In anticipation of regulatory requirements, utilities should review and assess the current state of their operations and customer programs and evaluate how they can best position their business to reach a desired future state operation model that ensures a smooth transition as they integrate on-bill financing into their operations.” Michael Cwiok, Advisory managing director, KPMG LLP’s U.S. Credit Risk – Power and Utilities practice.
This and other insights are provided in this edition of the KPMG Global Energy Institute’s Plugged In. In addition to Cwiok, Kevin Mehta, Advisory director, also from KPMG LLP's U.S. Credit Risk -- Power and Utilities practice, explores how on-bill financing works and the key benefits and challenges utility companies should consider when considering an on-bill program.