Innovation is a key ingredient to the electric cooperative business model. Through direct consultation, information-sharing, conferences and workshops, the statewide association is both a resource and facilitator for local co-ops to be educated on professional standards.
Local co-ops consult KAEC professional staff for recommended standards and advice on a variety of business questions, including matters related to human resources, accounting, internal controls, and interpretation of federal and state requirements.
In the human resources field, examples of available expertise include recruitment, employee relations, compensation structure, employee development, and benefits. KAEC also provides advice on policies, procedures and processes.
Statewide finance and accounting professionals offer insights into recommended practices and specific updates on laws and codes to help local co-ops with rate filings, depreciation studies, interest rates and internal controls.