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What is the difference between a not-for-profit cooperative and an investor-owned utility?

April 26, 2017cooperative investor-owned not-for-profit utility

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What is the difference between a not-for-profit cooperative and an investor-owned utility?

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An investor-owned utility is operated on a for-profit basis to benefit its stockholders. When your cooperative has a margin at the end of the year, that amount is placed into members capital credit accounts and refunded at the boards discretion.