Utilities

The provision of utilities around the world creates natural monopolies and as such providers will become subject to regulation in some shape or form. The regulation may not be as intense as in the UK, but the challenges of balancing regulation with financial stakeholders and customers' needs for lower bills are all consistent.

In facing these challenges utility clients will need:

• Clear strategic business plans that demonstrate customer and regulator demands are being met
• Effective asset management plans that show optimisation of asset use in the best interest of the customer
• Comprehensive understanding of operational expenditure and the critical drivers that must deliver value based performance
• Frequent tracking and benchmarking of all costs to show continual improvement in delivering value for money
• Continual review of internal business structure and organisation to match the changing demands of the utilities market.

At EC Harris we have a strong track record in delivering these needs for clients in the utilities sector. Great emphasis is placed on bringing best practice from all utility sectors to develop solutions that optimise value for our clients and improve their business performance.