Energy

Our capabilities and offerings

Raftelis assists these public energy utilities with cost-of-service analysis and rate design, infrastructure and capital investment planning, strategic plan facilitation and development, operational performance assessments, organizational and staffing design, and communication and engagement plans.

Financial advisory services

Electric and gas utilities are under simultaneous pressure from aging infrastructure, evolving power markets, environmental mandates, and growing expectations from customers and elected officials. Managing financial health means balancing rates, long-term planning, and optimal funding sources, all at once.

Raftelis offers a broad set of financial advisory services including rate design and cost of service studies, financial planning, asset valuation, and debt issuance support. We bring deep ratemaking expertise alongside the financial discipline needed to develop a defensible revenue requirement, allocate costs fairly, and design rates that work for the utility and your customers. Our consultants stay current with innovative rate structures and the latest policy considerations so the work we deliver is industry leading.

Electric system planning

Municipal electric utilities face a convergence of pressures with few precedents: surging large-load interconnection requests, distributed energy resource integration, aging infrastructure, and revenue models built for a different era. Staying ahead requires sound technical analysis, clear-eyed financial planning, and strong system planning methodologies.

Raftelis supports clients through this transition with technical evaluation, power supply contract review, system modeling, and operational assessments. We translate complex technical considerations into actionable decisions so utility leaders can move forward with confidence.

Gas utility planning and policies

Natural gas utilities today face many strategic challenges. While responsible management of distribution system growth remains key, gas utilities also confront pressure around electrification policy, stranded asset risk, and evolving customer demand. Raftelis works with gas utilities to address both the near-term financial management of capital investment and the longer-horizon planning questions around the future role of the gas system.

Our work includes market analysis, financial modeling, capital payback analysis, and developing planning frameworks and policies that help utilities make informed, defensible decisions in an uncertain environment.

Operational performance assessments

Electric and natural gas utilities are continually challenged to improve operating performance across the organization while limiting cost impacts to customers. At Raftelis, we have a broad understanding of utility operations and the industry best practices that your organization needs to remain competitive in a fast-changing environment. Our experts apply proven methodologies to assess performance and identify opportunities for improvement through process redesign, procedure development, technology modernization, and organizational realignment.

Strategic plan facilitation and development

A well-crafted strategic plan considers and incorporates the financial, operating, and regulatory considerations of the utility into a clear set of goals and objectives to be achieved over a defined timeframe. To be effective, the strategic plan should create and communicate a clear vision for the utility’s leaders, workforce, as well as its customers and stakeholders who depend on it for their electricity and natural gas services. In support of your strategic planning initiative, Raftelis can conduct assessments of key planning topics, including environmental regulation, power and gas supply, workforce development, and other relevant considerations.

Infrastructure and capital investment planning

For electric and natural gas utilities, the need to invest in new assets, replace existing infrastructure, and perform other capital projects can be never-ending. Modernizing generation, expanding the distribution system, implementing the latest technology, and remaining current with facility needs all create demands for capital investment. Despite its importance, utilities often lack the processes, structure, and technology required to ensure adequate capital planning and delivery. Raftelis can help your organization with this critical segment of the business. Our consultants understand asset management and replacement, as well as how infrastructure needs impact cash and financing requirements.

For more information on how we can help your utility, contact Steve Courtney at scourtney@raftelis.com.

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Energy

Sector leaders

Our capabilities and offerings

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Let’s solve your next challenge together