01 Oct
October is national cooperative month. CORE and other electric cooperatives offer several benefits to their members. Here are some key advantages:
Member ownership and local control
Members of an electric cooperative are also owners. This means members have a say in the cooperative’s decisions and policies, often through voting rights at annual meetings. Members within each district elect a fellow member to serve a four-year term on CORE’s Board of Directors and represent their interests in CORE business and policies. Information about this year’s elections is at www.CORE.coop > My Cooperative > Leadership > Director Elections.
Not-for-profit
Electric cooperatives operate on a not-for-profit basis. Excess revenue is typically returned to members in the form of capital credits or reinvested in the cooperative to improve services. In the last 10 years, CORE has returned nearly $120 million to our members.
Joint membership
A married account holder has the option with their spouse to establish a joint membership, in which all capital credit allocations for the membership are owned jointly by both parties.
Joint memberships dissolve upon a change in marital status, such as divorce or the passing of one party. Changes to joint memberships can be initiated by contacting CORE. Additional information on capital credits is available at www.CORE.coop > My Account > Capital Credits.
Community focus
CORE maintains a strong focus on community development and support. We offer programs and services that benefit the local community, such as support for local businesses, educational grants and sponsorships of community events.
Reliable service
Electric cooperatives are committed to providing reliable and affordable electricity to their members, and continually invest in infrastructure and technology to ensure a stable and efficient power supply.
To learn more about the benefits of being a CORE member, visit www.CORE.coop.