PHILADELPHIA – December 5, 2017: Long Island Power Authority (LIPA), a municipal subdivision of the State of New York with an annual revenue of $3.4 billion, has selected the Whitebirch Pro Multi-Year Planning for Public Power platform to meet their strategic planning and forecasting needs. LIPA owns the electrical grid for most of Long Island and their retail electric system provides service to over 1.1 million customers.
The Whitebirch service team will be building a LIPA-specific financial modeling and forecasting solution that will initially focus on rate modeling, revenue requirements, and sensitivity testing and analysis of other operational drivers.
Whitebirch Multi-Year Planning for Public Power delivers to CFOs, finance directors and finance teams the ability to isolate and analyze threats and opportunities in their financial future.
- Delivered in the Cloud – no hardware or software to maintain
- Built for Collaboration – version control issues are completely eliminated
- Best Practice Approach – leverages PFM’s long history helping public power authorities solve budget and finance challenges
About PFM Solutions:
PFM Solutions LLC focuses exclusively on developing and delivering best‐of‐breed financial modeling technology and services to public and private markets. Our professionals have a 10‐year track record of helping clients with mission critical decision‐making. For more information about the Whitebirch Multi-Year Planning for Public Power solution, contact Sunny Chun or visit Whitebirch Software.
At PFM, over 600 employees - asset managers, financial advisors and consultants - partner with clients in every region of the country to transform their world. We combine superior financial advice, disciplined management and ingenuity to build, power, move, and educate.
PFM is the marketing name for a group of affiliated companies providing a range of services. All services are provided through separate agreements with each company. This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation.
For more information regarding PFM’s services or entities, please visit www.pfm.com. For important disclosure information please, visit www.pfm.com/disclosures.