The energy market is growing. In order to meet the increasing energy demand, various alternatives have emerged parallel to the classical forms of energy generation and supply. The politically desired competition between structures, models and products does not only bring about new challenges but also interesting perspectives for all enterprises in this industry, whether commercial or public.
The term ‘energy supplier’ covers a variety of enterprises: Energy producers and importers, operators of wide area networks and/or regional and local area networks; electricity, gas and heat suppliers and waste disposal firms. Numerous energy suppliers have to be unbundled due to their size, i.e. the independence of the network operation from their other activities has to be ensured. This unbundling is attributable to the liberalisation (deregulation) in the electricity and gas sectors.
15 years of experience in the sector
We are familiar with the specific issues of this business sector in terms of accounting standards, tax law and municipal law. Crowe Horwath Trinavis has provided energy suppliers with advice for 15 years now. During this time, we have supported numerous transactions with our tax advisory services (tax due diligence); in connection with the amendment of the Electricity and Gas Supply Act [Gesetz über die Elektrizitäts- und Gasversorgung - EnWG] in 2005 we advised a large number of enterprises regarding unbundling. This enabled us to give direction to the tax balance sheet effects of the network leasing model. Currently our clients benefit from our many years of experience in applying for licenses and in re-communalisation.
Our clients are private and municipal energy suppliers of different sizes.
Overview of our services
- Audits of financial statements and special audits of energy suppliers/public utility companies
- Audit-related consulting
- Business valuations
- Advisory services regarding reorganisation and transactions
as well as
- Tax consultancy, especially for unbundling issues according to the EnWG and related regulations
- Preparing declarations and tax balance sheets
- Advisory services for contracting models
- Energy and electricity tax