Railroad electrification in the United States faces financing challenges, not technological limitations. Investor-owned carriers have not pursued electrification due to unattractive financing options. The paper suggests forming a consortium to gather funding, with engineering services and utility companies sharing financial risks. Recent rail system mergers and surplus railroad cars create a favorable environment for capital investment in high-density routes. Utility companies may be more willing to sell power directly to electrified rail lines. These strategies could lead to successful financing of railway electrification.