Jeffrey Press, Chief Revenue Officer of HData, recently attended the NARUC Winter Policy Summit in Washington D.C. where he engaged with over 1600 attendees and gained key insights into the energy regulatory industry. The event was an excellent opportunity for energy regulatory data professionals to discuss the challenges and opportunities of working with Federal Energy Regulatory Commission (FERC) Forms 1, 2, and beyond.
Let's explore the three main insights Jeffrey Press shared from the event.
Access to data is critical for rate case analysis and cross-country benchmarking
Regulatory data is a vital resource for energy regulatory data professionals, and access to it is critical. Jeffrey Press highlighted that attendees at the NARUC Winter Policy Summit validated this fact, and the importance of having access to data across FERC Forms 1, 2, and beyond was emphasized. With access to regulatory data, energy companies can conduct comprehensive rate case analysis, cross-country benchmarking, and gain a more in-depth understanding of the industry.
Tying data analysis back to specific forms is essential for citations and justifications
While many tools are available for data analysis, Jeffrey Press pointed out that tying those data directly back to the specific form as HData does is essential for citations and justifications. This process is especially critical for regulatory compliance professionals who must provide evidence and justify their findings. By tying data analysis back to specific forms, energy regulatory data professionals can provide comprehensive insights into policy questions surrounding transmission lines, making their work more accurate and efficient.
Regulatory data can offer tremendous value to attorneys, consultants, and higher education
The NARUC Winter Policy Summit attendees were wider than energy regulatory data professionals. Jeffrey Press mentioned that they had some incredibly insightful conversations with attorneys, consultants, and higher education professionals, who also recognized the value that regulatory data could offer. With access to data, these professionals can gain a deeper understanding of the industry and provide better guidance to their clients or students. Regulatory data is a valuable resource that has the potential to benefit a broad range of professionals.
At HData, we understand the challenges of working with regulatory data and are revolutionizing how the energy industry approaches regulatory data analysis. Our platform provides all the resources you need in one place, allowing you to focus on what's most important: making data-driven decisions to be a more efficient company. By providing access to regulatory data and tying analysis back to specific forms, we help energy regulatory data professionals conduct comprehensive rate case analysis and cross-country benchmarking, provide evidence and justification for their findings, and gain a deeper understanding of the industry.
In conclusion, the NARUC Winter Policy Summit was valuable for energy regulatory data professionals to discuss the challenges and opportunities of working with regulatory data. The insights shared by Jeffrey Press highlighted the critical role that regulatory data plays in the industry and the value it can offer to a broad range of professionals. At HData, we are committed to making regulatory data analysis more efficient and accurate.Sign up for a free HData account and start streamlining your work today. You can do that here >> https://lnkd.in/emuYYjgG