What is a co-op, exactly?
When you hear the word “co-op,” what comes to mind? We hope you think of your friends here at Guthrie County REC, but maybe you think of a local farmers’ co-op or a credit union. You might be surprised to learn that co-ops, or cooperatives, can be found in many industries—and they offer a variety of services, each designed to serve their members in the best way possible. A cooperative is a not-for-profit organization owned by its members.
Rural electric cooperatives serve the smallest number of consumers, about 12 percent of the market, which equals 42 million people. There are more than 800 other electric co-ops in 47 states in addition to Guthrie County REC. While co-ops serve the fewest number of people, our electric lines cover more than 75 percent of the U.S. landmass. This is because we provide power where others once refused to go because of the low population density. Electric co-ops rank highest in member satisfaction among the three types of utilities.
As a member of Guthrie County REC, you have a voice - in other words, you’re not just a customer, you are a member-owner. Review the Seven Cooperative Principles listed below on why there is a "Cooperative Difference".
The Seven Cooperative Principles