and subsidiaries, unless such transfer is prohibited by law;
  2. We may transfer the information as part of a merger, consolidation, acquisition, divestiture or other corporate restructuring (including bankruptcy);
  3. We may make the information available to third parties who are providing the product, service or information that you have requested (but not your password);
  4. We may make such information available to third parties who are providing services to Appalachian Power (for example, providing the information to third parties performing computer-related services for Appalachian Power);
  5. We may use the information to communicate with you about products and services that may be of interest to you.
  6. We may disclose the information if we form a good-faith belief that disclosure of such information is necessary to investigate, prevent, or take action regarding any illegal activities or regarding interference with the operation of our site or violation of its terms of use; or
  7. We may disclose the information if we believe that disclosure is required by law or regulation or in response to a subpoena or other order of a court or other governmental agency.

Appalachian Power uses Flurry Analytics Service (provided by Yahoo) in order to improve its mobile apps. Flurry’s privacy policy governs the use of this information.

Also, Appalachian Power reserves the right to share any aggregated information (i.e., non-personally identifiable information) with any third parties for any reason, unless prohibited by law.

We will not sell, rent or otherwise disclose the information we gather about you or your account to any third party, except as outlined in this Privacy Policy.


Appalachian Power takes reasonable steps to protect your personally identifiable information as it is transferred to us, through the use of Web technologies such as the Secure Sockets Layer and others. However, no Internet transmission of information is ever completely secure or error-free. In particular, e-mail sent to or from Appalachian Power may not be secure.

How to Reach Us

If you would like to update your personally identifiable information or if you have questions about this privacy policy, please contact us.

Changes to This Policy

Appalachian Power reserves the right to change this Privacy Policy at any time. If this Privacy Policy changes, the revised policy will be posted to this site. Please review this Privacy Policy before you provide any personally identifiable information through this site. Use of our web site after the posting of a revised privacy policy constitutes your consent to the revised policy.

This policy was last revised on December 13, 2017.

Close ×

Sign Up For Alerts

Subscribing to APCO alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Win an Xbox One with Alerts!

Enroll in alerts to be eligible to win. Subscribing to I&M alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Loading video...