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Seven Cooperative Principles

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  4. Seven Cooperative Principles

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.

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.

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.

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.

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.

Cooperation Among Cooperatives

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

Concern for Community

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

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Clark County REMC

Address:
7810 State Road 60
Sellersburg, IN 47172

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Office Hours

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Phone Numbers

phoneOffice: (812) 246-3316

phoneToll Free: (800) 462-6988

phonePhone Payments: (877) 484-4042

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©2022 Clark County REMC. All Rights Reserved.

  • Home
  • Members
    • New Member Information
      • New Service
      • Building a Home
    • Payment & Billing Options
      • Payment Methods
      • SmartHub Frequently Asked Questions
      • Need Help Paying Your Bill?
      • Prepaid Electric Service
    • SmartHub
    • Rates
    • Facility Rentals
    • Capital Credits
    • Security Lights
    • Medical Alert Program
    • Commercial Services
    • Lend a Hand
    • About Us
      • General Info
        • Contact Us
        • Board of Directors
          • Meeting Dates & Minutes
          • Financial Statements
        • Bylaws
        • Seven Cooperative Principles
        • Employment Opportunities
        • Indiana Renewables
      • Annual Meeting
  • Saving Money
    • Rebates
      • Electric Outdoor Equipment Rebate
      • HVAC Rebates
      • Water Heaters
      • Commercial Rebates
    • Co-op Connections Card
    • 101 Ways to Save Energy and Money
    • Together We Save
    • Why Electrify
  • Community
    • Publications
    • Holiday World Tickets 2022
    • Register to Win Louisville Bats Tickets
    • Solar & EV Seminars
    • Youth Programs
      • Calendar Art Contest
      • Page Day
      • College Scholarships
      • Camp Kilowatt
      • Youth Power & Hope Award
      • Youth Tour to Washington, D.C.
  • Safety
    • Outages
      • Report an Outage
      • Text Alerts
      • View Live Outage Map
      • Outage Checklist
      • Blackouts
    • Call Before You Dig
    • Kids Safety
    • Vegetation Management
    • Safe Electricity
    • Generator Safety
  • Solar Power
    • Understanding Solar
    • My Solar
      • Frequently Asked Questions
      • Terms and Conditions
  • Electric Vehicles
    • Electric Vehicles
    • Choose EV