Key takeaways

• The 2017 tax reform posed significant challenges for utility companies.

• Accurate modeling is crucial for understanding the impact of tax changes.

• Starting with a correct baseline is essential for accurate calculations.

• Proactive preparation can mitigate surprises during tax law changes.

Timestamps

00:00 Introducing Scott!

02:56 The Impact of 2017 Tax Reform on Utilities

05:48 Understanding the Complexity of Rate Changes

09:07 Modeling Approaches for Rate Changes

11:55 Inputs and Methodologies in Tax Modeling

15:12 Advantages and Disadvantages of Modeling Approaches

18:06 Key Considerations and Gotchas in Tax Modeling

20:57 Consolidated Rates and Their Challenges

24:04 Ensuring Accuracy in Forecasting Results