Haywood EMC, along with electric cooperatives across the country, operates according to the 7 Cooperative Principles. Each principle is a key reason that cooperatives operate differently from other electric utilities, putting the needs of their members first.
This month, Haywood EMC wants to share more about the fourth cooperative principle, Autonomy & Independence. Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control as well as their unique identity.