Parkland Light & Water Cooperative
Parkland Light & Water Co (PL&WCo) is a mutual utility. A mutual is a form of cooperative where the members of the utility are also the owners. As a part owner in the company, the members also have a voice in how it is operated. A five-member Board of Trustees, elected by the members, represents them in deciding company policy. They meet monthly with the company manager for updates on the state of the company and to make decisions that decide the long-term company direction. In a mutual it is the customer/member, and not stockholders that determines the policy and direction of the organization. PL&WCo operates on a not for profit basis. Excess operating revenue is used to improve service or it is returned to the membership.