Duke Energy: Case Study

We noticed a discrepancy in the sales tax wording on the invoices from the Ecova download. We contacted Duke Energy regarding the discrepancy and were informed we can request new invoices from Duke Energy that will have the correct language regarding the sales tax.

Duke Energy is a natural monopoly. So, they don’t have much competition. The prices that utilities charge consumers are regulated by the government, which is called the rate of return. A Rate of Return is a form of price setting regulation where governments determine the fair price which is allowed to be charged by a monopoly(Investopia). The government does this to stabilize the interests for consumers and the utility companies by making sure that rates are high enough to deliver dependable services to consumers and to offer a adequate return on capital for Duke Energy and it’s industry peers. Subsequently, the rates are not so high that the consumers can’t afford the prices and ends up being unlawful.

As a member of the power sector, DTL Power is absolutely vital to the operations of other critical infrastructure pieces. The other key pieces of critical infrastructure represented in our environment are the Federal Government, Avistel Telecom, Mistral Bank, and Hytema Defense. Electrical power is the core of the US critical infrastructure, and without the energy supplied by the power sector, none of these other infrastructure pieces will be able to continue operations after local backup energy stores are depleted. It is for this reason that DTL Power?s primary security objective is power system uptime.

In Greenman V. Yuba Power, the plaintiff was injured while using a power tool called the Shopsmith that was given to him as a gift from his wife in 1955. In 1957, while using the tool, the piece of wood he had been working without difficulty suddenly flew out and struck him on the head causing injuries. Ten and a half months later, he gave the retailer and manufacturer written notice of the claimed breaches of warranties and filed a complaint against them both alleging such breaches and negligence. After a trial before the jury, the court ruled there was no evidence that the retailer was negligent or breached an express warranty and that the manufacturer was not liable for the breach of any implied. The jury returned a verdict for the retailer

Caprica is a 40-year -old company rooted in Charleston, West Virginia area. First 30 years, it only operated in Kentucky and Ohio. Starting from 1997, Caprica carried on an expansion strategy to Michigan, and in 2005 it applied the hydraulic fracturing technology on shale gas exploiting. Up till now, Caprica already have five years experience on using hydraulic fracturing technology.

Caithness Brookhaven, LLC (“Brookhaven” or the “Borrower”) is a non-recourse, special purpose entity that owns Caithness Energy, LLC (“CEL”). CEL owns and operates a 350 MW combined-cycle duel fueled power generation facility in the Town of Brookhaven, Long Island, NY (the “Facility” or the “Project”). The Borrower is owned by Caithness Energy, LLC.

Our society today is ever more dependent upon electricity in all aspects of life. Keeping the power infrastructure throughout the United States secure and functioning properly should be considered a high priority for both private sector and government. Lacking properly functioning power caused by an outage has widespread impact not just on common conveniences being unavailable but also on critical areas such as emergency services, transportation, water distribution, communication and food production and storage.

Origin Energy Limited (ORG) is an Australian listed company mainly operates in electricity and gas markets. In the following sections, several aspects of the client company will be discussed. This information is collected to help in the identification of the entity’s specific risks by following ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment. Both external market environment and internal business management factors are required to be assessed under ASA 315 (Auditing and Assurance Standards Board, 2013). However, because of the limitation of access to the company information, this report does not cover the analysis of control

Husky Energy Inc. is a recognizable company to many Canadians. Most people just know it as “The Husky” and see it as just merely an oil company that is operated through North America. Although Husky Energy Inc. is based in Alberta and Saskatchewan, it is a worldwide enterprise. “China, Greenland, and Libya” all have Husky Energy within their countries (Husky Energy Inc.). The now privately owned business is valued at “28 billion as of October 2009” (Warnock, 1) and is growing exponentially. They are continuing expansion, becoming much more than a gas and oil supplier. They understand the changes are essential in being a successful corporation.

Consolidated has a few problems with their inventory control. They have a purchasing agent doing periodic checks of their inventory without reviewing their history and the demand. The lack of a computer inventory system is another problem that Consolidated must address. To design a system for consolidated the company needs to make some changes to its structure and organization.

The Presidential Policy Directive (PPD) on Critical Infrastructure Security and Resilience advances a national unity of effort to strengthen and maintain secure, functioning, and resilient critical infrastructure (The White House Office of the Press Secretary, February 2013). It is imperative for every nation to develop a critical infrastructure protection plan that will provide the essential services to its society. To archive this, a government must be proactive and coordinate its efforts that will reinforce and maintain secure, functioning, and

Alliant Energy Corporation, headquartered in Madison, Wisconsin is a public utility company openly traded on the New York Stock Exchange. Alliant Energy specializes in generating and distributing natural gas to nearly 420,000 customers and approximately 1 million electric customers in central and southern Wisconsin (Alliant Energy). In additional, they provide similar services throughout northern Iowa and southern Minnesota through their subsidiary companies: Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL).

Midwest Lighting, (MLI) Inc was a company dealing with the manufacture of customized designed fluorescent light fixtures for commercial, and other institutional applications. This company was formed by Daniel Peterson and Julian Scott in 1956 in Flint, Michigan. Daniel was in charge of the engineering and finance sectors while Walters headed the Sales and design unit of the company. As the company grew, personal differences between the two emerged and Daniel bought out Walters from the company and brought in Richard Scott as his new business partner. Daniel became the treasurer of the company and Scott the company president (Adams & Spinelli, 2012, p. 385).

Lincoln Electric Company is a manufacturing company, which has been focusing on welding products for the recent 30 years. The company had outstanding brothers leading the company to success. John was a technical genius and he brought the best skills in production and James was good at management and he was working on the employees ' incentives. The company gained its reputation through the world war till present as the welding equipment supplier with higher quality and lower price at the same time. For the production aspect of welding equipment, it is an advanced production line with continuous flow with high flexibility and low idling time.

Currently, the United States of America (US) produces the most nuclear powered electricity in the world, making over 30% (World Nuclear Association, 2017). The US has 100 nuclear reactors spread across the country, with a denser cluster in the East portion of the country (World Nuclear Association, 2017). The aggregate capacity of all of the US reactors produces 805 billion kWh, which is almost 20% of the US’s demand for electricity (World Nuclear Association, 2017). Consequently, the low gas prices delayed the rapid growth of nuclear power in the last 30 years, however, 2 reactors are under construction, and 4 additional reactors will commence commissioning in 2021 (World Nuclear Association, 2017). In