
Mitigating Risks in Utility Ratemaking
Throughout their lifetimes, a vital activity for utilities is the periodic filing of rate cases. The key word here is “periodic,” as utilities may go several years or even a decade between rate cases.
The dramatic changes in the utility industry are continuing to transform the requirements being put on utilities, the work that utility do and how they perform their activities. This revolution comes on top of the natural evolution of a highly technology-focused industry that has historically deployed continuous changing tools, devices, and systems.
Many of these are highly integrated solutions that in addition to providing enhanced value, also add to ever increasing complexity of the utility operational technology landscape. Adding to the technological advances and the increased complexity of this integrated solution architecture, the various systems are aging and reaching end- of-life or requiring upgrades and investments in an uncoupled fashion.

