Utility Accounting Education Update
Here are insights to help keep you current in the Power and Utilities industry!
utilityeducation.com
December, 2022
This month’s issue: Tax credits from the Inflation Reduction Act, operating in an inflationary environment, and 3-point formula leads to budget harmony
The excitement never stops in the accounting world, so read on if these are of interest and/or forward to a friend! If not, submit some topics you’d like to see in this newsletter.
Tax credits for your next renewables project from the Inflation Reduction Act!
Wind turbines in the ocean
The Inflation Reduction Act of 2022 (IRA) has some hidden gems for public sector, electric co-ops, and tribal organizations. Here we discuss how your organization can participate in some of provisions that we generally equate to the private sector.
Is inflation denting you budget?
We are now in the midst of an economic period we have not seen since the 1970s and early 1980s. How can you manage budgets and employees in this environment?
The UAES article library covers introductory and advanced co-op, FERC, and utility accounting, developing electric rates, and financial management. We include practical examples you can use now in your electric cooperative or utility!
Budget harmony with the 3-point formula
Budget and harmony are two words don’t normally go together, but here are insights on how the 3-point formula can lead to smiles when allocating interdepartmental costs.
New to the Power and Utilities business? Here’s a course for new accounting and finance team members!
FERC Accounting 101 - Class 1 - Introduction to the FERC Uniform System of Accounts
Are you new to the electric business? What’s this thing call FERC that you need to know for accounting? Here’s an introductory course to get you started.
Thank you for your support and interest in best practices in accounting, developing electric rates, and financial management. The Power and Utilities Industry is the foundation for a vibrant economy and an integral part of our society!
Just for reading this far down the newsletter you’ll get 20% off a 12 month All-Access UAES membership! Just use the code Newmember20 at checkout!
Goal planning and a thought for the holidays….
“I’lI start next week, next month, soon, someday- How many times are you going to say someday before you actually do it? Don’t let fear get in the way, don’t make excuses-just do it.”
“You can tell a lot about a person by the way they handle three things: a rainy day, lost luggage and tangled Christmas tree lights.”