Pennsylvania Public Utility Commission

09/12/2024 | Press release | Distributed by Public on 09/12/2024 13:29

PUC 2023-24 Audit Investigations Identify Over $7 Million in Savings for Utilities & Pennsylvania Consumers

PUC 2023-24 Audit Investigations Identify Over $7 Million in Savings for Utilities & Pennsylvania Consumers

Published on 9/12/2024

Filed under: ElectricWater and Wastewater

HARRISBURG - The Pennsylvania Public Utility Commission's (PUC's) Bureau of Audits conducted audits and efficiency investigations of utility companies that identified $3.13 million in projected annual savings and $4 million in one-time savings.

The Commission voted 5-0 today to publish its fiscal year 2023-24 annual report on PUC management audits (MAs) and management efficiency investigations (MEIs), which work to identify efficiencies and savings for utilities, including potential improvements in operations, service reliability and safety programs.

Through MAs and MEIs, the PUC's Bureau of Audits plays a critical role in ensuring that utilities operate efficiently and safely. This review of utility operations not only identifies cost savings and potential improvements, but also strengthens service reliability and safety programs that directly benefit consumers and businesses. These reviews are essential in maintaining accountability and promoting long-term sustainability across the state's utility infrastructure.

During the 2023-24 fiscal year, the PUC's Bureau of Audits completed a MA of Pennsylvania American Water Company (PAWC), which resulted in 31 recommendations, of which 23 were fully accepted by PAWC and the remaining eight were partially accepted.

The Bureau of Audits also conducted a MEI of Duquesne Light Company, which evaluated the company's implementation efforts on 16 recommendations from the prior MA - determining that 14 of the prior recommendations reviewed had been effectively or substantially implemented and that the company had taken some action on the remaining two remaining recommendations.

About the PUC

The Pennsylvania Public Utility Commission balances the needs of consumers and utilities; ensures safe and reliable utility service at reasonable rates; protects the public interest; educates consumers to make independent and informed utility choices; furthers economic development; and fosters new technologies and competitive markets in an environmentally sound manner.

Visit the PUC's website at puc.pa.gov for recent news releases and video of select proceedings. You can also follow us on X (formerly Twitter), Facebook, LinkedIn, Instagram and YouTube. Search for the "Pennsylvania Public Utility Commission" or "PA PUC" on your favorite social media channel for updates on utility issues and other helpful consumer information.

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Docket No.: D-2024-3050815

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