Navasota Valley Electric Cooperative, Inc2281 E US HWY 79, Franklin, Texas, United States
Since Dec, 2016
Navasota Valley Electric Cooperative was incorporated in 1941 to provide electricity to rural areas of central Texas. NVEC serves 13,000 members over 5,600 miles of line across Robertson, Leon, Freestone, Limestone, Brazos, Falls, Madison, Hill and McLennan counties.
Our Cooperative
By the decade of the 1930s, most urban areas of the United States, Texas included, had enjoyed electric service for 50 years, but beyond the city limits, there was darkness. It was simply not profitable for private power companies to provide service to sparsely populated rural areas, which meant that farm and ranch wives were still cooking on wood stoves, children were doing homework by the dim light of coal-oil lamps and family members were pumping water by hand, just as they had done for centuries.
Farmers and ranchers decided that if they were going to get the power they needed, they would have to take action themselves. They organized local cooperatives to provide local, consumer-owned electric service. The impact on rural quality of life was electrifying, to be sure; it was even greater than anyone had dreamed.
Electric cooperatives are different from other power providers. As cooperatives, they are tax-paying, non-profit businesses owned by the consumers they serve. Voluntary organizations, open to all persons who are able to use their services, they also are democratic; their members actively participate in setting policy and making decisions.
Co-op directors are elected by member-consumers. The directors set policies to guide the manager who operates the system with a staff of local employees. As member-owned utilities the distribution systems are self-regulating.
In addition to providing at-cost electric service and other products and services to their member-consumers, electric co-cops adhere to a proud tradition of community service. Members and employees participate in economic development efforts, volunteer and charitable undertakings and numerous other activities that benefit the communities that co-ops serve.
In 1985 Robertson Electric and Limestone County Electric combined forces to form Navasota Valley Electric Cooperative, Inc. Our main goal has always been to provide reliable, affordable power to rural homes and businesses in Central Texas. With the combined workforce, our commitment remains to provide better service and reasonable rates to our member-owners.
We are a non-profit organization and governed locally by a Board of Directors who are members of the Cooperative and whom are elected by its members. Headquartered in Franklin, Texas, NVEC is an electric distribution cooperative providing service to more than 18,000 meters over parts of nine counties.
Cooperative Principles
The Seven Cooperative Principles
All Cooperative Businesses Adhere To These Seven Guiding 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.
Owned By Members
Members are Owners
When you get your power from Navasota Valley, you are more than a customer; you are a member-owner. That’s because Navasota Valley is a non-profit, member-owned cooperative. Co-ops are owned by the people they serve, not shareholders. As a co-op member, you have a voice and a vote. Our board of directors is elected by – and answers to – you, our members.
What does membership mean to you? It means that your co-op management team makes decisions based on direct benefit to members, not profitability. Like private utilities, we use the power of numbers to buy electricity and equipment at the lowest possible price. Unlike them, we pass our savings on to our members. At Navasota Valley, we work for you – and only you.
| Company Name | Navasota Valley Electric Cooperative, Inc |
| Business Category | Electric Power |
| Address | 2281 E US HWY 79 Franklin Texas United States ZIP: 77856 |
| President | Billie Sue Corry |
| Year Established | 1941 |
| Employees | 57 |
| Memberships | NA |
| Hours of Operation | Monday-Friday: 8AM–5PM |
- Electric Power Services
- Member Services