7 Cooperative Principles

Piedmont Electric is committed to the well-being of our members. As a co-op, we are committed to seven principles that guide us as we provide the highest-quality service.

 

Seven Cooperative Principles

1. 1. Voluntary and Open Membership
      You have choices about where you choose to live. We’re proud that you chose one of our communities.
   2. Democratic Member Control
      Our board of directors is made up of and elected by our members. Each member has a voice in running the co-op.
   3. Members’ Economic Participation 
      Co-ops are not-for-profit utilities, so when we collect more money than it costs us to provide power in a year, we return that money to members as capital credits.
   4. Autonomy and Independence
      Piedmont Electric is owned and run by our members, which allows us the freedom to provide the types and level of service our members desire.
   5. Education Training and Information
      We empower our members by providing information and expertise, so they can make informed decisions about their energy use.
   6. Cooperation Among Cooperatives
      Piedmont Electric is a member of the Touchstone Energy network of co-ops, which provides ideas and assistance when called upon.
   7. Concern for Community
      We work to ensure that our communities continue to be a good place to live, work and raise a family.