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Does Kenergy owe you money? Search our database

Zach Evans
Don't let fees cost you thousands of dollars.

Kenergy has $7.7 million in unclaimed money. Are you owed anything?

The Henderson Gleaner built a searchable database featuring 15,000 names of people who are owed at least $100 or more by Kenergy for retired capital credits in the last several decades.

But there are more than 60,000 others who are owed less than $100. On average, Kenergy owes people in that category $19.05. 

Anyone on this list would most likely not be a current Kenergy member but was one at some point in time. Almost all would be someone who moved out of the area and didn't provide an updated address or died.

Current members would see the returned money on their bill in the form of credit. In June, the electric co-op returned $4 million to its members, and in the last five years, Kenergy returned $17 million to current and former members.

How to claim your money.

1. If you were a former member who is owed money, then call the Kenergy member service line (1-800-844-4832) to get the process started. It's easier and quicker if you have an old bill with your account number. 

2. If you're an heir to a deceased member's estate, it's going to be trickier. "It can be cumbersome to the point where you have to ask is $19 worth going through the will process," Heavrin said. But they'll work with anyone who calls in, he said.

Since the co-op is not a for-profit private utility, like, say, Vectren across the river, the organization is run at-cost, so any leftover revenue is returned to members in proportion to how much the member paid in over the year if finances permit. It doesn't happen every year, but capital credits were returned every year for the last five years.

Any former members that provided an updated mailing address should have also received a check in the mail around the same time.

Kenergy spokesman Kyle Heavrin said the co-op lets the public know about the money through the monthly newsletter that's attached to bills. But larger campaigns to find old members who are owed money wouldn't be a good investment.

"It's really hard to justify spending a lot of money on a campaign for that," Heavrin said.

Kenergy keeps a list of 15,000 or so who are owed $100 or more on its website. The Gleaner requested a list of the remaining customers to share with the public.

If not claimed, the money stays with Kenergy. It's a part of the utility's permanent equity, he said. 

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