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Public Utilities 

Your Issues Matter to Us

Domestic deregulations, diversification, increasing demands for supply, and globalization have all led to new opportunities—and new challenges—for Canadian power and utility companies. To be successful in this environment, companies should remain resilient, innovative, and focused.

Public Utilities

Capital expenditure projects often represent multi-billion dollar investments; couple this with long project timelines and remote locations, and many projects limit the sector’s ability to bring new supply on-line while within budget. There is a need to analyze current risks, review governance frameworks, implement controls to mitigate risks, and monitor the quality of information provided to project owners. Only then will the Power & Utilities industry be able to meet the growing energy needs of the world.

 

We Tailor Our Approach

At KPMG, we serve organizations involved in all aspects of the Power & Utilities sector— from generation and transmission, through to distribution and retail. Our Power & Utilities professionals understand the sector's unique and ever-changing issues, which affect the entire industry—from the largest generators, to the smallest independent power producers. These factors also apply to municipal or provincially-owned transmission and distribution companies.

 

Some of the areas we have assisted our Power & Utilities clients with include:

 

  • Creating sound public-private partnerships to meet increasing demands
  • Uncovering ways to help reduce the tax burden
  • Mitigating external risks by helping implement solid internal controls and examining business continuity strategies
  • Providing thorough due diligence with input from our global network of professionals
  • Accessing capital to make improvements to the aging infrastructure
  • Identifying and implementing cost optimization approaches
  • Implementing and converting to International Financial Reporting Standards (IFRS).

 

Our Edge

At KPMG, we bring context and perspective to our clients, providing practical ways to help them cut costs, improve processes and technologies, and enhance their market focus to stay ahead. KPMG further supports the Power & Utilities sector with a number of Centers of Excellence across the globe; the Calgary Center is one of 11 worldwide.  These centers focus on developing insights and supporting initiatives within the industry. We bring these same insights to all the services we provide.