Who We Are

About Us

Laurens Electric is a member-owned electric cooperative in Upstate South Carolina. Founded in 1939, the co-op provides service to more than 53,000 residential, commercial and industrial consumers in Laurens, Greenville, Spartanburg, Anderson, Abbeville, Newberry, and Union counties.

 

The 7 Cooperative Principles

1. VOLUNTARY AND OPEN MEMBERSHIP
Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.

2. DEMOCRATIC MEMBER CONTROL
Cooperatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights – one member, one vote – and cooperatives at other levels are organized in a democratic manner.

3. MEMBERS’ ECONOMIC PARTICIPATION
Members contribute equally to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. They usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.

4. AUTONOMY AND INDEPENDENCE
Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.

5. EDUCATION, TRAINING, AND INFORMATION
Cooperatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperatives. They inform the general public – particularly young people and opinion leaders – about the nature and benefits of cooperation.

6. COOPERATION AMONG COOPERATIVES
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.

7. CONCERN FOR COMMUNITY
While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.

 

Our History

Laurens Electric Cooperative is a member-owned rural electric cooperative in Upstate South Carolina. It was organized in May of 1939 by a group of citizens who were concerned that rural families were not receiving electricity because the power companies could not operate with a profit serving sparsely populated areas.

“Organized for the people, owned by the people.”

They sought to solve this problem by organizing their own non-profit institute with a goal of service to all people, regardless of class or creed. It was out of this effort that Laurens Electric Cooperative was born.

Laurens Electric Cooperative operates today with the same goals in mind. As a member of this cooperative, you belong to a unique organization. By being a member, you are part owner and you share in all profits above operating cost. These profits are returned each year in the form of capital credits.

Take pride in your membership and exercise your right of participation by attending your annual membership meeting which is held the first Saturday in June. This meeting is held to provide you with information on the operation and condition of your business, and to elect trustees.

Laurens Electric Cooperative serves more than 47,000 consumers in Laurens, Greenville, Spartanburg, Anderson, Abbeville, Newberry, and Union counties.

 

Our Vision

To be the provider of choice for energy and related services.

Our Mission Statement: To meet or exceed the expectations of our customers by:

  • Being proactive in our approach to business
  • Providing excellent service through quality products, competitive pricing, effective work practices, and skilled, motivated and effective employees
  • Assuring an organizational culture that reflects our core values
  • Partnering with our communities to improve the quality of life

Core Values:

  • Competence
  • Integrity
  • Respect
  • Caring
  • Responsibility
  • Productivity
  • Safety
  • Teamwork
  • Innovation
  • Ethical Professional Behavior
  • Commitment to Community

 

Board of Directors

Charles Adair—Chairman of the Board

F.E. Hendrix—Vice Chairman

Mitchell Powers—Sec.-Treasurer

Joe Nicholson—District 1

Bill Hendrix—District 2

Lewis Harrison—District 3

Charles Adair—District 4

Leroy Blakely—District 5

Eddie Abrams—District 6

Marcus E. Cook—District 7

F.E. Hendrix—District 8

Mitchell Powers—District 9

 

Co-op Bylaws

Click here to download a PDF of the Co-op Bylaws.



 

Statement of Nondiscrimination

In accordance with Federal civil rights law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its Agencies, offices, and employees, and institutions participating in or administering USDA programs are prohibited from discriminating based on race, color, national origin, religion, sex, gender identity (including gender expression), sexual orientation, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted or funded by USDA (not all bases apply to all programs). Remedies and complaint filing deadlines vary by program or incident.

Persons with disabilities who require alternative means of communication for program information (e.g., Braille, large print, audiotape, American Sign Language, etc.) should contact the responsible Agency or USDA’s TARGET Center at (202) 720-2600 (voice and TTY) or contact USDA through the Federal Relay Service at (800) 877-8339. Additionally, program information may be made available in languages other than English.

To file a program discrimination complaint, complete the USDA Program Discrimination Complaint Form, AD-3027, found online at http://www.ascr.usda.gov/complaint_filing_cust.html and at any USDA office or write a letter addressed to USDA and provide in the letter all of the information requested in the form. To request a copy of the complaint form, call (866) 632-9992. Submit your completed form or letter to USDA by:

(1) mail: U.S. Department of Agriculture
Office of the Assistant Secretary for Civil Rights
1400 Independence Avenue, SW
Washington, D.C. 20250-9410;

(2) fax: (202) 690-7442; or

(3) email: program.intake@usda.gov.

Laurens Electric Cooperative, Inc. is an equal opportunity provider.

 

Capital Credits

One of the advantages of being a member-owner of an electric cooperative is sharing in its success. Capital credits reflect each member’s ownership in the cooperative. Electric cooperatives do not earn profits in the sense that investor-owned utilities earn profits for their investors. Instead, any margins or revenues related to the sale of electric service remaining after all expenses have been paid are returned to the cooperative’s members in proportion to their electrical usage. Depending on the amount, your capital credits may be returned to you in the form of a bill credit or a check.

Download a PDF of unclaimed capital credits.

Capital Credits Infographic

Capital Credits Infographic