Power & Utilities

US Power & Utilities industry

The pace of change in the utilities industry has increased substantially. You are trying to balance the tough economic environment, it’s difficult getting access to capital, you’re facing rising costs and environmental concerns around future demand.

For the first time in many years, a large percentage of utilities are filing for rate increases. The combination of rising costs, expiring rate caps and increased capital investment requirements are driving these filings. Equally important is that you are focused on new generation to meet demand across all sectors, and strike the right balance to ensure environmental compliance. New generation will be a key driver to ensure consistent customer service and to drive shareholder value.

PwC provides assurance, tax and advisory services to the utilities industry. Using our deep industry experience, we help top utilities gain operating efficiencies across the business value chain, from fiscal integrity and regulatory issues to increased customer service and talent management. PwC professionals have a genuine passion for the utilities industry and are committed to solving your most pressing challenges.

We can help you act quickly and decisively to address critical, short term challenges created by the credit crisis, such as cash forecasting, liquidity, and funding sources, while at the same time taking action on working capital, cost reduction, capital management and credit exposures that are necessary to deal with the economic slowdown.