Owned by Those Serve
By simply signing your membership application and paying your security deposit, you become a member/owner of this non profit electric cooperative.
WHAT IS DIFFERENT ABOUT A COOPERATIVE? - A nine member board of trustees, elected for three year terms, determines Vigilante Electric Cooperative’s policies and procedures. They are members of the cooperative, not employees, and are your voice in establishing the policies and procedures of your cooperative.
V.E.C. IS ACCOUNTABLE TO YOU - Each year all members receive invitations to the cooperative annual meeting. The annual meeting, which is usually the last Friday in February, or first Friday in March, gives the membership the opportunity to hear about the cooperative’s financial status and topics that could affect the organization’s future. The annual meeting also allows the membership to elect its representatives to the board of trustees. We strongly encourage all members to attend the annual meeting.
A NON-PROFIT BUSINESS - V.E.C. is a non profit corporation. Any funds collected above the cost of doing business are annually assigned to our members in the form of capital credits. We periodically refund capital credits when financial conditions of the cooperative permit. Following each year that you purchase electricity, a statement will be mailed to you concerning your capital credits.
DEMOCRATIC FORM OF BUSINESS - In a cooperative, each member has an equal vote. When board members are elected or bylaws are changed, everyone has the right to voice their opinions and cast their vote. By becoming involved in your cooperative, you insure its stability and continued existence.
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