HHM’s Electric Service Distributors practice is built on a deep understanding of the regulatory, financial, and operational complexities utilities face. We provide specialized audit, tax, and advisory services tailored to electric cooperatives and distributors, including expertise in director elections and required reporting to the Tennessee Valley Authority (TVA) and the Rural Utilities Service (RUS). Our team ensures compliance with evolving regulatory standards while maintaining accuracy, transparency, and efficiency in financial reporting, rate structures, capital improvement planning, and debt compliance.
For more than 40 years, HHM CPAs has served utilities across the Southeast, bringing decades of practical, utility-specific financial and economic development experience at both the state and national levels. We work closely with management and boards to navigate government regulations, strengthen internal controls, and safeguard long-term financial stability, providing clear, strategic guidance that allows your organization to operate confidently while continuing to serve your communities effectively.
We have dedicated professionals with specialized expertise designed specifically for electric service distributors. Our team understands the unique regulatory, operational, and financial complexities utilities face and delivers targeted audit, advisory, compliance, and reporting services that go beyond traditional accounting, providing the industry-specific insight and support needed to operate efficiently, remain compliant, and plan confidently for the future.
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Independent audits that meet utility regulatory standards and provide confidence in accurate financial reporting.
Support with internal control evaluation and documentation to strengthen governance and financial transparency.
Comprehensive cost of service analyses to support fair, defensible rate structures.
Utility-focused tax planning and compliance to optimize credits and ensure regulatory adherence.
Timely and accurate preparation of required annual reports to the Tennessee Valley Authority and the Rural Utilities Service.
Independent SOC reports evaluating internal controls to enhance transparency and stakeholder confidence.
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Our electric service distributor specialists are supported by a dedicated team of experienced auditors and accountants who focus exclusively on serving utility clients. This team brings extensive knowledge of utility operations, financial reporting, internal controls, rate structures, debt compliance, and regulatory requirements, ensuring accurate reporting, strong financial oversight, and practical insights that support operational stability and long-term sustainability.
Explore the full list of services to see how we can support you. If you’re not sure where to start or have a unique need, we’re here to help. Reach out today and let’s start a conversation about how HHM can add value to your business or personal finances.
Contact us for an introductory call today.
