Democratizing Mississippi’s Electric Cooperatives
In 1932, only about 10% of rural America was electrified, as big energy companies had long avoided investing in rural areas for fear it wasn't profitable. New Deal legislation offering federal assistance to Americans living without electricity led to the formation of electric cooperatives. Thanks to their efforts, 90% of homes, businesses and farms in rural America were electrified by 1936.
Co-ops are not-for-profit and made up of member-owners — community members who share collective ownership of the company from which they also receive electricity, and nowadays sometimes internet service as well. Co-ops are governed by a board of directors who are elected by member-owners to make policy decisions.
Today there are more than 900 electric co-ops across the U.S. powering more than 20 million businesses, homes, schools, and farms.