ELECTRICITY SINCE 1937
Alfalfa Electric Cooperative, Inc. is a voluntary organization open to all persons able to use our services and willing to accept the responsibilities of membership. Each member has equal voting rights and has the opportunity to vote in any matter that may come before the Annual Meeting. AEC provides education and training for our members, elected representatives, managers, and employees so that they can contribute effectively to the development of our Cooperative. AEC helps develop our communities through policies accepted by our members.
7 Cooperative principles
Membership in a cooperative is open to all persons who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender, or economic circumstances.
Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Elected representatives (directors/trustees) are elected from among the membership and are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote); cooperatives at other levels are organized in a democratic manner.
Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for any or all of the following purposes: developing the cooperative; setting up reserves; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
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.
Education and training for members, elected representatives (directors/trustees), CEOs, and employees help them effectively contribute to the development of their cooperatives. Communications about the nature and benefits of cooperatives, particularly with the general public and opinion leaders, helps boost cooperative understanding.
By working together through local, national, regional, and international structures, cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.
Cooperatives work for the sustainable development of their communities through policies supported by membership.
What IS aN eLECTRIC COOPERATIVE?
Electric cooperatives are private, not-for-profit businesses governed by their members. Alfalfa Electric Cooperative is committed to providing the people and communities of Oklahoma with quality, dependable electric utility service. We are also committed to linking modern technology, economic development, community awareness, and environmental stewardship in ways that enhance the lives and ensure the future of our members for their communities.
In accordance with Alfalfa Electric’s Bylaws, each year the Cooperative holds its Annual Meeting of Members in April. At the annual meeting, Alfalfa Electric members can participate in educational and engaging activities, meet with AEC employees, and meet members of the Board. Attendees receive reports regarding the Cooperative’s activities during the past year.
Members can also vote for bylaw changes. Election results are announced before the close of the Business portion of the meeting. Each member must be present with proper identification to register to vote at the annual meeting. Proxy votes are not allowed.
Next Annual Meeting: April 8, 2022 | Cherokee High School
More information to come!
Interested In becoming a trustee?
A LETTER FROM YOUR CEO
The Alfalfa Electric Cooperative employees and Board of Directors welcome you as a member-owner of the cooperative.
You, the member-owner, are the very heart of this cooperative. As a not-for-profit, member-owned corporation, Alfalfa Electric Cooperative is dedicated to providing members the best service at the most reasonable price. AEC continues to be one of the most competitively priced coops in Oklahoma and Kansas. AEC’s residential revenue is $.095/kwh. Our financials are very good despite a decline in KWH sales. Your cooperative has maintained a 79% load factor and hit a system peak of over 76MW. This helps to keep rates low for all of our members.
2020 was a year of challenges and big changes. Building and moving into a new headquarters facility was in itself a big event but having a pandemic to deal with complicated things further. We moved into the new facility on June 4th, 2020. Having an up-to-date facility with current technology allows us to serve our members in ways we could not at our old facility.
I pledge to you my support and the support of all Alfalfa Electric employees to fulfill our obligations while providing you with dependable service at the lowest possible price.
Greg Goetz, CEO/GM