Powder River Energy - What is a Co-op?

What is a Co-op?

Touchstone Energy

Board of Directors

Management Team

Conservation Loan Program

Energy Assistance

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Off Peak Rates

Residential Heat Rate Program

Calculate Your Carbon Footprint

Economic Development Loan

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Residential Heat Rate Program

Conservation Loan Program

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Power Lines Publication

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(General Information)

The Cooperative Difference

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A Touchstone Energy Cooperative

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Cooperative businesses are special because they are owned by the consumers they serve and because they are guided by a set of seven principles that reflect the best interests of those consumers.

More than 100 million people are members of
47,000 U.S. cooperatives, enabling consumers to secure a wide array of goods and services such as health care, insurance, housing, food, heating fuel, hardware, credit unions, child care or utility service.

The Cooperative Philosophy

"What is a cooperative?" is a question that is asked by many of the new residents to our service area. Briefly, a cooperative can be defined as a nonprofit form of enterprise, organized and controlled by people working together to accomplish something they could not do individually.

Seven Principles

Powder River Energy adheres to these seven guiding principles:

1. Voluntary and Open Membership

2. Democratic Member Control

3. Members’ Economic Participation

4. Autonomy and Independence

5. Education, Training, and Information

6. Cooperation Among Cooperatives

7. Concern for Community

Powder River Energy, YOUR electrical cooperative, is a voluntary organization, open to all persons able to use our services, without gender, social, racial, political, or religious discrimination.

Powder River Energy is a democratic organization controlled by YOU. Members actively participate in setting policies and making decisions. The elected board is accountable to the membership. At Powder River Energy, members have equal voting rights - one member, one vote. Your vote carries the same weight as our largest commercial customer.

YOU control the capital of this cooperative. It is your money. Any "profits" are returned back to you. We call this money - Capital Credits. The result are the lowest possible electricity rates for YOU.

Powder River Energy is an autonomous, self-help organization controlled by YOU. If we enter into agreements with other organizations, including governments, or raise capital from external sources, we do so on terms that ensure democratic control by the members and maintain cooperative autonomy.

Powder River Energy, like all cooperatives, provides education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of the cooperative. PRECorp informs the general public, particularly young people and opinion leaders, about the nature and benefits of cooperation.

Powder River Energy, and cooperatives in general, serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.

While focusing on member needs, PRECorp works for the sustainable development of our communities through policies accepted by YOU, the members.