Energy, environmental policy, and spending are shifting. While many had expected rapid action early on, some actions took longer than initially expected. Initiatives such as infrastructure spending depend on congressional actions and must be balanced with other legislative priorities, including tax reform and health care.
In addition, potential federal energy policy changes to support nuclear and fossil generation will continue to tangle with economic realities such as volatile gas prices and state-level policy activity. Staffing of political appointees and policymaking positions has proven to be another barrier to the initial rapid action anticipated by some utility observers.
The energy industry constantly faces the challenge of allocating resources to fulfill corporate business goals by deploying the most cost-effective strategy. ScottMadden Expert Regulatory Consulting and Regulatory Strategy Definition can help energy utilities deal with these challenges. As states assert their energy policy preferences in new ways, there is contested ground at the formerly “bright line” of federal/state jurisdiction. Although energy policies are being shaped, potential outcomes remain uncertain.
A regulatory strategy is a unique combination of experience and know-how that provides development options and strategic considerations and can foresee possible regulatory scenarios.
Our regulatory strategy consulting starts in the earliest stages and accompanies clients through the entire process, all the way to authorization. Our consultants can help identify critical decision points and milestones considering the regulatory landscape objectives, impediments, and precedents. Our consultants have a holistic approach that encompasses regulatory policy and strategy. Our experience and deep understanding of the energy industry are well-versed in assisting utilities in developing or updating energy policy services.
Potential policy changes vary by sector, as do their potential effects. At ScottMadden, we can assist you with rate design and regulatory policy services, including reclassifying customer rates, demand rates, weather normalization, prudence reviews, and consolidated tax adjustments.
ScottMadden consultants help energy utilities prepare and position themselves for ongoing transformation.
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.