Friday, October 5, 2012
October is National Cooperative Month
Join Homer Electric in celebrating cooperatives in Alaska and across America during National Cooperative Month.
Every October, cooperatives are recognized for the qualities that make the business model unique: local democratic control, commitment to supporting the communities they serve and improving quality of life, special benefits and services, and the return of margins (the co-op term for profits) back to members in the form of capital credits.
Homer Electric is one of more than 900 electric cooperatives, public utility districts and public power districts serving 42 million people in 47 states. Electric cooperatives were formed because rural communities were struggling for lack of investment. Neighbors banded together and lit up the countryside when no one else would. That’s what we celebrate each October.