Talking Points | May 2016
Electric cooperatives are member-owned and not-for-profit.
Electric cooperatives are owned by the consumers they serve. These consumers are members of the cooperative. Co-ops provide cost-based power to their members.
Electric cooperatives are member-regulated.
Co-op members elect a board of directors who oversee the activities of the cooperative, including rates, establishing policies and procedures and approving budgets. Co-ops are further regulated by the Tennessee Valley Authority, their power supplier and an agency of the federal government.
A co-op member can seek a nomination to the board of directors.
[Provide information on your co-op’s nomination and/or petition process, including dates.]
All co-op members are encouraged to vote in the annual board election.
[Provide information on your co-op’s election, including dates.]
Tennessee co-ops are private corporations.
Co-ops are not subject to sunshine laws or open records requirements.