Pampanga II Electric Cooperative Inc.

Pampanga II Electric Cooperative (PELCO II) is a non-stock non-profit electric distribution utility.It comprises a legal entity owned and democratically controlled by its members, with no passive shareholders. Unlike a union, a cooperative may assign different numbers of votes to different members; typically a cooperative is governed proportionally according to each member's level of economic interest in the cooperative. However, many cooperatives maintain a strict "one member, one vote" policy to avoid the concentration of control by an elite.