December 18, from 3:00 – 4:30 pm ET via Zoom | Register Now
The rapid evolution of Software as a Service (SaaS), cloud computing, and artificial intelligence (AI) is transforming the electric utility industry, reshaping operations, customer engagement, and financial models. NARUC’s Regulators’ Financial Toolbox Webinar on Leveraging SaaS, Cloud Computing, and AI in Electric Utilities will introduce how utilities are deploying advanced software solutions and AI-driven analytics to improve grid efficiency, optimize asset management, and forecast demand more accurately. The panel will then discuss the complexities and challenges associated with the financial and regulatory implications of these technologies, with a spotlight on real-world case studies and lessons learned from early movers.
As utilities adopt cloud computing to handle the vast amounts of data generated, questions emerge about data privacy, cost recovery, and how these investments fit into the traditional rate base model. Additionally, the transition to cloud-based platforms and AI solutions brings upfront costs and ongoing expenses, raising critical issues for utilities, regulators, and consumers. Key topics will include evaluating the financial impact of these technologies on utilities’ capital and operating expenses, understanding how these changes may affect rate structures, and exploring regulatory frameworks for cost recovery and revenue assurance in a digital, data-driven energy landscape.
With insights from experts in finance, regulation, technology, and utility operations, this webinar will provide a practical overview of the opportunities and challenges that SaaS, cloud computing, and AI present to electric utilities. Attendees will gain a deeper understanding of how these technologies are shaping the future of energy, influencing regulatory decisions, and redefining financial planning and revenue models in the sector.