REGULATORY COMPLIANCE REPORTING
Transmission & Distribution Regulatory Reporting
Utilities face many regulatory filings to seek funding for programs, and to meet compliance reporting requirements. These regulatory filings often require data sourced from disparate functions and manual data sources within a utility that require a high-level of effort to be collected, aggregated, validated and presented in reports and can be fraught with data accuracy issues.
Global Power Consulting helps utilities automate pulling together the critical inputs from disparate data sources to help operational, legal and regulatory organizations to draft, review, and produce business cases, operating plans, and cost and benefits analyses critical to successful regulatory filings and funding requests.
We meet a utility’s challenge to:
- Develop processes and procedures to automate gathering of critical and timely data for regulatory agency reporting.
- Design methodologies to drastically improve reporting accuracy
- Design decision making process methodologies
- Design budget, spending and project prioritization / re-prioritization methodologies
- Automate the reporting process and accuracy validation
Reporting Data Quality & Accuracy
Regulatory inquiries into the operational performance and margins of safety are the daily challenge for a gas and electric utility business. Global Power Consulting helps build the reporting system required to collect, review, input and calculate a massive amount of asset information and data into a single set of reports for a national agency level review and approval.
We meet a utility’s challenge to find, collect, aggregate, clean and prep data for upload into downstream systems for operational analysis, analytics, and reporting. The results have helped clients maintain their reputation of trust and customer service when subjected to internal, external, and commission regulatory audits.