What is a Cooperative?

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Cooperatives are based upon principles (seven, to be exact). A cooperative must be open for anyone to join. Every customer, we like to call you member-owners, retains one voice, one vote. Electric cooperatives hold member business meetings annually, allowing members to elect fellow member-owners to guide the cooperative and have a say in how their utility is run.

The Cooperative Difference

  • Locally owned & operated – MVEC is owned and operated by our member-owners (customers) and focuses on your needs and local priorities.
  • Member-owners are first – Members know they can trust their electric cooperative, because it was created not to make a profit, but simply to provide reliable electricity and service and affordable rates. Our goal is to exceed your expectations.
  • Responsive to local needs – MVEC works hard to achieve a better quality of life and higher level of service for our member-owners.

Seven Cooperative Principles

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