RFG takes an all-encompassing approach to utility consulting while providing a uniquely tailored plan that suites each individual utility’s needs.
Utility Consulting Services
Projects, although similar, are rarely the same and require unique and distinct analyses. RFG believes a long-term strategic financial plan and consistent rate review is a necessity for the growth and success of utilities.
RFG supports municipal and investor-owned clients with services ranging from utility day-to-day consulting to in depth cost of service rate studies and multi-million-dollar utility financing projects. Projects have included:
- New construction
- Asset procurement and general rate design and rate implementation
The Planning Process
RFG’s approach is to determine the present needs and current financial position of the utilities, then to analyze the various goals and objectives to create a sound long-term strategic financial plan that allows our clients to achieve those goals and objectives. Historical performance, current climate, and future projections are coupled with the project goals to outline a detailed plan of action which may include, but is not limited to:
This process is then placed into the long-term strategic financial plan for determination of future revenue requirements and rate structure through means of across-the-board/cost-of-service rate studies. The implementation of this plan with the incorporation of the utility’s policies and goals, lead to the ability for RFG to not only meet but exceed expectations during the current project as well as the future.
- Evaluation of current extensions and replacements funding,
- Proper funding of depreciation,
- Evaluation of collection and treatment costs, and
- Review of revenues.