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.
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.
Apr 4, 2023
As more and more states heed global warning signs and set aggressive decarbonization goals, the energy transition is accelerating. In fact, there are currently 22 states, plus the District of Columbia and Puerto Rico, with 100% clean energy goals. (Source: Clean Energy States Alliance – see figure below.)
Mar 1, 2023
Many of you reading this article may feel like you are faced with a challenging choice, as you recognize and understand the implications of SAP's third-generation platform reaching the end of mainstream maintenance on December 31, 2027. But in Utegration’s experience advising utilities facing this challenge, this demarcation also provides an opportunity to improve, transform, and make our business ready for the next decade or more.
Feb 7, 2023
Many of you reading this article may feel like you are faced with a challenging choice. We all recognize and understand the implications of our SAP third-generation platform reaching the end of mainstream maintenance on December 31, 2027. But in Utegration’s experience advising utilities facing this challenge, this demarcation also provides an opportunity to improve, transform, and make our business ready for the next decade or more!
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.