Your Cooperative
CREC is owned and governed by you, the members it serves. Understanding what guides us, how we operate, and why your involvement is so important is vital to our organization. As a member, you are also entitled to unique cooperative benefits.
Mission and Vision
As a cooperative, it is CREC's responsibility to serve our members today, and tomorrow. CREC's Board of Directors adopted both mission and vision statements to help continue guiding us as we move forward to fulfill that responsibility.
Mission
Cuivre River Electric Cooperative will be a progressive leader in the energy industry, empowering employees to serve our members using innovative energy solutions, while safely providing reliable service at the lowest possible cost.
Vision
Cuivre River Electric aspires to be a trusted energy partner that is prepared to embrace opportunities in a changing utility industry while providing our members with maximum value and improving our communities.
Annual Meeting
The annual meeting of members, according to bylaws, is to be held between May 1 and October 1 of each year, to elect directors, provide reports for the previous fiscal year, and transact such other business as may come before the meeting.
Cooperative members may vote for directors online or by paper ballot during a period before the annual meeting or may attend the annual meeting and vote in person.
The term "cooperative member" refers to a person, family, or business that purchases electricity from the cooperative. One member = one vote.
The annual meeting is also an opportunity for members to vote on any cooperative bylaw changes that are proposed by the board.
Other Annual Meeting Resources
Annual Reports
Each year, CREC's President/CEO and Board President present an annual report to its members, summarizing the previous year's highlights and milestones.
NEW! 2022 Extended Annual Report 2021 Annual Report 2020 Annual Report
Capital Credits
Being a member of an electric cooperative includes some unique benefits, such as capital credits. Similar to profit margins in other businesses, capital credits represent members' ownership equity and are refunded back to members.
Co-op Connections
As a Touchstone Energy Cooperative, CREC offers our members a unique and free program that gives you incredible discounts on everyday expenses. With a Co-op Connections program membership, you're entitled to discounts with national and local retailers as well as savings on health-related expenses such as pharmacy, dental, and vision.
Member Surveys
Periodically, CREC will conduct member satisfaction surveys to learn about our members' preferences related to service and performance. Your participation in these surveys helps us improve and serve you better.