Members Receive $7.5 Million In Capital Credits From HTC

capital credit refundCooperative Distributes Refund as Part of 2006 and 2021 Allocations

September 12, 2023, Conway, S.C., – HTC, the area’s largest fiber internet provider, today announced the 2023 Capital Credits distribution of $7.5 million to cooperative members will be distributed throughout the month of September.

Since 1979, HTC has refunded $174 million to members and this year’s refund represents portions of the 2006 and 2021 allocations. The amount disbursed to each member is based on the total amount members spent on qualifying services in the previous years noted.  For distribution, if a member’s refund is $50.01 or more, a check will be mailed. If the refund is $50 or less, it will be applied to the member’s monthly bill.

“As a cooperative, HTC sets itself apart from other communications providers because we have members, not customers,” said Carlton Lewis, HTC Chief Executive Officer. “One of the benefits of membership is Capital Credits and this year’s distribution is a continuation of members receiving those benefits. We appreciate everyone who is a part of HTC and look forward to another year of prosperity.” 

To learn more about Capital Credits, and HTC membership, visit https://www.htcinc.net/about/membership/capital-credits/.

About HTC

HTC is the largest telecommunications cooperative in the United States. Celebrating more than 70 years as the local leader in communications, HTC provides services in Horry, Georgetown and Marion counties. Utilizing the area’s most extensive fiber optic network, HTC service offerings include: Internet; Video; Security; Mobile; and Voice. HTC also offers advanced business services, including: Internet; Voice and Hosted Voice Solutions; IT Solutions such as Wi-Fi, Data Backup & Recovery and Firewalls; and Business Security. To learn more about HTC, visit www.htcinc.net. For additional information about HTC, or becoming a member, call 843-365-2154.

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