NewGen Strategies & Solutions

What NewGen Strategies & Solutions does

NewGen Strategies & Solutions LLC is a privately held management and economic consulting firm specializing in utility regulatory and financial analysis. Founded in 2012 and headquartered in Richardson, TX (with main operations in Dallas, TX), the firm serves municipal utilities, public power cooperatives, investor-owned utilities, solid waste utilities, state regulatory commissions, and consumer advocates across the United States. Its client base spans electric, water, wastewater, and stormwater utilities, evidenced by named engagements with Valley Center, Ann Arbor, City of Brenham, City of Hutchins (TX), City of St. Peters, St. Petersburg (FL), and Clearwater (FL). The firm has completed 3,000+ projects and participated in 350+ regulatory proceedings across 51 states and territories.

The firm's product portfolio centers on five core service lines: rate studies (electric, water, wastewater, solid waste), cost of service analysis, depreciation studies, stormwater utility consulting, and regulatory expert witness services for FERC and state commission proceedings. A secondary product line consists of structured training modules — including Data Centers & Large Loads, Electric Utility Rate 101, Water & Wastewater Rate Fundamentals, Energy Markets, and Electricity 101 — which function as thought-leadership and top-of-funnel marketing assets rather than software products. The technology stack is professional services–oriented: spreadsheet-driven cost-of-service and rate design modeling, Excel-based transparent models that clients retain post-project, and internal workflow automation. No proprietary software platform, SaaS offering, or API is disclosed.

The business model is project-based professional services revenue earned through consulting fees, supplemented by training content as a marketing channel. Pricing is quote-based and varies by project scope, complexity, and client size; the St. Petersburg municipalization feasibility study was approved at $590,000 with a multi-year billing cadence. Go-to-market relies on direct outreach to utility decision-makers (city administrators, public works directors, utility boards), industry referrals, and content marketing through the firm's insights blog and training library. The firm operates from 15+ U.S. office locations — six main regional offices (Denver, Orlando, Annapolis, Nashville, Austin, Dallas) and nine satellite offices — supported by a team of Principals, Partners, Senior Managers, and consultants with industry certifications.

Name

NewGen Strategies & Solutions

Legal name

NewGen Strategies & Solutions LLC

Website

https://newgenstrategies.net

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

NewGen Strategies & Solutions is a privately held utility regulatory and financial consulting firm that serves municipal, cooperative, and public power utilities in the U.S. with rate studies, cost of service analysis, depreciation studies, stormwater consulting, and expert witness services for FERC and state commission proceedings.

Ownership category

akta.pro rank

Product category

Utility Regulatory & Financial Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industry

Restructuring & Turnaround Advisory (BPAHADAD)

Keywords

• Utility consulting
• Rate studies
• Cost of service analysis
• Regulatory expert witness
• Depreciation studies

Headquarters

HQ city

Richardson

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Regulatory & Rate Consulting: Project-based consulting engagements for utility rate studies, cost of service analysis, regulatory proceedings, depreciation studies, and financial planning. Revenue is generated through professional service fees for engagements with municipal utilities, cooperatives, and public power entities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NewGen Strategies & Solutions is a management and economic consulting firm serving the utility industry. The firm delivers rate studies, cost of service analysis, regulatory expert witness support, depreciation studies, and financial planning engagements for municipal utilities, cooperatives, public power entities, and state regulatory agencies. Engagements are project-based consulting work covering electric, water, wastewater, stormwater, and solid waste utilities.

Product overview

NewGen Strategies & Solutions is a utility regulatory and financial consulting firm offering a portfolio of advisory services rather than a unified software platform. The core offerings include regulatory expert witness services, cost of service analysis, rate studies (water, wastewater, electric, solid waste), depreciation studies, and stormwater utility consulting. The company also provides an educational training series covering specialized topics such as Data Centers & Large Loads, Electric Utility Rate Fundamentals, Water & Wastewater Rate Fundamentals, Energy Markets, and Electricity 101. These training modules appear to be complementary educational resources rather than software products. The firm serves electric, water, wastewater, and solid waste utilities nationwide through consulting engagements rather than a SaaS platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Regulatory Expert Witness Services
• Rate Studies
• Cost of Service Analysis
• Depreciation Studies
• Stormwater Utility Consulting
• FERC Opinion Analysis

Quantifiable outcome

• Clearwater study projects 7% customer savings on electric bills in first five years, rising to 18% later for municipal utility transition
• +1 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• ICF International: ICF is a large global consulting firm with a substantial energy and utilities practice covering regulatory, rate, and environmental advisory. It competes with NewGen in larger integrated utility engagements.
• Black & Veatch: Black & Veatch is a major engineering, construction, and consulting firm with deep water and electric utility advisory practices. Competes with NewGen on large integrated rate and financial planning projects.
• Burns & McDonnell: Burns & McDonnell is a large engineering and consulting firm serving electric, water, and gas utilities with rate, regulatory, and infrastructure services. Overlaps with NewGen on municipal utility engagements.

Direct peers

• GDS Associates: GDS Associates is an engineering and consulting firm providing rate, regulatory, and planning services to electric cooperatives, municipal utilities, and public power entities. It competes with NewGen in FERC, depreciation, and rate design work.
• MDM (Municipal & Financial Services): MDM provides financial and rate consulting to municipal utilities and authorities. It directly competes with NewGen in municipal water/wastewater/electric rate studies and financial planning.
• FCS Group: FCS Group provides utility rate consulting, cost of service, and financial planning services to municipalities, water districts, and special purpose districts. It directly competes with NewGen in municipal water/wastewater and electric rate studies.
• Raftelis: Raftelis is a leading utility rate and financial management consulting firm specializing in water, wastewater, electric, and gas rate studies for municipal and investor-owned utilities. It is the most direct competitor to NewGen in the municipal utility rate consulting space.
• EES Consulting: EES Consulting provides rate, regulatory, and financial consulting to electric and water utilities, including FERC services. Comparable to NewGen in scope and target client base, particularly in the Pacific Northwest.
• Utility Financial Solutions, LLC: UFS specializes in utility rate studies, cost of service analysis, and financial planning for municipal water, wastewater, and electric utilities. Direct overlap with NewGen's core rate consulting offering.
• Christensen Associates Energy Consulting: Christensen Associates specializes in regulatory economics, rate of return, and cost of service for electric and gas utilities. Strong overlap with NewGen's expert witness and FERC practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NewGen Strategies & Solutions