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The Seven Cooperative Principles

The 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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Mt. Wheeler Power

Ely Office (Main Office) 775-289-8981
1600 Great Basin Boulevard
Ely, NV 89301

Eureka Office 775-237-5497
PO Box 346
790 South Monroe
Eureka, NV 89316

About Us

To safely provide our members with electric service at the lowest possible cost, consistent with sound business practices.

 

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  • Home
  • About Us
    • Seven Principles
    • About Touchstone Energy
    • Office Locations
    • The Seven Cooperative Principles
    • Mt Wheeler Power History
    • Service Area
    • Mt. Wheeler Power Districts
    • Cooperative Associations
    • Contact Us
    • Capital Credits Explained
  • Member Services
    • Quick Links
    • Forms
    • New Member Application Info
    • Find it all
    • Together We Save
    • Co-op Connections Card
  • Safety
    • Electrical Safety Checklist
    • Electrical Safety Quiz
    • Outage Tools
    • Report An Outage
    • Storm Center
  • Rates
    • Current Rate Schedule
    • Irrigation Rates
    • Large General Service Rates
    • Residential and Electric Heat Rates
    • All Other Rates
  • Online Bill Pay
  • Community
    • Community Calendar
    • Ruralite Magazine Archive
    • Recent Event Pictures
    • Youth Tour
    • Kids Energy Zone
  • Green Awareness
    • Greenway Program
    • Solar Power
  • Energy Saving Tips
    • Calculate Your Savings
    • Small Changes That Work
  • Board of Directors
    • Mt.Wheeler Power's Board of Directors
    • Upcoming Meeting Agenda
  • Contact Us