When it’s time for major business decisions regarding your engineering facilities and systems, you rely on experience with both business and engineering technical disciplines. We call on our deep engineering and construction teams across industries to work with you to prepare reasonable and reliable plans and cost estimates for new assets, asset modifications, mergers, acquisitions, expansions and consolidations.
We help you tackle large capital investments with confidence, ascertaining the technical and economic feasibility of a project and impact of a capital decision over a range of potential scenarios. We can integrate with your team to develop your capital asset plan. Or we can work independently to provide an independent, third-party review. Our team also analyzes an alternate set of scenarios, allowing a fundamental understanding of the risks to the project when the future differs from the expected cases. We evaluate your project to determine the return on equity, the internal rate of return, net present value, the impact on your company financials, the project’s cost-benefit analysis, and other financial metrics.
Once a project is deemed feasible, financing must be secured for it to become constructible. Our specialist team has served as the consulting engineer for large capital financings; our strong reputation with investment bankers, bond counsels, rating agencies, bond insurers and utilities can reflect well on your project. We prepare independent engineer’s reports and management and operation reports to support capital programs. We can evaluate your project’s technical and financial strengths to give debt and equity providers the confidence to participate.
Specialized Experience for the Utility Market
Most utilities face operating expense increases and substantial capital improvement program costs, frequently driven by customer growth, inflation, aging facilities, changes in supply and distribution system technology and regulatory requirements. The potential magnitude of these requirements places a high priority on financial planning and a focus on the utility’s financial resiliency and adequacy.
Our team routinely assists clients in charting an implementable financial path to meet funding needs. We have created complex financial forecast models and load forecasts, supported debt issuance through independent engineer’s reports, prepared utility cost-of-service and rate design studies, completed asset depreciation rate analyses, completed system valuations and appraisals, and have provided overall utility system financial consulting support for years. Our consultants have led complex strategic rate consulting assignments for investor-owned, cooperative and municipal utilities that cut across the utility business. We can assist you in addressing your financial planning and utility rate-related challenges.
We offer the experience and skills needed to successfully complete economic, financial and rate consulting studies, backed by a deep understanding of the financial realities faced by the utility industry.
Detailed Analyses for Rate & Fee Development
The ongoing pace of regulatory uncertainty and economic change is unrivaled in the utility industry. It requires experience and flexibility in strategy development and ratemaking. We have completed detailed analyses based on broad experience in forecasting, ratemaking, economics, finance and engineering.
Our experience in rate and fee studies includes work for electric, gas, water, wastewater, stormwater and solid waste utilities — investor-owned, municipal and cooperative utilities alike — and our financial and rate consultants are recognized authorities in their respective disciplines. We also provide public involvement support to help our clients structure meaningful outreach where needed to gain support from key stakeholders and the community.
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Adam Young Project Manager 816-822-3957