PowerPlan

Overview

PowerPlan is a United States-based company operating within the Business Services industry, specifically focusing on accounting services and computer software. Founded in 1994, the company employs between 201 and 500 individuals and reported revenue of approximately $213 million. PowerPlan's expertise is reflected in its published content, which primarily addresses the intersection of fixed asset accounting and utility ratemaking processes. A notable document discusses the importance of accurate fixed asset records in determining utility revenue requirements, emphasizing how classifications in the general ledger can influence customer service costs. The article outlines the rate-making process, which includes calculating operating costs, conducting cost allocation analyses, designing rates based on these costs, and obtaining necessary approvals from oversight boards. Additionally, it highlights common gaps in the retirement process of assets, particularly the challenges posed by siloed operations and accounting data. Overall, PowerPlan's focus is on providing insights and practical tips for optimizing financial processes in the utility sector.

Industry