Electric cooperatives are private 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.
Today more than 900 electric cooperatives provide reliable and technologically advanced service to 40 million Americans while maintaining a consumer-focused approach to business.
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.