Membership
has its privileges
by Jim Coode, general manager
I’m often asked why
we call those who purchase electricity
from Cumberland Electric Membership
Corporation “members” and not
“customers.” The answer is simple.
Some of my friends
are members of Rotary and Kiwanis clubs.
My son is a member of the football team
at his high school. And you’re a member
of CEMC.
Service clubs have
a common mission—together the club
accomplishes more than an individual
could. The same holds true for high
school clubs; they pool resources and
work together to help each member
succeed.
Membership at CEMC
offers many of the same benefits as
clubs do, but with a big extra. You and
the rest of our 89,000 members own the
co-op! That means we answer to you, not
investors who’ve never walked our
streets or spent time in our schools.
This structure harkens back to our
origins.
CEMC was organized
by farmers and rural residents from this
area in 1938, with support from the
federal Rural Electrification
Administration (REA). At that time,
investor-owned utilities said there
wasn’t enough profit to be made to
warrant the expense of building power
lines into the countryside.
REA offered
low-cost loans for bringing electricity
to unserved homes and farms. So folks
began forming electric cooperatives to
meet the need. A fee of $5 was collected
from each family—making them co-op
members and owners—to generate capital
for borrowing. The rest is history.
You should be proud
of what your co-op has accomplished. We
are an economic driver in the
communities we serve. A 2009 study
funded by the U.S. Department of
Agriculture found electric co-ops across
the U.S. employ 130,000 Americans, both
directly and indirectly, with revenues
topping out at $45 billion. Best of all,
every co-op operates on a not-for-profit
basis.
Electric co-op
membership remains as important today as
it was in the late 1930s. And all of the
nation’s 900-plus electric co-ops in 47
states share a common mission: to keep
energy safe, affordable, and reliable.
Working together
through efforts like the Our Energy, Our
Future™ grassroots awareness campaign,
we’re keeping our needs at the top of
Congress’s agenda. We’re part of
something special—a nationwide network
owned and controlled by people like you
and me.
As we observe
Cooperative Month in October, it’s a
good time to remember the advantages of
cooperative membership, which are summed
up in “The Seven Cooperative
Principles:”
• Voluntary and
open membership;
• Democratic member
control;
• Members’ economic
participation;
• Autonomy and
independence;
• Education,
training and information;
• Cooperation among
cooperatives; and,
• Concern for
community.
That’s why
membership matters.