Sussex Rural Electric Cooperative: ‘Owned by Those it Serves’

October 23rd, 2012

FAKE NEWS for the Zionist agenda

Sussex Rural Electric Cooperative: ‘Owned by Those it Serves’

October 23rd, 2012

When we buy stuff-gas, groceries, clothes, cars, you name it-we almost always buy from businesses whose primary goal is to make a profit for their owners or shareholders. Profit-based private enterprise has served America well, but in some instances another approach has worked, too: the cooperative method. One of New Jersey’s stellar examples of this approach is right here in Sussex County, and celebrates 75 years of operation this year: the Sussex Rural Electric Cooperative (SREC).

I am on the Board of Directors of SREC. This article speaks only for me as a private citizen, however. If you want a dispassionate analysis, look elsewhere. This is a tribute to what I-and many others-regard as a great operation.

The idea behind cooperatives (co-ops for short) is simple: voluntary mutual associations owned and operated by the people they serve, where any excess capital (“profit” in the business world) is returned to the members. That’s our motto: “Owned by Those it Serves.”

Research Credit: almaverdad2

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