Co-op Governance

The electric utility industry is complex and constantly evolving, making board service a meaningful commitment. Prospective candidates should carefully consider the time required to prepare for meetings, review detailed reports and financial statements, and attend occasional committee meetings and monthly board meetings. Directors set the cooperative’s strategic direction while thinking and acting independently in the cooperative’s best interests. Ongoing education, effective communication skills, community involvement, respect for confidentiality, and awareness of potential conflicts of interest are essential. Directors receive a monthly per diem, based on a formula that encourages meeting attendance, for participation in board and committee meetings and required education.