Co-op Membership: What’s In It for Me?

 

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Annual Meeting for Horry Electric members is Tuesday, May 13. Registration and Voting are two of the most important aspects of the Annual Meeting. Please participate and let your voice be heard!

Exploring the unique benefits of cooperative membership.

 

You set up your electric service account with Horry Electric Cooperative and you think to yourself, “That’s done. Now I just have to pay my monthly bill.” But the truth is we’re more than just a utility provider that you pay each month for electricity. We have more to offer – and we want you, our members, to know about these benefits.

There are more than 900 electric cooperatives in the U.S. that serve 42 million members. Horry Electric,  your local electric cooperative, serves 56,416 members through 70,956 meters with lines stretching across more than 4,993 miles. So what makes being a member of an electric cooperative unique?

We’re all in this together. You are a member of Horry Electric Cooperative – not a customer. And that means you have a voice when it comes to the way we do business. Each May, you have the option to vote for fellow members you want to represent you on the board of trustees. These trustees play a key role in making important decisions for our co-op, which is why members’ voices must be heard.

We’re local. It’s likely that you know an employee of  Horry Electric.  Our employees – your friends and neighbors – share the same concerns for our community that you do. Each year, Horry Electric participates in a variety of community events and efforts.

We’re not-for-profit.  Horry Electric doesn’t offer profits to investors—we return money over and above operating costs to our members based on their individual electricity consumption. Annually, electric co-ops nationwide return millions of dollars to members through this capital credits process. Last year, Horry Electric members received $1.5 million in the form of capital credits. This year, Horry Electric will be distributing about $1.6 million in the form of capital credits.

We’re here for you. At Horry Electric, our mission is to provide information and energy-related services on a fair and equitable basis. We care about our members’ quality of life, which is why our employees are continuously finding innovative ways to improve our service.

These are just a few facts about electric cooperatives that make us unique. For more information about Horry Electric Cooperative and the services we offer, visit horryelectric.com.

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