MWEC is a member-owned cooperative which means members are not only customers but part owners in the cooperative. This qualifies you for special rebates, rates, billing and payment options. Because MWEC is not a profit-driven company like an investor-owned utility, we can provide you with reliable electrical service at the best possible rate. Margins generated from the cooperative's operations are allocated to your account in the form of capital credits. On a periodic basis, these capital credits are retired and returned to you in cash.