Thursday, August 25 at 7pm
(Rebro Mon, Aug 29 at 7am)
on solar-powered www.KRUUfm.com
Access Energy is a different kind of company. It’s a utilities company that is structured as a co-operative. In the company's own words: ‘Every customer is an owner of the business. Unlike other electric utilities, your co-op exists to make sure your needs are met, not to make a profit. As a member-owner, you share in the margins earned in the form of dividend checks.' Yes, that’s right. The profit the company makes is shared back with the owners of the company--the customers.
On the 2nd of August, with a heat index of nearly 120 degrees, James and I went to the annual general meeting. It’s like a party celebration with a few speeches thrown in. We saw the customers of Access queuing up to receive their checks. I’m sure many of us wish our energy provider was a cooperative. But unfortunately, utilities are given the rights to operate exclusively in an area. So what you get depends on where you are.