Utility Accounting & Tax Advisory

Utility Accounting & Tax Advisory

Utility Accounting & Tax Advisory

Achieve your objectives and goals with leading best practices and tactical action plans.

Our Expertise

Decades of experience working in all areas of Utility Fixed Asset Accounting and Tax across almost every large utility in the United States.

RCC provides a suite of critical services to the regulated industry and does it better than anyone else…

Yelena Veisman, Senior Manager of Tax Systems and Technology, WEC Energy Group
RCC Team Chatting Outside

Getting immediate advice is as simple as calling the experts who have spent their entire careers solving these challenges.

Our team is armed with knowledge on leading practices of how utilities across the country solve common challenges that exist for Utility Asset Accounting and Tax departments and develop strategic goals for our customers and tactical action plans to achieve those objectives. Over the years, we’ve formalized this assessment effort and developed project accelerators so that within 6 calendar weeks, your team will participate in workshops, receive key identified issues, detailed recommendations, strategic prioritized roadmap with key business stakeholders, and an actionable work-plan to implement these recommendations.  

This objective, comprehensive and efficient review of your Fixed Asset and Tax departments is a unique offering that only RCC’s experts can provide and has been proven many times to lead to transformative value for our customers.

Fixed Asset Accounting

  • Financial Transformation Strategy and Execution
  • Month-End Process Support and Optimization
  • Plant Closing Backlog Mitigation
  • Cost of Removal and Retirement Tracking
  • Asset Retirement Obligation (ARO)
  • Capitalization Policy Guidance and CPR Alignment

Tax Accounting and Compliance

  • Tax Depreciation
  • Deferred Income Taxes
  • Tax Provision
  • Tax Basis Balance Sheets
  • Property Tax
  • Calculations of Tax Repairs and Other Tax Basis Adjustments
  • Audit Remediation

Budgeting and Planning

  • Cost Management Best Practices
  • Budgeting and Forecasting Strategy
  • Forecasting Overheads and AFUDC
  • Forecasting Tax Depreciation, Deferred Taxes and Book-Tax Differences
  • Reporting and Analytics Support

Rates and Regulatory

  • Rate Case Management
  • Revenue Requirement Support
  • Interrogatory Data and Process Support
  • Policy and Strategy Development
  • Business/Revenue Planning
  • Tariff Rider Mechanism Design
  • Tax normalization history and treatment

A comprehensive assessment of:


  • Data quality


  • Systems & technology


  • Business processes 


  • Organizational alignment of the department and training

Resources

Take charge of your Utility Tax and Accounting Modules

Woman at Laptop

This is the resource you need for tax assessment.

The Difference

What makes us different

  • Laser focused on utilities

  • Unmatched experience

  • With you from start to finish

Utility accounting and tax advisory consultants

Our experts are ready to find opportunities for improvement specific to your company and systems.

Lonnie Bruns

[email protected]

Panpilas Fischer

[email protected]