Case Studies
Electric Utility Implements the FERC Uniform System of Accounts
Locked into a Municipal Chart of Accounts, an Electric Utility was not able to property assess its financial situation and rates. We assisted in blending the FERC Uniform System of Accounts into the municipal software requirements.
Case Study - Designing Rates for Emerging Customer Classes
Designing distributed energy rates for solar customers is a part of a “routine” cost of service study. Here is a case study of how we assisted a client not only with DER rates, but began moving customer classes to their cost of service.
Case Study - Electric and Water Utility Shrinks the Number of Fixed Asset Records for FERC - Why?
Accurate fixed asset records can quickly become less accurate due to such factors as inefficient field processes, the flow of information from field crews to the finance department, and too many choices of fixed asset types. Inaccurate fixed assets lead to inequitable customer rates.
Here is a case study of one electric and water utilities’ recognition of problems in fixed assets and their path to a solution.
Case Study - Electric Utility Redesigns its Fixed Asset Process to Meet FERC, Leading to Better Rate Design
Don’t underestimate the value of sound fixed asset systems in power and utility organizations. Fixed asset depreciation is a component of customer rates and the return on ratebase, which can make up to 8% of a customer’s rate. Fixed assets that were accurate can become inaccurate and a problem area due to a lack of attention to changing business processes, workforce training and succession, and lagging technology.
Here is a case study of one electric and water utilities’ recognition of problems in fixed assets and their path to a solution.