Webster defines a cooperative or co-op as “an enterprise or
organization owned by and operated for the benefit of those using its
services.”
Walton EMC is an electric co-op that began in 1936 when seven
community leaders each invested $1 toward providing power for rural northeast Georgia. Moving
forward to 2010, Walton EMC is now one of the largest of almost 1,000 electric
co-ops in the nation.
Though co-ops come in many shapes and sizes, all follow
seven internationally recognized principles:
1. Voluntary & Open Membership
Walton EMC provides its services to any commercial or
residential consumer inside its ten-county service territory that includes
Athens-Clarke, Barrow, Dekalb, Greene, Gwinnett, Morgan, Newton,
Oconee, Rockdale, and Walton Counties.
2. Democratic Member Control
Each year, the third Saturday in June is reserved for Walton
EMC’s annual meeting held at the Walton County
Agricultural Education
Center. At this meeting,
customer-owners are given the opportunity to elect board members who make executive
decisions for the co-op.
3. Members' Economic Participation.
We don’t have customers at Walton EMC; we have
customer-owners. When you pay your initial membership fee, you become part-owner
of the co-op. Because we are not-for-profit,
excess revenue is returned to customer-owners in the form of capital credits assigned to their account based on individual patronage.
4. Autonomy & Independence
Walton EMC is a stand-alone company that functions based on
the democratic control of our customer-owners. We do not rely on government
funding nor do we enter into any agreements that would sacrifice the integrity
of our self-governing organization.
5. Education, Training & Information
Each year, Walton EMC sponsors participants for the Young
Couples Co-op Conference, Youth Leadership Conference, and Washington Youth
Tour. Our co-op also hosts field trips for local schools and organizes school
programs to educate students about Walton EMC.
6. Cooperation among Cooperatives
Walton EMC has entered into several business endeavors with
other co-ops. EMC Security is a company that is equally owned by Walton EMC,
Jackson EMC and Greystone Power. Power supply contracts are negotiated jointly
with Satilla REMC and Colquitt EMC. Our co-op is also an active member of
Georgia EMC, a trade organization of all electric co-ops in Georgia.
7. Concern for Community
Concern for community is a priority for Walton EMC. Our
co-op partners with numerous charitable organizations including the American Cancer
Society's Relay for Life, March of Dimes and the United Way. We developed and administer a
community assistance program called Operation Round Up that provides grants to
local service organizations and needy individuals. Walton EMC also offers
programs and scholarships to benefit youth within the community.