The main decision-making body of Collective Energy is the General Assembly of its members which is regularly convened once per year or whenever an important decision is required. At the General Assembly all members of the energy community, regardless of the number of cooperative shares, have the right to one vote.
The General Assembly elects the Board of Directors of the energy community which has five members with a two-year term of office. The Board of Directors is responsible for implementing the decisions and directions set by the General Assembly and undertakes the management function of the cooperative.
The operation of the energy community and its decision-making bodies is clearly defined by its statute. (Statute attached)
At Collective Energy we adopt the seven cooperative principles, which result from the accumulated experience of the international cooperative movement and ensure the proper and smooth operation of the cooperatives.
The seven cooperative principles are the following:
- Open and voluntary membership.
- Democratic member control.
- Member’s economic participation.
- Autonomy and independence.
- Education, training and information.
- Cooperation among cooperatives.
- Concern for community.