When you hear the word cooperative, what comes to mind? As your local electric co-op, I hope you think of Lake Country Power.
Regardless of the services offered, all cooperatives have one thing in common: they’re led by the people they serve, and that simple idea makes a meaningful difference.
Cooperatives come in all shapes and sizes, each created to meet a specific need. Credit unions help members save and borrow money. Producer cooperatives help farmers bring their products to market. Retail cooperatives are owned by their shoppers or a membership of store owners, while housing cooperatives give residents a voice in managing their communities. And utility cooperatives like Lake Country Power provide safe, reliable and affordable electricity to its members.
Unlike many businesses that answer to outside investors or shareholders, cooperatives are built for their members. Their goal isn’t simply to earn a profit. It’s to provide value, meet unique local needs and strengthen the communities they call home.
That’s the co-op difference.