True Cost of Service: Mor-Gran-Sou Electric, operating as a not-for-profit cooperative, is dedicated to serving its members, not generating profits for shareholders or investors. Our primary goal is to provide goods and services to you at cost, ensuring affordability and value for our members.

Empowering Member Ownership: You have a significant say in the operation of your co-op through the election of board members. Your directors, guided by cooperative principles such as voluntary and open membership, democratic member control, and member economic participation, oversee the cooperative's policies, financial decisions and goals, representing your interests and ensuring a member centered approach.

Member Ownership: Mor-Gran-Sou Electric is a democratically-governed private electric utility that is owned by the very members it serves. The board of directors, consisting of fellow members, represents your voice in the cooperative's decision-making processes. With a dedicated team of nine directors, your co-op is driven by your needs and aspirations.

Local Accountability: Your co-op is accountable to you, not distant managers or investors. The employees of Mor-Gran-Sou Electric are part of your community, visible in everyday places like grocery stores, ball games, and places of worship. Their commitment to the community mirrors the cooperative's dedication to local accountability.

Capital Credits: Surplus funds, known as net margins, belong to the members, not the utility. These funds are either reinvested to enhance operations or returned to you as capital credits, reflecting your equity in the cooperative. When all expenses are covered, your cooperative's margins are credited to you as capital credits, which can be paid out to you in cash when financially feasible. In the meantime, these capital credits represent your ownership stake in the cooperative. Capital credit refunds are allocated based on the level of business you conduct with the cooperative. The more electricity you use, the larger your capital credit check, providing a fair and proportionate benefit that rewards your loyal participation in the cooperative.