What is an electric cooperative?

• Electric cooperatives are privately owned businesses established
to supply electricity to their member-owners.

• Electric co-ops are owned by the people who use the power the co-op provides.
Its customers are also its owners.

• Electric co-ops operate on a not-for-profit basis, with excess margins returned
to the consumer either in the form of patronage capital or in stable rates.

• Electric co-ops are governed by a board of directors
elected from among the membership.

• Any member may run for the board and all members
are asked to participate in an annual membership meeting at which board
members are elected.

• Electric co-ops adhere to the seven guiding principles of all cooperatives:
Voluntary and open membership, democratic member control,
member economic participation, autonomy and independence, education,
training and information, cooperation among cooperatives and concern for community.

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Association of Missouri Electric Cooperatives
2722 East McCarty Street, P.O. Box 1645
Jefferson City, Missouri 65102
(573) 635-6857

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