The Purpose-Built Solution for Regulatory Analytics & Rate Case Support
Enabling the Complete Automation of Regulatory Analytics with Comprehensive Rate Case Filing support.
The PowerPlan Rates and Regulatory module offers a rich set of analytics and dashboards that track regulatory rates of return. With this advanced monitoring, management becomes keenly aware of how actuals compare to the rate case, allowing them to quickly make strategic adjustments as needed. PowerPlan Rates and Regulatory provides executives with the visibility needed to understand the effectiveness of current rates to help their companies completely recover costs. Special analysis can also help pinpoint “leakage”, like through inadequate AFUDC, or point to potential issues in the future, like retirement and cost of removal activity that is not consistent with actual asset lives and removal costs.
PowerPlan’s rich data and integrated asset accounting functionality drives the rate case process with automation, eliminating the need for complicated spreadsheets and manual processes that burden most regulated entities. The Rates and Regulatory module provides data structures specific to a customer’s regulatory accounts and includes robust mapping to the original source data. This gives customers drill-down reporting capabilities that create unique visibility into these accounts. In addition, the module includes a series of transformations that address regulatory adjustments, known and measurable adjustments, and specific jurisdictional methodologies (like for working capital or deferred taxes). Multi-tiered allocations are applied to the resulting regulatory ledger to produce results by jurisdiction, and each jurisdiction is configured with unique methodologies and adjustments. Special recovery riders and their associated costs are segregated as sub-jurisdictions. Allocations can be dynamic and provide for class cost of service in addition to jurisdictional cost of service.
To learn how the PowerPlan Rates and Regulatory solution can help reduce compliance risk and provide effective operational cost management, contact us at +1 770.859.0402 or at info@powerplan.com.
