There’s no shortage of data in the utility industry. What is in short supply are experts who have the insider knowledge to help utilities thrive in the future by unlocking the full potential of their data today.
As the only full-service SAP consulting and solutions company focused exclusively on utilities, Utegration can position your company to capitalize on advances in artificial intelligence, machine learning, smart grid technologies, IoT, and the future of customer experience.
Sep 27, 2023
Utility and energy companies are under increasing pressure to begin their business transformations. As more companies plan their roadmaps to SAP S/4HANA, streamlining financial planning and budgeting should be top of mind.
Effective financial planning is crucial for long-term business success and to meet sustainability goals. The need to make informed business decisions, allocate resources wisely, and adapt to changing market conditions has never been more important.
Jul 11, 2023
The momentum in the industry is undeniable. Utilities are seeking to update business models to become more digital, more agile and more efficient.
Apr 26, 2023
Utilities are facing investment headwinds from high interest rates caused by inflation that could derail decarbonization efforts. But there is a path forward to realize net-zero goals while keeping a steady flow of funding sources to finance the transition to renewable energy.
Dec 22, 2022
2022 was a year filled with milestones and achievements thanks to the dedication our associates at Utegration have shown to the #OneTeam mantra. Here at Utegration, we have so much to be grateful for that we gathered a list of the 22 highlights, achievements, and moments we feel overwhelmingly appreciative of.
Nov 15, 2022
The Federal Energy Regulatory Commission (FERC) is planning a major modernization of the Uniform System of Accounts (USoA) to encompass renewable energy and electricity storage.1 Changes to the accounting numbers is a rather rare event. The last update was almost a decade ago. So it’s important to understand how a revision could affect utilities and their rate recovery processes.
Aug 5, 2022
The year 2022 is shaping up to be one of rising interest rates following near zero rates during the pandemic. The implication for pure-play regulated utilities is increasing borrowing costs for construction of new assets to the rate base. As interest rates rise, utility income will be hurt by higher debt financing because utilities compete for capital from bond investors who are attracted to rising yields. And higher debt service costs lowers returns to shareholders, at least in the short term.