Quote:
Originally Posted by TheProfessor
From what I hear locally.
Most want the government out of most everything.
Are these same people now wanting the government to control/access/regulate this entity ?
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If you look at what these "regulated" companies charge for electricity, it's pretty easy to assume falling under the regulator's purview would not be good for our pocketbooks.
Boards provide oversite of CEOs and management actions. We are fortunate in that our cooperative can democratically influence the composition of the board, more so than share holders of a publicly held company.
I tend to agree with Leo, in that board members, especially in a co-op should have unfettered access to all information. Especially things such as purchase negotiations and contracts.
We are not developing space craft, rocket engines, AI or other things here. We are buying power from producers and selling it to ourselves. I can't fathom what "sensitive" information is. Customer info, such as ID and phone numbers can be easily assembled from address info readily available in the public realm. So that can't be it.
The funny thing here is that some of the biggest tech companies are open sourcing their intellectual property.
Open the records up to the board.