It doesn’t take a crystal ball to know that this is a rough and uncertain time. While no one ever knows how the future will unfold, the severity of today’s economic crisis lends a particularly sobering quality to these unknowns.
In the electric industry, this uncertainty creates substantial challenges. This is a notoriously capital‐intensive industry – whether the funding goes toward power plant investments, transmission or distribution facilities, large‐scale adoption of metering equipment, or installation of large numbers of new solar panels on building rooftops. Capital is committed by many entities including competitive generators, utilities and others. Regardless of who provides it, capital requirements can be daunting.