COST OF SERVICES STUDIES, RATE DEVELOPMENT DESIGN AND ANALAYSIS
M&A
and its consultants have performed numerous engagements dealing with cost of
service and rate design for all types of utilities, both public and private.
Extensive
analysis and testing of alternative rate designs has also been performed.
Alternative rate designs have been developed and tested to determine the
viability of implementing such alternatives and to determine their impact on
revenue stability and usage.
PRUDENCY REVIEWS
M&A
has performed prudency reviews pertaining to additions to plant in service.
These engagements have focused primarily on the need for power.
SPECIAL STUDIES
M&A
and its consultants have been involved
in several challenging engagements dealing with various specific special issues.
These engagements have included:
 |
Long-Term Energy Plans |
|
Privatization
of National Energy Systems |
|
Assessments
of the Economic Viability of Nuclear Generating Stations |
|
Assessment of the Rate Base Impact of Commercial Operation of Nuclear Generating Stations |
MEETING THE INDUSTRY’S NEEDS: OUR SERVICE CAPABILITIES
Services
to our public utilities clients include:
|
Regulatory proceedings Regulatory research and strategic planning, expert testimony on rate base determination, need for power, general rate design as well as on management decision-making and prudency.
|
|
Bond Refinancing |
|
Need for Power |
EXPERIENCE IN NON-REGULATED BUSINESSES
We
have served independent power and co-generation clients involved in the acquisition, development
and operation of power plants.
We have provided
assistance to clients involved in unregulated energy marketing activities,
including bypass pricing, market structures, market timing and stranded
investment assessment.
INDUSTRY
CONFERENCES SEMINARS AND COURSES
M&A
provides customized courses for specific utilities around the country. New legislation, regulatory policies market and financial
analysis, and demand forecasting are typically the focus of these presentations.
Other examples of our industry programs include:
|
Stranded Investment |
|
Utility
of the Future |
|
Forecasting
Techniques |
|
Finance 101 |
PRIVATIZATION
M&A
is on the leading edge in assisting clients the concept of infrastructure
financing alternatives. Our assistance to public and private sector clients includes
financial feasibility studies, identification of areas that could be privatized,
review of proposals, strategic planning, restructuring and assistance in
developing contracts and rates for services.
M&A
and its consultants provides assistance in a variety of areas:
|
Strategic,
market, and business planning |
|
Market
assessment |
|
Pricing/Rate
making |
|
Organization
and operation improvement analysis |
|
Merger/acquisition/leveraged
buy-out consultation |
|
Capital
market access |
|
Financial
engineering and valuation |
|
Financial
analysis/planning |
|
Risk
Assessment and mitigation |
Additionally,
M&A has worked with numerous clients in regulated industries on the
enhancement of strategic planning processes and business strategy development.
Furthermore, M&A is constantly analyzing emerging issues and their
potential implications for strategic planning and business strategy.
Examples of emerging issues affecting the utility industry, which have
been evaluated by M&A, include diversification, shareholder value creation,
technology assessment, and deregulation. These
analyses provide a solid foundation for assessing the implications of the issues
on the strategy formulation and implementation activities of our regulated
industry clients.