Home > Your Cooperative > Seven Cooperative Principles

Seven Cooperative Principles

All Cooperatives Function with these Seven Guiding Principles:

1. 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. 

2. Democratic Member Control:

Cooperatives are democratic organizations controlled by their member-owners, who actively participate in setting policies and making decisions.

3. Member-Owners' Economic Participation:

Member-owners contribute equitable to, and democratically control, the capital of their cooperative.

4. Autonomy and Independence:

Cooperatives are autonomous, self-help organizations controlled by their member-owners.

5. Education, Training, and Information:

Cooperatives provide education and training for their member-owners, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives.

6. Cooperation Among Cooperatives:

Cooperatives serve their member-owners most effectively and strengthen the cooperative movement by working together.

7. Concern for Community:

While focusing on member needs, cooperatives work for the sustainable development of their communities.

© 2016 Shenandoah Valley Electric Cooperative. All Rights Reserved.

This institution is an equal opportunity provider and employer. SVEC supports our armed services and veterans in employment opportunities.
Site Map

Web Design by BlueKey in Harrisonburg, VA