A community is all about sharing, participation and fellowship ... traits that are also used to describe a cooperative. Likewise, the principles of Capital Electric Cooperative embody the meaning of "community." Our organization came into existence because a group of local individuals shared a common need to receive electricity when no existing company was willing to provide electric service to them. These individuals worked together to establish our cooperative.
As a co-op, Capital is owned by those that we serve - our member-owners. Our board of directors is made up of people who live and work in our community, having been elected by the members of the cooperative themselves-not an unknown stockholder in another part of the country. Because each member is also an owner, he or she has the right to vote on directors and bylaw changes, and have their voices heard at the annual meeting.
Capital strives to be an active participant in the area it serves. We encourage our employees, directors and members to take an active role in our community. The cooperative sponsors many programs and services to better our community, including Operation Roundup, Scholarship and Youth Tour sponsorships, and ERC Loans. Capital has also returned millions of dollars back to the local community by paying back margins to our members in the form of Capital Credits. Most importantly, Capital provides reliable and affordable energy to our members' homes or places of business.