A Large Integrated Utility Achieves Cost Reduction Through Risk-Informed Budgeting
A large integrated utility in the Southwest was challenged to limit electric rate increases to 2% per year and to further keep electric bills in the bottom 50% of all electric utilities in the state. With significant O&M cost reduction as the goal, the chief operating officer approached MCR for help. MCR identified a total of $15 million in O&M savings opportunities, enabling the client to meet its affordability goals.