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  • COOPERATIVE
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  • COMMUNITY
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      • Energy Explorer Day Camp
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      • Youth Tour To Washington, D.C.
    • Community Room Rental
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  • EMERGING TECHNOLOGIES
    • Solar Energy
    • Electric Vehicles
      • Cooperative Charge FAQ

Cooperative Principles

Cooperatives operate according to a core set of principles. These principles, along with the purpose of improving the quality of life for their members, make electric co-ops different from other electric utilities.

1 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, without gender, social, racial, political or religious discrimination.
 

2 Democratic Member Control

Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. The elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote) and cooperatives at other levels are organized in a democratic manner.
 

3 Members’ Economic Participation

Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative, and supporting other activities approved by the membership.
 

4 Autonomy and Independence

Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
 

5 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. They inform the general public, particularly young people and opinion leaders, about the nature and benefits of cooperation.
 

6 Cooperation Among Cooperatives

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.
 

7 Concern for Community

While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.

Principles

 

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South Central Indiana REMC 
300 Morton Avenue
Martinsville, IN 46151
Toll-free: (800) 264-REMC (7362)
Local: (765) 342-3344

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©2022 South Central Indiana REMC. All Rights Reserved.

  • COOPERATIVE
    • About Us
    • Contact Us
    • Board of Directors
      • About - Board of Directors
      • Meet the Board of Directors
      • Board of Director Meetings Minutes
      • Districts Map
      • SCI REMC Bylaws
    • Cooperative Principles
    • Co-Op Owners For Political Action
    • Newsletter
    • Careers
  • MEMBER SERVICES
    • New Members
    • Connect/Disconnect/Transfer Service
    • Payment & Billing Options
      • Ways to Pay
      • Prepaid Electric
    • Energy Assistance
    • Rates
    • Billing Cycles & Meter Reading
    • Capital Credits
    • Outage Information
    • TextPower
    • Wiring Manuals
    • Safety
  • COMMUNITY
    • Operation RoundUp
    • Youth Programs
      • Energy Explorer Day Camp
      • Page Day at the Statehouse
      • Youth Tour To Washington, D.C.
    • Community Room Rental
    • Live Line Demonstration
    • John D. Rudd Memorial Scholarship
    • Energy Explorers
  • SAVINGS
    • Energy Audit
    • Heat Pumps & Geothermals
    • Lighting/LED
    • Rebates and Credits
  • SCI FIBER
    • Internet
    • Residential Internet
    • Business Internet
  • VEGETATION
    • About Vegetation Management
    • Planting Guidelines
    • Tree Replacement
    • Wildlife Enhancement Program
    • Wood Chip Request
  • EMERGING TECHNOLOGIES
    • Solar Energy
    • Electric Vehicles
      • Cooperative Charge FAQ