REPORT OUTAGES: 1-800-NEC-WATT (800-632-9288)
WHAT IS AN ELECTRIC COOPERATIVE?
What is an Electric Cooperative?
- Non-profit electric utilities
- Owned by members they serve
- Established to provide at-cost electricity
- Governed by a Board of Directors
- Serve an estimated 42 million people in 47 states
- Employ an estimated 70,000 people in the U.S.
All Co-ops Follow 7 Cooperative Principles:
- Voluntary and Open Membership
- Democratic Member Control
- Members' Economic Participation
- Autonomy and Independence
- Education, Training and Information
- Cooperation Among Cooperatives