Typically, both an electric and water cooperatives, and an investor owned utility distribute electricity/water to end-users pretty much the same way. The main difference between the two entities is more related to the fact that an electric/water cooperative is a not-for-profit organization owned by those it serves. An investor owned company is owned by stockholders, who may or may not be customers. Cooperatives are setup to provide services at cost to its members. The profit margins made by a cooperative are invested in plant and equipment. When prudent financial considerations allow, previously retained profit margins are returned to the cooperativeâ€™s members by way of a capital credit check. Hope that helps!
Tru Value Realty