Member Services Your Account Outage Center Community Energy Solutions About Us Contact Us 1-800-234-7832 Chat with SVEC Home > About Us > Seven Cooperative Principles Email Print Seven Cooperative Principles All Cooperatives Function with these Seven Guiding Principles: 1. Voluntary and Open Membership: Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership. 2. Democratic Member Control: Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. 3. Members’ Economic Participation: Members contribute equitable to, and democratically control, the capital of their cooperative. 4. Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members. 5. Education, Training, and Information: Cooperatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives. 6. Cooperation Among Cooperatives: Cooperatives serve their members most effectively and strengthen the cooperative movement by working together. 7. Concern for Community: While focusing on member needs, cooperatives work for the sustainable development of their communities. Quick Links Unclaimed Equity Your Account Send Us An Email Energy Saving Tips Latest News Safety Beat the Peak MySVEC App Operation Round Up Related Information Board of Directors SVEC is governed by a democratically elected board of directors. Directors serve four-year terms. Senior Staff SVEC’s senior staff is charged with overseeing the day-to-day success of the cooperative. Selecteer een taal▼ Mailing Address: P. O. Box 236 Mt. Crawford, VA 22841-0236 © Shenandoah Valley Electric Cooperative. All Rights Reserved. This institution is an equal opportunity provider and employer. SVEC supports our armed services and veterans in employment opportunities. Website setup and support provided by Websites For Anything in Central Virginia.