Lighthouse Electric Cooperative
70 E Matador Hwy, Floydada, Texas, United States | Electric Power
Lighthouse Electric Cooperative, Inc., is a non-profit, member-owned rural electric cooperative headquartered in Floydada, Texas, originally organized in 1937 as Floyd County Rural Electric Cooperative. Its original REA loan application was the first to propose serving irrigation wells as part of the project.
By 1953, the cooperative had outgrown its name, and a contest held to choose a new name was won by the member's entry suggesting 'Lighthouse' because 'the wonderful REA electricity lights up my home like a lighthouse on the plains!'
In 1978, Hall County Electric Cooperative, headquartered in Memphis, Texas, merged with Lighthouse, forming a new cooperative which now operates 4300 miles of line serving 8900 meters in parts of 12 Texas counties including Hale, Floyd, Swisher, Briscoe, Hall, Crosby, Dickens, Motley, Donley, Childress, Collingsworth, and Cottle. Lighthouse is governed by a board of 9 directors elected by the membership from 9 geographic areas of the cooperative. Through their ownership of Lighthouse, members also have an ownership interest in Golden Spread Electric Cooperative, their generation and transmission (G&T) cooperative headquartered in Amarillo, Texas.
Our Service Area
Service Area
Lighthouse Electric Cooperative, Inc. serves in parts of 12 counties in the southeastern Panhandle, southern High Plains, and Rolling Plains areas of Texas. Lighthouse does not serve in any incorporated city, but serves portions of the rural areas of Briscoe, Childress, Collingsworth, Cottle, Crosby, Dickens, Donley, Floyd, Hale, Hall, Motley, and Swisher counties.
Cooperative Principles
Voluntary and Open Membership
Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
Democratic Member Control
Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. The elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote) and cooperatives at other levels are organized in a democratic manner.
Members’ Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
Autonomy and Independence
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 by their members and maintain their cooperative autonomy.
Education, Training, and Information
Cooperatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives. They inform the general public, particularly young people and opinion leaders, about the nature and benefits of cooperation.
Cooperation Among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
Concern for Community
While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.
Cooperative Principles
Voluntary and Open Membership
Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
Democratic Member Control
Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. The elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote) and cooperatives at other levels are organized in a democratic manner.
Members’ Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
Autonomy and Independence
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 by their members and maintain their cooperative autonomy.
Education, Training, and Information
Cooperatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives. They inform the general public, particularly young people and opinion leaders, about the nature and benefits of cooperation.
Cooperation Among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
Concern for Community
While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.
Company Details | |
---|---|
Company Name | Lighthouse Electric Cooperative |
Business Category | Electric Power |
Address | 70 E Matador Hwy Floydada Texas United States ZIP: 79235 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | Monday-Friday: 8AM–5PM |
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