• Fitch Ratings Study Finds that Cooperatives Must Adapt to Maintain Stable Credit Quality
  • May 18, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • 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.