“Oil and Natural Gas Production Drives Electricity Boom”

But all of this could present a risk for electric cooperatives. Energy goes through boom and busts. To serve the boom, you have to build lines out to remote locations. Costs run somewhere around 20 dollars a foot, that’s a hundred thousand dollars per mile. Back in the 1980’s, many got stuck with the bill when drillers went bankrupt. So now, they require payment upfront.

Read more at: kosu.org