Public Power & Utilities

The public power and utility industry is complex and ever-changing. In order to successfully compete in this business sector, it is important to understand and anticipate changes as they arise.

Industry Challenges

  • Industry consolidation and ownership changes
  • Market structure
  • Taxation and accounting issues
  • High fuel prices
  • Retirement of many senior employees
  • Asset restructuring
  • Regulatory and environmental compliance
  • Alternative and renewable energy
  • Security of capital investments

Our Experience

Our industry professionals help public power and utility providers attain their strategic goals through the application of innovative, practical solutions and best practices. BKD understands the industry’s challenges and can provide professional expertise and support to help you stay abreast of the important issues and manage your operations.

Our solutions include:

  • Contract performance management audits
  • Software solutions
  • Federal and state regulatory change monitoring
  • Assistance with mergers and acquisitions
  • Assistance in effective communication of business performance
  • Valuations
  • Due diligence
  • International tax structuring
  • Management of investments through joint ventures

Kevin Kemp


Chad Moore


Kim Hamm


Rachel Dwiggins


Colorado Water Resources & Power Development Authority

“Contacting references was key in helping us make the decision to select BKD. Compared to the other firms who responded to our Request for Proposal, we determined that BKD had the knowledge and experience that we were looking for in a CPA firm to perform government audits.” “The Authority appreciates the consistency of BKD’s audit staffing. Not having to retrain new staff year-to-year on complex technical issues reduces the impact on our staff during the audit process.”

— Duane Dohrer, Controller
Colorado Water Resources & Power Development Authority
Denver, Colorado

Heartland Consumers Power District

“Heartland hired BKD, LLP after using a Big Four firm for many years. Heartland has experienced BKD’s commitment to excellence first hand and our Board of Directors and staff are glad we transitioned to BKD. BKD’s personnel have brought a level of utility experience, integrity, and professional demeanor at standards we did not experience before. BKD responds to our questions in a timely manner and openly discusses accounting treatments to ensure the best course of action is taken and accounting standards met. Heartland looks forward to a continued successful relationship with BKD and highly recommends them to anyone in the utility industry.”

— Mike Malone, Financial Operations Manager
Heartland Consumers Power District
Madison, South Dakota

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