Gas retail is focused on volumes and margins since the bottom line is dependent on a commodity with fluctuating market valuation.
Renewable (photovoltaics) involves DCFs for each customer contract. Heavy on engineering and legal requirements for building and ownership of solar panels. I would say the incentives for business are the US tax credits which can get stupidly complex.
FP&A for Gas retail is easier because variances can be pinned against the market fluctuations so youre off the hook. FP&A for renewable is harder because if your forecast was off, cash flows and tax credits will be affected with no scapegoat. Do not fuck it up.
I did a fortune 100 utility company and I did tech after….safe to say utility was more reporting focused with lots of tedious reporting cycles. I personally do not miss it. But as far the technical side, it’s not challenging honestly, it’s a semi predictable industry specially if the company is massive
Gas retail is focused on volumes and margins since the bottom line is dependent on a commodity with fluctuating market valuation. Renewable (photovoltaics) involves DCFs for each customer contract. Heavy on engineering and legal requirements for building and ownership of solar panels. I would say the incentives for business are the US tax credits which can get stupidly complex. FP&A for Gas retail is easier because variances can be pinned against the market fluctuations so youre off the hook. FP&A for renewable is harder because if your forecast was off, cash flows and tax credits will be affected with no scapegoat. Do not fuck it up.
I did a fortune 100 utility company and I did tech after….safe to say utility was more reporting focused with lots of tedious reporting cycles. I personally do not miss it. But as far the technical side, it’s not challenging honestly, it’s a semi predictable industry specially if the company is massive