We provide expert advice in assessing, and assisting to develop, tariff proposals by regulated firms using our in-house financial and regulatory accounting expertise. Our regulatory accounting services include the innovative design of appropriate regulated price remedies, the design of regulatory accounting reporting requirements to support those remedies and the determination of regulated prices themselves. 

We have expertise in:

• The design of tariff methodologies for regulators
• The determination of regulated prices 
• International benchmarking assessments
• Cost of supply studies for efficient tariff setting
• The design of regulatory account reporting requirements to support price remedies
• Communicating technical findings to stakeholders.

We also have extensive expertise in assessing and calculating the cost of capital, a key element in any regulated tariff.

Our work seeks to understand the functioning of energy markets in terms of prices, competition, efficiency and other market outcomes. We identify the need for regulation or policy intervention as well as helping clients to understand the impact of such interventions on their businesses.

Our offer is strategic: to review regulation and policy and develop insight into how each might affect the trajectory of sector participants.

These include assessing the basis for policy and regulatory action, developing suitable policy and regulations within the socio-economic context, designing and assessing specific economic regulatory tools such as price regulation and pro-competitive behavioural remedies, and designing and assessing suitable universal service policies and enabling regulations.

We have expertise in:

Assessing the basis for policy and regulatory action

Developing suitable policy/regulations within the socio-economic context

Supporting investment decision-making through regulatory landscape assessments and cost-benefit analyses

Designing and assessing specific economic regulatory tools such as price regulation, pro-competitive behavioural remedies and access regulation

Designing and assessing suitable universal service policies and enabling regulations

Strategic regulatory engagement support.

We conduct ex-ante and ex-post impact assessments comparing the costs and benefits of regulatory decisions. We determine the efficiency and effectiveness of proposed regulation in terms of the impact on various stakeholders and the economy as a whole.

We have expertise in:

• Market and situational analysis of the regulatory context
• Analysis of the financial/economic cost and impact of regulation, including the effect on prices, profitability, and industry competitiveness
• Assessment of the distributional impact of regulation on stakeholders
• Compliance of regulation with existing legislation and policies
• Development of alternative scenarios relating to costs and other variables
• Public consultation and engagement with stakeholders.

Our offer is strategic: to review regulation and policy, develop insight into how each might affect the trajectory of regulated entities and related businesses, and to develop scenarios of impact that inform our clients’ choices.

Advice and support to firms in submitting or assessing licensing applications across the energy sector (piped gas, petroleum pipelines, electricity) including construction and operating licences for facilities. Our expertise also extends to other sectors, such as telecommunications and broadcasting.

Genesis also offers integrated monitoring, evaluation and learning (MEL) within a programme with the opportunity of addressing any implementation challenges as and when they arise, rather than just at discrete points in programme implementation.

Integrated MEL is more effectively influencing implementers and therefore allows us to guide the strategic and operational direction of a programme. Through our collaborative work, we determine the most appropriate strategy in each context so that it aligns to decision-making cycles, principles of funding and the stakeholder environment.

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