Case Study: Midwest Energy & Communications boosts efficiency and strategic planning with Synario

Industry-Leading Utility Company Increases Efficiency, Drives Growth with Synario

Midwest Energy & Communications (MEC), a rural electric, fiber broadband, and propane cooperative serving parts of Michigan, Indiana, and Ohio, needed a better way to model a complex business with multiple regulated lines of business. Relying on Excel made forward-looking multidimensional analysis, historical reporting, and variance analysis slow and disjointed, especially as MEC evaluated capital-intensive growth plans.

Using Synario, MEC gained a flexible multidimensional financial modeling platform that combines forward-looking projections with historical reporting and consolidated analysis across business lines. With Synario, the company confidently evaluated major broadband expansion projects, including a $20M southeast fiber build and a broader RDOF-backed expansion exceeding $150M, while assessing cash flow, loan covenants, and overall organizational impact. Synario helped MEC improve reporting consistency, visibility, and decision-making, enabling faster answers to Board questions and better strategic guidance.

Midwest Energy & Communications

Todd Crandall

CFO