|
Cooperative Principles
|
Firelands Electric operates in accordance with these seven Cooperative Principles:
- Voluntary And Open Membership - Cooperatives are open to all persons able to use their services and willing to accept the responsibilities of membership.
- Democratic Member Control
Cooperatives are controlled by their members, who actively participate in setting policies and making decisions. Members have equal voting rights – one member, one vote.
- Members' Economic Participation
Members contribute equally to the capital of their cooperative. Surpluses are allocated to the benefit of members in proportion to their transactions with the cooperative.
- Autonomy And Independence
Cooperatives are autonomous, self-help organizations controlled by their members.
- Education, Training and Information
Cooperatives provide education and training to their members, and inform the general public about the nature and benefits of cooperation.
- Cooperation Among Cooperatives
Cooperatives serve their members most effectively by working together through local, national, regional and international structures.
- Concern For Community
Cooperatives work for the sustainable development of their communities through policies accepted by their members.
|
|
 |
