Utility Accounting Education Update
Here are insights to help keep you current in the Power and Utilities business!
utilityeducation.com
June, 2022
If you are considering offering broadband services, go in with all the information you need to make a decision. Here's some insights based on real-world experiences.
Plus, our article on maintaining a bond rating will give you practical approaches in this rising interest rate environment.
Don’t Commit to Offering Broadband Services without a Feasibility Study
Fiber to the Home Deployment
Is your community or utility considering offering telecommunications services? With $65 billion of funds allocated for broadband grants in the 2021 Infrastructure Act, opportunities are available to make entry into these service areas more financially feasible. But, before jumping into this business venture, there is still due diligence that your community should do, just like starting in any new business. Here are insights based on real-life situations.
7 Major Costs in Providing Broadband Services
If your community or utility is contemplating establishing a telecommunications utility to provide services (cable tv, broadband internet, phone service), there are many considerations. This article scratches the surface of the details on the costs that will be incurred in proving telecommunications services. Here are the major 7 cost types.
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!
5 Ways to Improve Your Utility’s Bond Rating
The bond rating is a key measure of financial health. An organization can receive ratings from Moody’s, S&P, and Fitch. The bond ratings organizations use tools like the Moody’s rating scale to determine credit-worthiness. A high bond rating is key to maximizing cash flows. How do you drive a higher rating? With multiple interest rate increases on the horizon over the next two years, improving key metrics that Moody's, S&P, and Fitch analyze should be part of the utility strategy.
New to the Power and Utilities business? Here’s a course on industry basics - finance, operations, and regulation!
Welcome to the Electric Business
Are you new to the electric business and need to get up to speed quickly? This course gives a high level overview of the business - operations, finance, and governance. Be an expert!
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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!
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Final thoughts for this issue - Dream big!!
“If you can dream it, you can do it.”
“Never give up on what you really want to do. The person with big dreams is more powerful than one with all the facts.”