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Coleman County Electric Cooperative
Coleman County Electric Cooperative, Inc. is a non-profit rural electric utility cooperative headquartered in Coleman, Texas. The Cooperative was organized in 1937, and established under the federal Rural Electrification Act. This Cooperative serves portions of eight counties in the state of Texas, in a territory generally surrounding the town of Coleman. The eight counties are these: *Brown County, Texas *Callahan County, Texas *Coke County, Texas *Coleman County, Texas *Concho County, Texas *Runnels County, Texas *Taylor County, Texas *Tom Green County, Texas As of 2023, the Cooperative has 3,780 miles of line and serves approximately 8,600 electricity meter, meters. It is part of a federation of utility cooperatives called Touchstone Energy. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility Cooperative
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profit (accounting), Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are dividends paid on a member's investment in the cooperative. Each customer is a member and owner of the business. This means that all members have equal individual authority, unlike investor-owned utilities where the extent of individual authority is governed by the number of shares held. Like cooperatives operating in other sectors, many utility cooperatives conduct their affairs according to a set of ideals based on the Rochdale Principles. Some utility cooperatives respect the seventh principle, ''Concern for community'', through ''Operation Roundup'' schemes, whereby members can voluntarily have their bill rounded to the next currency unit (e.g. $55.37 becomes $5 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |