The Power & Utilities sector is at the forefront of the global energy transition, tasked with delivering reliable and affordable energy while undertaking a multi-trillion-dollar modernization of the grid.
SMAART Company provides specialized utility finance consulting, regulatory advisory, and risk management to help your utility navigate this complex environment, ensuring you can focus on powering communities and building a resilient, sustainable future.
Our team of experts helps you build a robust financial strategy that supports massive capital investment, streamlines regulatory financial reporting, and optimizes your performance in a time of structural change.
Operating a successful utility requires a delicate balance between massive infrastructure investment, stringent regulatory oversight, and evolving customer demands. Without a sophisticated financial and regulatory strategy, utilities face significant challenges:
Massive Capital Investment & Grid Modernization: The need to upgrade aging infrastructure, improve grid resilience against extreme weather, and integrate smart grid technology requires enormous, long-term capital expenditure and meticulous financial planning.
Complex Regulatory & Rate Case Management: As regulated entities, utilities must navigate complex proceedings with Public Utility Commissions (PUCs) to justify investments and recover costs. An unsuccessful rate case can severely impact financial health.
The Energy Transition & Asset Management: Managing the shift to renewables requires financing new solar, wind, and battery storage projects while simultaneously planning for the depreciation and retirement of legacy fossil fuel assets and their associated costs.
Operational & Cybersecurity Risks: As critical infrastructure, power grids and utility systems are targets for cyber-attacks. We help you model and plan for the significant financial impacts of mandatory compliance with standards like NERC CIP.
Integrating Distributed Energy Resources (DERs): The rise of rooftop solar, battery storage, and electric vehicles creates new challenges for grid stability and revenue models, requiring innovative financial and operational solutions.
SMAART Company helps utilities manage these high-stakes variables with deep industry expertise and strategic precision.
We serve a wide range of organizations across the Power & Utilities landscape, including:
Investor-Owned Utilities (IOUs) managing large-scale operations, shareholder expectations, and complex filings with FERC and state PUCs.
Public Power Utilities & Electric Cooperatives balancing the needs of their communities and members with the requirement for long-term financial sustainability.
Independent Power Producers (IPPs) navigating Power Purchase Agreements (PPAs), wholesale market volatility, and project financing for generation assets.
Transmission & Distribution (T&D) Companies focused on the unique financial challenges of maintaining and expanding the “wires and pipes” of the energy grid.
Water & Wastewater Utilities managing capital-intensive infrastructure projects and the specific rate-setting and regulatory requirements of the water sector.
At SMAART Company, we understand the unique position of utilities as providers of essential services operating in a complex regulatory framework. Our industry-specific focus means:
We Know Utility Finance: We are experts in rate base accounting, cost of service studies, and the financial models required to support multi-billion-dollar capital projects.
We Speak Your Language: We provide financial support for FERC/PUC filings and understand the implications of grid resilience, Asset Retirement Obligations (AROs), and stranded costs.
Specialized Audit & Regulatory Financial Support: We provide expert documentation and financial modeling to support your teams during regulatory audits and rate case proceedings.
We Build Scalable Financial Systems: We help you manage the long-term financial lifecycle of capital-intensive assets, from initial investment to eventual decommissioning.
We Help Manage Compliance Costs: We understand the significant financial implications of standards like NERC CIP and help you budget and track the associated costs.
Utility & Regulatory Accounting: Support for FERC Form 1 data preparation, Uniform System of Accounts (USoA) mapping, and providing audit-ready workpapers for your teams.
Tax Planning & Filing for Utilities: Strategic advisory on complex issues like normalization vs. flow-through accounting, repair regulations, and maximizing renewable energy tax credits.
Rate Case Support: We prepare cost-of-service studies, rate base schedules, and financial exhibits to support your filings with state PUCs and FERC, and coordinate with your regulatory counsel.
Capital Project Financing Advisory: End-to-end support for securing funding for new power plants, transmission lines, and grid modernization projects.
Risk & Compliance Advisory: We model the financial impact of compliance with NERC CIP, EPA, and state rules, and help budget, track, and report the related capital and O&M.
M&A Due Diligence & Valuations: Performing comprehensive financial due diligence for utility mergers, asset acquisitions, and PPA analysis.
Utility leaders should be focused on delivering safe, reliable, and affordable service to their customers—not on wrestling with regulatory filings or complex financial models. With SMAART Company as your partner, you can navigate the energy transition with confidence while we handle your financial infrastructure.
Every utility faces a unique set of challenges and opportunities. Let’s build a utility finance consulting plan that matches yours.Whether you need financial exhibits for a rate case, help financing a grid upgrade, or full back-office support—we’re ready to assist.
We provide comprehensive financial support by preparing the necessary cost of service studies, rate base calculations, and financial exhibits required to justify your filing to regulators.
We provide end-to-end support, from creating bank-ready financial models that project long-term cash flows to performing due diligence and helping you secure capital from the market.
A specialist understands the unique accounting principles (e.g., FERC Uniform System of Accounts) and tax rules that govern utilities, ensuring your financial data is compliant and optimized for cost recovery.
Yes. We specialize in creating financial models that analyze the long-term costs and benefits of the energy transition, including stranded asset costs and the value of new renewable investments.
It begins with a consultation to analyze your current operations, capital plans, and regulatory environment. From there, we design a tailored service package to address your specific needs.
