Cooperative Principles & Values

Our Mission

TCEC commits to safely power our communities with innovation, accountability, and integrity – every member, every time.

Our Values

As a member of Touchstone Energy Cooperatives, TCEC also subscribes to the four core values that are the foundation of service to our members. The four values are:

Innovation

We offer state-of-the-art technology to better serve members with cutting-edge programs. We forge relationships with members through educational events, web conferences, and ongoing communications.

Accountability

Since members own co-ops, they have a say and help chart the course for the business. Every member has an equal voice in running the enterprise. Co-op business is conducted through a locally elected board of directors and an annual meeting where policy is proposed and voted on by members, each having one vote.

Integrity

Members first. Every day. That’s the power of membership. Not for-profit electric cooperatives deliver energy to members at the cost of service, this differs from investor-owned utilities that distribute profits to investors not necessarily to those it serves.

Commitment to Community

We work to improve the quality of life in our communities. We donate time, energy, and resources to charities, schools, and community events and take a leadership role in community development projects.

7 Cooperative Principles

Introduction to the 7 Electric Cooperative Principles Video

Like all cooperatives, Tri-County Electric Cooperative (TCEC) is proud to be guided by the 7 cooperative principles:

1. Open & Voluntary Membership

Membership in a cooperative is open to all people who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender, or economic circumstances.

2. Democratic Member Control

Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Representatives (directors/trustees) are elected among the membership and are accountable to them. In primary cooperatives, members have equal voting rights (one member, one vote); cooperatives at other levels are organized in a democratic manner.

3. Members’ Economic Participation

Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for any or all of the following purposes: developing the cooperative; setting up reserves; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.

4. Autonomy & 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 as well as their unique identity.

5. Education, Training, & Information

Education and training for members, elected representatives (directors/trustees), CEOs, and employees help them effectively contribute to the development of their cooperatives. Communication about the nature and benefits of cooperatives, particularly with the general public and opinion leaders, helps boost cooperative understanding.

6. Cooperation Among Cooperatives

By working together through local, national, regional, and international structures, cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.

7. Concern for Community

Cooperatives work for the sustainable development of their communities through policies supported by the membership.