Black River Electric Cooperative
2600 Highway 67, Fredericktown, Missouri, United States | Electric Power
Black River Electric Cooperative was formed February 25, 1938, to provide electricity to a service area that encompasses the southeast Missouri counties of Bollinger, Cape Girardeau, Dent, Iron, Madison, Perry, Reynolds, Shannon, St. Francois and Wayne.
BREC is owned by the members it serves. In a true democratic process, the nine-member Board of Directors is chosen by a vote of the Cooperative's membership. In addition, any changes to the Cooperative's bylaws must be approved by a general vote of the membership. Voting takes place at the BREC annual meeting.
There are many benefits of being a cooperative member in addition to the voting process. Financial benefits include the return of margins, or excess revenues, in the form of capital credits to members. Due to the lack of a profit motive, BREC members enjoy quality electric service at a very competitive rate.
Since its inception in 1938, the Cooperative has grown and currently provides electricity to over 4,160 miles of energized line in a 3,000 square mile region. BREC employees are on call seven days a week, 24 hours a day, 365 days a year to ensure reliable service to 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 | Black River Electric Cooperative |
Business Category | Electric Power |
Address | 2600 Highway 67 Fredericktown Missouri United States ZIP: 63645 |
President | M. Stephen Dees |
Year Established | 1938 |
Employees | 100 |
Memberships | NA |
Hours of Operation | NA |
Similar Companies
- SunGift Energy Ltd
Exeter,United Kingdom
- OConnell Electric Company
Victor,United States
- CANTIAGUE ELECTRIC
Westbury,United States
- RDS Electric
Glendale,United States
- A-C Electric Company
Bakersfield,United States