Fitch Ratings Study Finds that Cooperatives Must Adapt to Maintain Stable Credit Quality
Posted on May 15, 2015 in Economic Downturn, Financing, Innovation/Efficiency, Rates, Renewable Energy, Technology | Comments Off on Fitch Ratings Study Finds that Cooperatives Must Adapt to Maintain Stable Credit Quality
A recent report by Fitch Ratings found that electrical cooperatives today face challenges created by changing technologies, slowing growth and changing consumer usage patterns. These challenges will require that cooperatives find ways to adapt if they want to maintain strong credit quality in the A to AA range. For example, one adaptation made by many cooperatives has been to decouple their revenue from customer usage and move to a flat rate model. Click here to read more.
