Summary

Mission Statement

Eastern Maine Electric Cooperative (EMEC) is Maine’s premiere consumer-owned utility providing low-cost energy solutions and adding value to our members’ quality of life through creative application of technology, capital, and a dedicated workforce.

EMEC is a non-profit consumer-owned electric utility serving parts of Aroostook, Penobscot and Washington Counties on Maine’s eastern border with Canada. The primary goal of a rural electric cooperative is to provide quality electric service to its member-owners at the lowest cost consistent with sound management.

Organizational Structure

Policy decisions for the Cooperative are made under the governance of the eleven directors, who are elected for three--year terms by the consumers in each of eleven zones. The Chief Executive Officer oversees the employees and is responsible for all operational decisions.

EMEC Members own the Co-op. To conduct the affairs of the Co-op, they elect a Board of Directors, who are themselves Members. In the election of Directors, each Member has one vote, regardless of the number of meters the Member has or how much electricity the Member buys. Members also vote on any proposed By Laws or Amendments.

Because EMEC is a nonprofit cooperative, rates are based on the cost of doing business.

Any money collected over and above actual operating expenses, is credited to members capital accounts in proportion to their patronage. At some point in the future, members will receive a partial retirement of their patronage capital upon approval of the Board of Directors. Until then, it is used to build member equity, or ownership, in the system.