Wake Forest, NC— Each October, cooperatives across the country celebrate their ongoing accomplishments and contributions as democratically controlled, member-owned businesses. More than 130 million Americans find solutions to many of their everyday needs through different cooperatives that provide common goods and services. National Cooperative Month pays tribute to the qualities that make the business model unique, such as commitment to supporting the communities they serve and improving quality of life, special benefits and services, and the return of margins (the co-op term for profits) back to members in the form of capital credits.
North Carolina’s electric cooperatives, including Wake Electric, are located in the communities they serve and have a special interest in seeing these communities succeed. In addition to cooperative utilities, North Carolina residents are served cooperatively by credit unions, food co-ops, agricultural co-ops, and more! To learn more about co-ops and find one near you, visit go.coop.