Hope Utilities Expands Use of Lucasys Solution with Deferred Tax Application

Hope Utilities, a leading provider of US natural gas and water distribution services, has built upon their previous success with Lucasys and expanded their use of the Lucasys Tax solution by implementing its Deferred Tax application. Building on the successful implementation of Lucasys for Tax Depreciation, this milestone in Hope Utilities’ technology integration is part of the company’s ongoing commitment to leveraging advanced technologies to optimize operational efficiency and accuracy in financial reporting.

Vadim LantukhDecember 3, 2024LucasysHope Gas, Deferred Tax, Lucasys Tax, Tax Fixed Assets

Preparing for Policy Shifts Under the Trump Administration: What Investor-Owned Utilities Should Do Now

As President-elect Trump prepares to return to the White House alongside a Republican-led Congress, investor-owned utilities (IOUs) are looking at a landscape ripe for transformation. From extensions of his 2017 tax cuts and potential new tariffs to increased focus on energy production, major policy changes that directly impact the utility sector are likely on the horizon. To stay resilient in this evolving environment, IOUs need to act now.

Vadim LantukhNovember 19, 2024LucasysTrump Administration, Tax Fixed Assets, Lucasys, Tax