Governance
Oversight of your electric cooperative/utility is foundational to its success. Understanding the electric utility business, the business model and expectations, and financial reporting are the core skills needed by every person serving in a utility governance role.
The following modules provide the foundational knowledge for those new or long-term in serving in a governance role.
Topics include:
Electric Cooperative Financial Orientation—Balance Sheet
Electric Cooperative Financial Orientation—Operating Statement
Electric Finance Philosophies
Financial Status Correlation to Culture & Teamwork
Asset Purchases and the Balance Sheet
Business Plan Essentials
Planning for Industry Changes and Future Advancements
Operating Costs and Operational Plans
Debt Management and the Balance Sheet
Cooperative Capital Credits