Capacity, clarity, cash and compliance: the 4 C’s of electric co-op funding success
Utility Dive · Aalap Shah ·
Compliance is where cooperative utilities tend to struggle the most, and the latest federal funding programs have introduced even tougher terms, writes Fedsprout CEO Aalap Shah.
Aalap Shah is president and CEO of Fedsprout, which helps electric cooperatives and utilities manage federal and state awards.
If you ask a lineman what it takes for a storm restoration to go well, the answer is usually not about having the right tools or truck. Quick restoration relies on good training, a plan before getting to the first pole and adequate back-office support.
Federal funding works the same way and the latest federal programs are demanding even more.
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