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EnerStar belongs to the people who use
it and operates for the benefit of the membership. The member-owners share equally in the control
of the cooperative. At the Annual Meeting,
members just like you, are elected to serve on the Board of Directors. New directors are often amazed at the
body of
knowledge the electric industry encompasses. If a new director is not already
familiar with the utility business, it can take several years to gain the
knowledge and experience necessary to be a truly proficient director. The role of
director is a huge commitment-of time, energy, and education - more than most
members may realize! If you are interested in becoming a director candidate, you
may wish to ask yourself if you:
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Have the willingness to devote significant time and effort to
board meetings and important committee meetings
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Have the desire to keep abreast of cooperative and industry trends
and help identify development opportunities
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Have the ability
and time to study and understand detailed reports and
background materials
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Have the ability to think, speak, and act independently, but
thoughtfully
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Are supportive of the cooperative's goals and objectives as set by
the board and management
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Are personally committed to the community and have a rapport with
outside organizations, members, and the public
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Are a leader and are experienced and respected by your peers
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Are a good communicator and an enthusiastic and effective spokesman
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Are sensitive to possible conflicts of interest
and have a clear respect for confidentiality
Requirements and Responsibilities for
Directors
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Must be a current member of the cooperative, receiving electric
service from EnerStar Power at your primary residence. Directors pay the same rate
for electric service and follow the same policies as all other members.
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Must not be an employee or close relative of an employee; must not
be a spouse of a current director
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Must attend all regular board meetings, normally scheduled for
the last Tuesday of each month; special board meetings as called;
the EnerStar Annual Meeting; committee meetings, regional and
national meetings
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Must obtain training in the industry at every opportunity and stay
abreast of current developments
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Must exercise due care and diligence and devote the necessary time
and effort to the duties of a director to oversee the cooperative’s business and
affairs
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Must be loyal to the cooperative, acting at all times in good faith
for its best interests, unaffected by any personal interest that is in conflict with the
best interest of the cooperative
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Must adhere to all applicable requirements of law, the
cooperative’s articles and bylaws, board policies, contracts, and the
cooperative’s duly made decisions
Rewards
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Public service—to neighbors and the community—is its own
reward!
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A per diem, based on a formula that rewards and encourages meeting
attendance, is paid to directors on a monthly basis. The formula is as follows: ($400) x
(the number of meetings attended ÷ the total number of meetings). If all meetings are
attended, the per diem is $400. If only 2 meetings out of 5 are attended, the director
receives a per diem of $160.
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