Tribes putting energy into economic development

AZBigMedia

AZBigMedia

Many tribes are looking for ways to diversify industry in their Nations or Communities. Knowing that the cost of utilities can be a deciding factor in business attraction efforts, some tribes have taken the innovative step of forming their own electrical, water, and/or telecom/broadband utilities.

Building utility infrastructure takes substantial capital investment and staff responsibility. While some tribes may choose to build some of their own infrastructure, others will negotiate a percent ownership in existing facilities, or in the case of electric utilities, purchase power from a third party. The latter two of these options enables small utility authorities to avoid the need to hire and maintain a large skilled staff and preserve precious capital for other needs.

READ ON:

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930