Which component is commonly involved in cost-sharing agreements between utilities?

Cost-sharing agreements between utilities typically involve structures, as these can include various physical installations like poles, towers, and related infrastructure that are crucial for the distribution of electricity. These structures often require significant investment, and when utilities work together to share costs, it allows for more efficient use of resources and minimizes redundancy.

While substations, transformers, and switchgear are essential elements of electrical systems, structures often represent the foundational physical assets that support the entire network of utility services. Collaborating on these can also help utilities balance load demand and enhance reliability without duplicating infrastructure, ultimately benefiting both parties through reduced costs and improved service distribution.