Choptank Electric Cooperative - About Us
 
ABOUT US



 
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Our Mission Statement


Choptank Electric Cooperative exists to provide reliable and cost effective electricity that improves the quality of life for our member-owners. We are committed to service excellence guided by the Seven Cooperative Principles.

What are the Seven Cooperative Principles?
  1. Voluntary And Open Membership: Membership in a cooperative is available to all who can reasonably use its services, regardless of race, religion, sex, or economic circumstances.
  2. Democratic Member Control: Co-ops are democratically controlled, with each member having one vote. As a result, control remains in the hands of all customers. Directors are elected from the membership.
  3. Members' Economic Participation: Cooperatives provide services "at cost" and remain not-for-profit regardless of the value of benefits delivered. Any money left over after all expenses are paid-margins-belongs to the members. Each member's share in the margin is determined by the amount of his or her use of the co-op's services.
  4. Autonomy and Independence: Cooperatives are self-sustaining, self-help organizations controlled by their members. If cooperatives enter into agreements with others or raise money from outside sources, they do so on terms that maintain democratic control as well as their unique identity.
  5. Education, Training, and Information: Keeping members, directors, managers, and employees up to date on issues so they can effectively govern the co-op. Communication, particularly with young members and opinion leaders, helps generate necessary public support for cooperatives.
  6. Cooperation Among Cooperatives: Mutual support helps cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.
  7. Concern For Community: Cooperatives develop communities with programs supported by the membership.





Choptank Electric Cooperative, Inc., P.O. Box 430, Denton MD 21629 Toll Free: 877-892-0001


Copyright © 1997-2014, Choptank Electric Cooperative Inc., All Rights Reserved