Our seven cooperative principles

Like all co-ops, York Elec­tric Coop­er­a­tive is gov­erned by a set of prin­ci­ples that out­lines how we do busi­ness and empha­sizes the impor­tance of you—our mem­bers.

YEC has open and vol­un­tary mem­ber­ship. Any per­son or busi­ness with­in YEC’s ser­vice ter­ri­to­ry can be served by YEC.

Your co-op is demo­c­ra­t­i­cal­ly con­trolled. Our board of direc­tors is elect­ed by the mem­bers each year at our annu­al meet­ing. We hope to see you on May 13 and 14 for this year’s dri­ve-thru annu­al meet­ing to reg­is­ter for your $20 pow­er bill cred­it, vote for the three board seats up for elec­tion and learn about the lat­est coop­er­a­tive busi­ness.

Each mem­ber par­tic­i­pates eco­nom­i­cal­ly in their co-op. When you pay your bill each month, you are cre­at­ing an equi­table rela­tion­ship with your co-op. There­fore, we return any prof­its exceed­ing the cost to oper­ate to mem­bers in the form of Cap­i­tal Cred­its. This year, our board vot­ed to give $2.4 mil­lion back to mem­bers.

YEC is an autonomous and inde­pen­dent com­pa­ny. Although we are one of many coop­er­a­tives across the coun­try and one of 20 coop­er­a­tives in South Car­oli­na, our board of direc­tors decides our rates, busi­ness prac­tices, poli­cies and pro­ce­dures. These are decid­ed upon based on the best ben­e­fit to our mem­bers, help­ing YEC con­tin­ue to pro­vide reli­able, safe and afford­able ener­gy.

YEC is com­mit­ted to pro­vid­ing edu­ca­tion, train­ing and infor­ma­tion to its mem­bers, employ­ees and com­mu­ni­ties. We have the respon­si­bil­i­ty to share infor­ma­tion about our busi­ness deci­sions, elec­tri­cal safe­ty and com­mu­ni­ty part­ner­ships with those we serve, as well as equip our employ­ees with the knowl­edge and skills to per­form their jobs.

YEC coop­er­ates with oth­er coop­er­a­tives to make a big­ger impact. When storms occur or when impor­tant issues arise in the halls of gov­ern­ment, co-ops band togeth­er to make a dif­fer­ence. From send­ing crews out of town to lob­by­ing for what is best for our mem­bers, coop­er­a­tives work togeth­er for the ben­e­fit of the mem­bers and com­mu­ni­ties we serve.

We’re more than just your elec­tric provider; YEC has a deep con­cern for com­mu­ni­ty. We are com­mit­ted to improv­ing the qual­i­ty of life for our mem­bers and those liv­ing in our ser­vice ter­ri­to­ry. YEC sup­ports eco­nom­ic devel­op­ment to bring qual­i­ty jobs to our area, pro­vides fund­ing for com­mu­ni­ty improve­ment projects and gives time and resources to sup­port the edu­ca­tion of our youth.