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7 COOPERATIVE PRINCIPLES
from Member Guidebook
by ButlerRural
Cooperatives follow these principles, which guide us to operate differently from other electric utilities.
Voluntary and Open Membership
Membership in a co-op is open to anyone who can reasonably use its services and is willing to accept the responsibilities of membership.
Democratic Member Control
Co-ops are democratic organizations controlled by their members, who set policies and make decisions. Board members are elected from the membership and are accountable to members. Each member has one vote.
Members’ Economic Participation
Members contribute equitably to the capital of the coop. Co-ops provide services at cost and are not-for-profit organizations. Members benefit in proportion to their transactions with the co-op in the form of capital credits.
Autonomy and Independence
Co-ops are autonomous organizations controlled by their members. If we enter into agreements with other organizations, we do so on terms that ensure democratic control and our unique identity.
Education, Training, and Information
We educate and train members, board members, and employees so they can contribute to the co-op.
Cooperation Among Cooperatives
By working together through local, national, regional, and international structures, co-ops improve services, bolster local economies, and respond to social and community needs.
Concern for Community
Co-ops work for the sustainable development of their communities through policies supported by members.
