An electric cooperative is a private, not-for-profit company whose purpose is to safely deliver electricity to its consumers or members at the most affordable price possible. As a cooperative, we must fulfill two requirements, including reinvesting revenue into our service area communities through stable rates and infrastructure or returning it to members through capital credits, as well as operating using a model of democracy.
Member-owned and operated
Because electric cooperatives are member-owned and operated, the democratic process allows members a vote in annual cooperative board elections in which elected trustees are nominated from among the members. Cooperatives also encourage members to voice their thoughts and ideas within the cooperative. Members maintain equal status and work together for the good of the community and adhere to the seven guiding principles.
Cooperative principles