Depreciation Workbench

Optimize your asset management and cost recovery with our advanced depreciation tools.

Our solution empowers utilities, state and federal commissions, and industry consultants to:

  • Calculate annual depreciation rates using industry accepted methods.
  • Forecast service life of plant assets based on Iowa Curves commonly relied on by U.S. utility regulators.
  • Analyze impacts of changes to depreciation parameters with multi-case analytics.
  • Generate comprehensive depreciation study reports.
  • Prepare depreciation accruals to include expected salvage and removal cost.

Key Features:

  • Depreciation Analytics

    Our platform allows you to perform SL depreciation and amortization calculations using industry-standard methods such as equal life and average life group techniques. These methods, commonly employed by US utility regulators, ensure that your depreciation practices remain consistent with regulatory requirements and best practices. The tools provided help you analyze the impact of different depreciation parameters, allowing for comprehensive and accurate financial planning.

    Additionally, the platform includes powerful case comparison tools, enabling you to compare two sets of depreciation assumptions side by side. This feature allows you to assess the financial impact of different scenarios, helping you make informed decisions about the most appropriate depreciation strategy for your assets.

  • Survivor Curve Fitting

    The Depreciation Workbench comes populated with advanced algorithms specifically designed to fit Iowa Curves, a standard in the industry. Modern graphical renderings within the workbench allow for effective visual curve fittings, enabling you to seamlessly match standard Iowa Curves to observed life data, ensuring precise and reliable depreciation estimates.

  • Automated Reporting

    Streamline your regulatory compliance efforts with our automated reporting functionalities. These tools ensure that your submissions are timely and standardized, reducing the burden of manual report generation. With automated alerts and predefined templates, you can maintain compliance with confidence, focusing on strategic tasks rather than administrative details.

  • Collaboration

    The Depreciation Workbench facilitates seamless collaboration by allowing users to share projects with multiple layers of user rights. This functionality enables teams to work together effectively, with customizable access controls ensuring that each user has the appropriate level of access to project data and tools. Whether you are working with colleagues, clients, or stakeholders, the Depreciation Workbench makes it easy to manage and collaborate on complex projects.

  • DW Library

    The DW Library is a valuable resource, publishing digital remodelings of publicly filed depreciation studies. This comprehensive library allows you to access and analyze depreciation studies in a digital format, making it easier to incorporate them into your own work. If you don’t find the specific study you’re looking for, DW is happy to prepare a digital version of the depreciation study you are analyzing using publicly available data. This service ensures you have the tools and information you need for thorough and accurate analysis.

Benefit:

Whether you are a utility manager, consultant, or regulator, this tool empowers you to accurately determine appropriate depreciation rates for utility assets, ensuring financial stability and regulatory compliance.