Richland Electric Cooperative shall continually work to be of the greatest value to people in the communities it serves by delivering products, services and technologies with integrity.
Vision Statement
Richland Electric Cooperative shall be the trusted provider of power and leadership to enrich the lives of people in the communities it serves.
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.
Economic Development
Richland Electric Cooperative is an active leader in promoting the greater Richland County area as a place to build or expand your business. Our part of southwest Wisconsin has a number of outstanding attributes which make it an excellent place to do business. Our staff can assist you with a variety of services, most of which are free of charge. We have experts on staff to help you with;
- Site Selection - Our staff is keenly aware of real estate, zoning and building requirements, utility services available including rates, broadband internet availability and environmental assessments.
- Tax and Business Incentives - We constantly monitor local, state and federal incentives including low interest loans, grants and tax incentives
- Financing - We work with a variety of financial institutions to help arrange business relationship that will match your financing needs and multiple sources. Furthermore, we have an in-house revolving loan fund which can be used by qualified new and growing businesses.
- Workforce and labor statistics are evaluated continuously by our staff to provide you with information about local labor rates, participation rates, and quality of workforce.
Member