Flathead Electric is now the second largest electric utility in Montana, ready for the challenges and changes of the 21st Century. But one thing hasnt changed. Were still neighbors; a local company owned by those we serve. A cooperative is a business owned and governed by its members. Providing electric service the cooperative way distinguishes electric cooperatives from investor-owned and municipal electric utilities. The business operates for the benefit of its members, rather than investors. Electric cooperative employees and board members are a part of the community the cooperative serves.