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Cooperative Principles

 

 


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Cooperative Principles

 

Electric cooperatives are private, independent electric utilities, owned by the members they serve. Democratically governed businesses, electric cooperatives are organized under the Cooperative or Rochdale Principles, anchoring them firmly in the communities they serve and ensuring that they are closely regulated by their consumers.

 

 

Voluntary and Open Membership
Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership.


Democratic Member Control
Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions.


Members' Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative.


Autonomy and Independence
Cooperatives are autonomous, self-help organizations controlled by their members.


Education, Training and Information
Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperatives.


Cooperation Among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together.


Concern for Community
While focusing on member needs, cooperatives work for the sustainable development of their communities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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