The Seven Cooperative Principles
1) Voluntary and Open Membership
Membership is open to all persons who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender, or economic circumstances.
2) Democratic Member Control
Cooperatives are democratic organizations controlled by their members. Representatives are elected from among the membership and are accountable to the membership.
3) Members’ Economic Participation
Each Member is also an owner and builds equity in the co-op every time they purchase electricity.
4) Autonomy and Independence
Cooperatives are self-help organizations controlled by and accountable to their members.
5) Education, Training, and Information
Cooperatives communicate and educate members to help them contribute effectively to the development of their cooperatives. They inform the general public, particularly young people and opinion leaders, about the nature and benefits of cooperation.
6) Cooperation Among Cooperatives
By working together through local, national, regional, and international structures, cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.
7) Concern for Community
Cooperatives work for the sustainable development of their communities through policies supported by the membership.