Cooperative businesses, like United Power, are special because they are owned by the consumers they serve and because they are guided by a set of seven principles that reflect the best interests of those consumers.

Seven 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 policies and making decisions. The 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 equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members 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 & 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 & 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.

United Power was originally founded as Union Rural Electric. The cooperative was incorporated in October of 1938 through the efforts of 26 original founders. Dubbed Union Rural Electric by the original founders, the name came to describe the “united” efforts of dozens of farmers from Adams, Boulder, Gilpin, Jefferson and Weld counties. Roughly a year after the cooperative was incorporated, construction began on 300 miles of distribution line that would serve 750 customers. Power first surged through the newly erected lines on January 29, 1940.

In 1952, Union Rural Electric joined with 24 other rural electric utilities to form Tri-State Generation and Transmission Association. Exhibiting extraordinary foresight, the move guaranteed an adequate source of electricity for the coming years of growth. The partnership between Tri-State and United Power remains strong today, as power generation continues to be a key part of the rural electric quotient.

In April of 1990, the cooperative name was changed to United Power, Inc., a visible sign of a new, more powerful entity emerging in the electric industry. By November of the same year, United Power had added over 6,000 new customers with the acquisition of the Platte Valley Division. The Platte Valley Division encompassed the cities of Fort Lupton, Hudson, Keenesburg and the surrounding rural lands. The 1993 acquisition of customers in the city of Brighton fueled a second surge of growth, adding an additional 6,000 meters. In June 2021, the cooperative became just the 31st co-op nationwide to surpass the 100,000 meter milestone. 

*As of Dec. 31, 2022 (from 2022 Annual Report)