Operational Reviews, whether their for an electric utility or a water utility, are necessary on monthly and annual basis. Because of the complexity of the industries, one has to look at the complete revenue stream and compare it to all the different operating costs to determine if there is adequate revenue being collected.

With the use of a good accounting system utilizing capitalization of new equipment and the establishment of a depreciation process, one can assure that adequate funds are available for future replacement of equipment when the equipment reaches the end of its useful life.

Operational Planning is the key component of any utility. Utilities need to plan for increased demand for service by new and existing customers. State and Federal regulatory bodies add to the complexity of this process with each new regulation. From energy and water conservation, to meeting the needs of future growth within your service territory, planning is the key element to the future success of your utility.