As states assert their energy policy preferences in new ways, there is contested ground at the formerly “bright line” of federal/state jurisdiction. Although policies are being shaped, potential outcomes remain uncertain.
Rate structures and regulatory frameworks are becoming more important than ever, and more complex. The number of rate cases filed each year by electric and gas utilities has consistently increased during the past decade. Some utilities are taking a more structured approach and re-engineering their rate case development processes. By doing so, utilities can dramatically improve the efficiency and outcome of future rate filings.
ScottMadden has extensive experience in addressing the strategic and operational challenges posed by energy regulation. We can help you with regulatory strategy development, rate case preparation and management, internal best practices assessment and process improvement, preparation for compliance audits, and more.
With that knowledge, ScottMadden’s experts can help you develop a rate strategy that equips you for the future.
In addition to organic growth from new products and services, economic development, and expanded use of energy through uses like electric vehicles, utilities are also seeking earnings growth through mergers and acquisitions of assets and companies. Electric and gas utilities continue to seek opportunistic acquisitions, especially in the rate-regulated utility and pipeline space.
At ScottMadden, we provide data-driven economic and financial advisory services for sell-side transaction management, synergy estimation, buy-side due diligence, valuation support, and testimony in support of transactions. Our team has helped structure, negotiate, and close transactions ranging in size from $10 million to more than $1 billion.
Electric markets remain unsettled, as environmental regulations and low natural gas prices continue to change the generation fuel mix and influence power prices. Low consumption growth and “duck curve” effects of increased solar and wind resources on the grid have created “peakier” supply and demand profiles. Conflicting approaches to federal and state policy in wholesale markets over renewables, baseload generation support, and greenhouse gas regulation have created a complex, sometimes blurred patchwork of rules and regulations governing the behavior of market participants. Traditional baseload or load-following generators face increasing financial pressure.
Distributed generation has emerged as one of the most important developments facing the industry. What was once thought of as a niche offering is now considered a viable, widespread solution and it continues to grow.
At ScottMadden, we work with clients to integrate alternative resources to meet their customers’ needs and regulatory mandates—all while maintaining a strong focus on the reliability of the grid—backed by our more than 35 years of experience.
A company’s warehousing strategy and inventory management approach are two of the largest drivers of supply chain performance and overall costs. Implementing an improved warehousing strategy has enabled some supply chain organizations to realize savings that equate to 10% to 15% of their total inventory value. Whether warehouse growth was the result of mergers/acquisitions or the expansion of services, many organizations have lost the balance between assets and service levels. Regaining the right balance represents an opportunity to drive significant cost reductions but must be done thoughtfully to avoid a negative impact on customers.
Aligning an environmental strategy with broader business goals can truly transform an organization.
For decades, ScottMadden has been helping companies, both large and small, with everything from integrating environmental issues into business processes and establishing environmental departments to developing an environmentally sensitive organizational culture and communicating environmental issues to customers—all to enhance their brand and protect the environment.
Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.