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  1. Members
  2. Cooperative Principles
Check donation presentation to Wapello FFA Chapter

What is an electric cooperative?

CIPCO joins a nationwide network of electric cooperatives that uphold what are known as cooperative principles. These seven principles serve as an outline for cooperative values and operational guidance. They exist to differentiate electric cooperatives from other electric utilities, putting the needs of our members first.

Voluntary and Open Membership
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Membership in a cooperative is open to all persons who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender or economic circumstances.

Democratic Member Control
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Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Elected representatives (directors/trustees) are elected from among the membership and are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote); cooperatives at other levels are organized in a democratic manner.

Members' Economic Participation
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Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for any or all of the following purposes: developing the cooperative; setting up reserves; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.

Autonomy and Independence
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Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control as well as their unique identity.

Education, Training and Information
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Education and training for members, elected representatives (directors/trustees), CEOs and employees help them effectively contribute to the development of their cooperatives. Communication about the nature and benefits of cooperatives, particularly with the general public and opinion leaders, helps boost cooperative understanding.

Cooperation Among Cooperatives
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By working together through local, national, regional, and international structures, cooperatives improve services, bolster local economies and deal more effectively with social and community needs.

Concern for Community
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Cooperatives work for the sustainable development of their communities through policies supported by the membership.

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LOCATIONS

1400 Highway 13
Cedar Rapids IA 52403
P: (800) 373-8011

2600 Grand Avenue Ste. 300
Des Moines IA 50312
P: (800) 373-8011
 

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  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • CIPCO Difference
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    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • Opportunities in Energy: Iowa Career Pathways

©2023 Central Iowa Power Cooperative. A Touchstone Energy Cooperative.

  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • CIPCO Difference
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • Opportunities in Energy: Iowa Career Pathways