Energy & Utility
Energy and utility companies are subject to a myriad of Federal, State and International regulatory agencies. They can be multi-national in scope (e.g., NERC/FERC) or local in nature (e.g., Alberta, Canada’s EPAP and AESO regulations).
If it is a public utility, it is subject to the same ICFR requirements of any other public company (e.g., SOX in the US or Bill 198 in Canada). Government utilities may or may not be subject to the same requirements depending upon whether they have public debt. Add in the regulations specific to the TYPE of energy company it may be (oil vs. gas vs. electric), and an entirely different compliance framework may be required.
Trying to manage the various requirements for maintaining adequate monitoring, attestations and certifications within a spreadsheet environment is both time-consuming and potentially outside acceptable risk parameters. The penalties that regulatory bodies can impose for what at first appears to be minor infractions of these requirements can be onerous on a daily basis.
DoubleCheck™ is relied upon by Electric Utilities, Natural Gas providers and integrated Oil/Gas Producers.
If you are seeking a solution for your energy and utility company that can be configured to meet your specific needs without undue development and implementation costs, please fill out the form to the right and we will be happy to speak with you.
Key DoubleCheck Energy & Utility Clients Include:
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