These days, utility managers face tougher financial
decisions than ever. Faced with the need to move
forward with capital programs in a period where
revenues are less certain because of reduced development
and declining use by customers, utility managers
can turn to proactive financial management to
identify a sound financial path forward. Using the
strategies of enhanced prioritization, strategic financial
planning, cost of service and rate studies, optimization
of operation and maintenance expenses,
and exploring outside funding, managers can reduce
their financial uncertainties and manage risk.
This article helps utility managers figure out
what their most critical activities are and presents
strategies that help identify reliable funding streams
so those endeavors can proceed. In this article utility
managers will find help coping with the more
complex financial climate most find themselves in
as well as case studies that show the benefits of the
strategies that are presented. Includes 4 references, tables, figures.
| Edition : | Vol. 101 - No. 4 |
| File Size : | 1
file
, 780 KB |
| Note : | This product is unavailable in Ukraine, Russia, Belarus |
| Number of Pages : | 7 |
| Published : | 04/01/2009 |
