Mid-Ohio Energy Cooperative is an electric cooperative formed by those we serve to bring safe, affordable, and reliable electricity to better the lives of our members and communities. We are a member-owned electric distribution cooperative with headquarters in Kenton, Ohio, responsible for 1,335 miles of line and serving nearly 8,200 meters. The Cooperative has two offices (located in Kenton and Marion) and serves members in parts of 10 counties: Marion, Hardin, Allen, Morrow, Wyandot, Crawford, Union, Auglaize, Logan and Hancock. Being a cooperative member distinguishes you from other electric utilities. We're local and belong to the communities we serve. Our nine-member Board of Trustees is elected by the membership. In true cooperative fashion, excess revenues are paid back to the membership in the form of capital credits. The cooperative's Annual Meeting of Members is held in each year in April.
COOPERATIVE PRINCIPLES
- 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.
- 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 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.
- 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.
- 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.
- Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
- While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.
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