Once a consumer pays the $5 membership fee, they become a part owner of the cooperative. They have a voice in how the cooperative is operated and influence this process through casting their vote at the annual meeting.
The bylaws of all cooperatives require that they hold an annual meeting of members once a year. RECC’s last annual meeting was held on June 8, 2019 at Glenwood High School in Chatham. The 2020 meeting had to be cancelled due to COVID-19. Normally, at this meeting three members are elected to the board of directors by the membership of the cooperative. Directors are elected to three year terms on the nine-member board. They set the policies and general direction that will be followed by the co-op’s management and staff.
The annual meeting is also an opportunity for members to hear about their cooperative’s financial condition, business programs and plans for the future. Members can visit with their directors and employees and ask any questions they may have about the business or energy issues. RECC serves an evening meal for all attending members and provides displays to help members learn about safe and efficient electric use.
Annual meetings are a tradition at electric cooperatives that celebrate our unique business model, bringing together the customers who are also owners to discuss how the co-op is working to serve their needs.