The Seven Cooperative Principles
As a cooperative, Kandiyohi Power lives by the 7 Cooperative Principles which differentiate us from other types of businesses. These principles are as follows:
Voluntary and Open Membership
Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
Democratic Member Control
Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions.
Members’ Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative.
Autonomy and Independence
Cooperatives are autonomous, self-help organizations controlled by their members.
Education, Training, and Information
Cooperatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives.
Cooperation Among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
Concern for Community
While focusing on member needs, cooperatives work for the sustainable development of their communities.