Shenandoah Valley Electric Cooperative

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The difference between Shenandoah Valley Electric Cooperative and other power companies is our ownership. Each person who receives service from this not-for-profit electric utility is a member and owner. Members have a voice in the leadership of the cooperative and in the direction that those leaders take. Each member has one vote and all members have the opportunity to participate in the annual meeting. At the annual meeting, members elect directors and vote on any proposed bylaw changes. All profits, or margins, are allocated back to the members based on patronage. Equity capital is a members share of the profits, or margin. Members receive a patronage refund of this Equity Capital over a period of time based on the policy of the cooperative.