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The Cooperative Principles

  1. 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 or religious discrimination.
  2. Democratic Member Control: Cooperatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as 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.
  3. Members Economic Participation: Members contribute equally to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. They 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.
  4. 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.
  5. 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.
  6. Cooperation Among Cooperatives: Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.
  7. 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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News and Information

Co-op Announces Rate Reduction  05.27.2010

Starting in June Lynches River Electric Cooperative members will see a decrease of approximately eight percent in their electric bills.
Click here for the full story.

WIRE Collecting Recipes   05.24.2010

Do you hve family recipes you wuld like to share with the community? Here's your opportunity to do just that by submitting recipes for a new WIRE cookbook.
Click here for the full story.

Power Factor Devices  05.24.2010

Tough economic times and rising power bills understandably motivate consumers to explore money-saving options. It’s no wonder that unscrupulous marketers seize the moment by offering deceptive and ineffective products claiming to lower power bills up to 25 percent.
Click here for the full story.