Utilities

PYA provides a full range of tax, audit and assurance, and business advisory services for utility companies. With industry-specific knowledge and experience, our professionals help your company improve profitability, reduce tax liability, maintain regulatory compliance, and manage risk.

We support proactive strategies including guidance on claiming energy-related incentives (e.g., renewable energy credits, production tax credits, investment tax credits); optimizing depreciation schedules for utility infrastructure; pursuing tax-efficient financing; performing cost segregation studies; and managing tax implications of large-scale capital projects. We assist utility companies with federal, state, and local taxes (including excise taxes, environmental levies, and property taxes).

Our compliance and risk management services include audit and assurance, operational support, internal reviews, and external audit and litigation support services.

Our Utilities Services

Audit

  • Audits of Financial Statements 
  • Audits Under Uniform Guidance (Single Audits) 
  • Audits of Employee Benefit Plans 
  • System and Organization Controls (SOC) Examinations 


Assurance

  • Outsourcing or Co-Sourcing of Internal Audit Functions 
  • Reviews and Compilations of Financial Statements 
  • Debt Issuance and Compliance Monitoring 
  • Agreed-Upon Procedure Reports and Special Reporting 


Advisory

  • Internal Control Reviews and Risk Assessments 
  • New Accounting Standard Implementation 
  • Accounting Policy and Procedure Manual Development 
  • Forensic Accounting and Dispute Resolution 
  • Financial Due Diligence and Quality of Earnings Transaction Accounting Assistance 
  • Financial and Statistical Analysis 

  • Business Compliance Services 
  • Business Valuation 
  • Project Management 

Compliance 

  • Federal, State, & Local Income Tax Returns 
  • Real and Personal Property Tax Reports 
  • Quarterly & Annual Payroll Tax Returns 
  • Employee Benefit Plan Tax Returns 
  • Tangible & Intangible Property Tax Reports 
  • Sales Tax Returns 
  • State and Local Business Registrations and Applications 
  • Representation for IRS & State Examinations 


Tax Planning and Advisory

  • Income Tax Nexus Analysis 
  • Sales and Use Tax Exposure Analysis and Consulting 
  • International Tax Analysis and Planning 
  • Transaction Analysis & Planning 
  • Accounting for Income Taxes Under ASC 740 
  • Merger & Acquisition Analysis 
  • Financial Risk Assessments & Management 
  • Research and Development Credit Studies 
  • Energy Credit Studies 
  • Historic & Rehabilitation Tax Credit Studies 
  • Like-Kind or Reverse Real Estate Exchanges 
  • Entity Choice Modeling and Analysis 
  • Employee Benefit Modeling 

  • Monthly Accounting & Advisory 
  • Quickbooks Support
  • Financial & Operational Dashboard Reporting 
  • Tax Assistance & Planning  
  • Outsourced Controller/CFO Services 
  • Concierge Business Support Services 
  • External Audit Support Services 

Business Intelligence

  • Customized Data Analytics 
  • Dashboards and Visualizations 


IT Advisory Services

  • Comprehensive IT Assessments 
  • Cybersecurity Assessments 
  • IT Outsourcing Assessments 
  • Pre- & Post-Merger/ Acquisition IT Assessments


IT Risk Management & Compliance

  • Risk Management Program Development and IT Compliance Assessments 
  • Cyber Intelligence 

  • Business Valuation 
  • Financial and Compliance Due Diligence 
  • Quality of Earnings 
  • Divestiture Planning 
  • Buy Side and Sell Side Transaction Advisory
  • Purchase Price Allocation
  • Integration Planning and Project Management

  • Contract Disputes 
  • Fraud Investigations 
  • Damages Calculations & Lost Profits Analysis 
  • Expert Reports and Testimony 
  • Civil Investigative Demands 
  • Forensic Accounting & Investigations 
  • Government Investigations 

The PYA Difference

Over our 40-year history, PYA has consistently delivered high-value advisory services to our national client base. Our team is deployed to develop custom plans using proven approaches and work plans.

Independence

Private ownership means we answer only to our clients, not to third-party investors, giving us the freedom to be thorough and thoughtful in our work. We judge our success by our clients’ success.

Relationships

We value long-term relationships and work hard to maintain them. Our commitment to client relationships and the communities we serve remains constant.

Responsiveness

PYA has a reputation among clients for responsiveness. PYA's goal is to respond to calls and emails within 24 hours when possible.

PYA-Utilities-Industry-Advisors-Strategy-Consultants-Accounting-CPA-Experts

Contact Our Utilities Team

Team Leader

Mike Shamblin Headshot Mike Shamblin

Managing Principal of Accounting & Advisory and Firm Chief Risk Officer

Subject Matter Experts

Nina Eiler Headshot Nina Eiler

Principal, General Counsel, and Director of Litigation Support

Barry Mathis Headshot Barry Mathis

Managing Principal of IT Advisory Consulting

Jessica Scouten Headshot Jessica Scouten

Director of Forensic Services and Senior Manager

PYA
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