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Seven Cooperative Principles

PGEC operates according to the seven cooperative principles. These principles help guide the operations of all co-ops throughout the world.

1. Voluntary and Open Membership. Cooperatives are open to anyone able to use their services and willing to accept the responsibilities of membership. There is no discrimination based on gender, social status, race, political affiliation or religion.

2. Democratic Member Control. Cooperatives are controlled directly by their members. Elected representatives are accountable to membership, and members are expected to participate actively.

3. Members’ Economic Participation. Members control the capital of their cooperative and are expected to operate as a not-for-profit organization. If there is a surplus in capital, it is used to fund improvements or expansion, or it is credited to members.

4. Autonomy and Independence. Cooperatives are autonomous, democratic and always controlled by members.

5. Education, Training and Information. Cooperatives educate and train their members so they will continue to grow and improve. They also inform legislators and the public about the benefits and nature of cooperatives.

6. Cooperation Among Cooperatives. The cooperative movement is strengthened by collaboration between cooperative organizations. This can happen at the local, national and international levels.

7. Concern for Community. Cooperatives work for sustainable development in their communities through policies agreed upon by their members.

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Connect with PGEC

Prince George Electric Cooperative 
7103 General Mahone Highway
P.O. Box 168
Waverly, VA 23890

Phone: 804-834-2424
Fax: 804-834-8217
info@pgec.coop 

©2023 Prince George Electric Cooperative. Electric Utility Provider in Waverly, Virginia.

  • My Account
    • Residential Services
    • Business Services
    • Billing & Payment
    • Capital Credits/Estate Refunds
    • FAQ
  • Outages
    • Outage Map
    • Prepare
    • Outage Texting
  • Energy Solutions
    • Energy Resource Center
    • Electric Vehicles
    • Energize Efficiently
    • Change That Filter!
    • Energy Solutions
    • Landscaping Tips
  • Safety
    • Safety at Home
    • Spotting Safety Hazards
    • Miss Utility 811
    • Generator Safety
    • Kids Korner
  • My Co-op
    • Cooperative News
      • Cooperative Living Magazine
      • Annual Reports
      • Press Releases
    • My Community
      • ROC Solid Partnership
      • Round Up for Education
      • VMDAEC Scholarship
      • 2022 National Co-op Month - Adopt A Highway Program
      • 2023 Youth Tour Application
    • Annual Business Meeting
      • 2022 Annual Meeting
      • 2021 Annual Meeting
  • About Us
    • About PGEC
    • Board of Directors
    • Management Team
    • Rates & Legal
    • Careers
    • Cooperative Principles
    • Mission Statement
  • Broadband
    • Advantages of Fiber Optic
    • Construction Process
  • Contact Us