Power and Utilities

Charging the utilities of the future

As the power and utilities sector transforms, the future holds immense opportunity. With over 300 years of combined industry expertise, our team is committed to helping you unlock new opportunities for growth and operational excellence.

As the sector undergoes rapid transformation, driven by key factors such as decarbonization, decentralization, digitalization and democratization, we’re here to turn these challenges into powerful catalysts for innovation. By helping you develop forward-thinking strategies, drive productivity and manage risks, we help you stay ahead of the curve, create lasting value and take advantage of opportunities created through the energy transition.

Whether you’re advancing sustainability, embracing digital transformation or improving customer engagement, we help you lead the way with confidence, enabling competitive advantage in today’s dynamic landscape.

Our approach for a brighter future

In today's quickly changing energy landscape, resilience is crucial for power and utilities organizations. Our team helps redefine resilience by addressing evolving threats such as cyber risks and natural disasters. Our strategies focus on powering uninterrupted service and protecting communities during critical times.

Achieving a balance between high-quality utility services and affordability is essential as utilities transition. We help organizations improve productivity and manage operational costs while investing in sustainable infrastructure. We provide strategic frameworks that help maintain financial stability and enable services to remain accessible to all. Our approach focuses on creating a roadmap for sustained affordability while leveraging fit-for-purpose digital solutions, including artificial intelligence (AI), allowing utilities to advance their customer offerings without compromising on cost-effectiveness.

Our expertise helps organizations navigate transformation, enabling them to prepare for the challenges and opportunities of tomorrow. We help organizations strategize and implement changes to their core capabilities that redefine their role in the communities they serve as the energy transition unfolds. By adopting forward-thinking approaches, utilities can reinvent their business models and shape the future landscape, remaining relevant in the face of new entrants and disruptive competition.

Our Power and Utilities services

Redefine resilience in the face of evolving threats, from cyber risks, changing team demographics to natural disasters. We work with organizations to develop groundbreaking strategies to enable uninterrupted service and safeguard communities when they need it most.

Our areas of expertise

  • Information technology (IT) cyber
  • Operational technology (OT) cyber
  • Crisis
  • Workforce of the future
  • Cloud and AI
  • Sustainability

Navigate regulatory changes and financial complexities with confidence. We empower organizations to adapt to evolving regulations, enabling compliance while improving strategy and financial performance.  

Our team offers comprehensive support in regulatory, financial, and assurance services, enabling organizations to make informed decisions and mitigate risks.  

From policy changes to financial outcomes, we provide tailored solutions that enable you to make the best use of your capital and operating investments and to maximize your returns. 

Our areas of expertise

  • Accounting and regulatory advisory 
  • Deals

The future of operations in the power and utilities sector hinges on safely increasing availability and productivity through effective asset management and digital transformation. We guide organizations through transformation by combining advanced technologies, including AI, with streamlined operations strategies. As organizations move towards decarbonization and cleaner electrification, we help operations become future-ready, resilient and optimized for long-term success.

Our areas of expertise

  • Asset management
  • Workforce digitization
  • Workforce of the future
  • Cloud, data and AI
  • Fit for growth
  • Finance transformation
  • HR transformation
  • SAP and Microsoft

Navigate capital projects and energy deals with expertise and precision. Our team provides comprehensive support, from laying a strong foundation for projects to offering real-time monitoring and risk assurance throughout their life cycle.

We help organizations improve project portfolios, meet objectives and increase value. Specializing in renewable energy and infrastructure modernization, we enable organizations to achieve growth, control costs and manage risks, delivering long-term, impactful results.

Our areas of expertise

  • Deals
  • Real assets (capital projects and infrastructure)
  • Accounting and regulatory advisory

Make strategic technology choices to drive transformative performance improvement. We deliver tailored solutions to modernize IT/OT systems, enhance operational efficiency and drive innovation.

Our capability-led approach supports the evolution of utility grid management, enabling integration of digital and cloud assets and market orchestration. We help organizations future-proof IT and business operations, enhance technological capabilities and navigate the evolving energy, cloud, AI and technology landscape for long-term success.

Our areas of expertise

  • Technology strategy and transformation
  • Cloud, data and AI
  • Back-office transformation
  • Key alliance partners: Amazon Web Services (AWS), Google Cloud, Microsoft, Oracle, Salesforce, SAP, Workday

Strategize and help evolve the power and utilities sector by embracing customer centricity, enhancing your grid, adopting sustainable practices and redefining your business model and role in the communities you serve.

Our areas of expertise

  • Sustainability
  • Strategy
  • Grid modernization
  • Customer transformation
  • Business model reinvention

Contact us

James McLean

James McLean

Partner, National Utilities Leader, PwC Canada

Tel: +1 403 614 1470

Andrea Roszell

Andrea Roszell

Partner, Utilities Energy Transition and Transformation Strategy, PwC Canada

Tel: +1 647-973-6656

Imran Merali

Imran Merali

Partner, Customer Experience and Digital Transformation, Energy and Utilities, PwC Canada

Tel: +1 416 721 2306

Ian Watt

Ian Watt

Partner, Power and Utilities, PwC Canada

Derek Chu

Derek Chu

Partner, Energy Transition, M&A and Capital Raising, PwC Canada

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