The founding members of Taylor Electric Cooperative went door to door to collect $5 in order to raise a portion of the original investment the co-op needed. Those “go-getters” realized the only way to get electricity for me was to get it for we, the whole community.
Cooperative ownership is in the hands of the people who use the co-op’s goods and the services (not investors), so not only do co-ops start out answering the question of “What’s in it for we?” – they continue to answer that question for as long as they exist.
These days, we often hear about companies that abandon their local communities and move overseas in search of cheaper labor. This negatively impacts the community through job loss, decline in housing values and school closures. Because local residents own a majority of cooperatives, they are less likely to leave their community. In fact, it would be impossible for Taylor Electric Cooperative to leave Abilene and the surrounding communities. The co-op is a critical part of what makes the community a community.
The way co-ops continue to answer the question, “What’s in it for we?” is critical to their survival. It is imperative that we keep you – our members – as the primary focus. Ensuring that we provide real value as your trusted energy adviser is extremely important.
By maintaining that focus with your help and support, we will continue to be able to serve the “me” and the “we” in our community long into the future.
By Adam Schwartz