Utilities and the energy sector are heavily regulated to ensure safe, reliable, and environmentally responsible service delivery. Regulatory bodies like the Federal Energy Regulatory Commission (FERC) and the Environmental Protection Agency (EPA) set stringent standards for operations, cybersecurity, and environmental impact.
Compliance involves adhering to laws at federal, state, and local levels, managing risks, and maintaining robust data privacy and cybersecurity measures. Regular audits, risk assessments, and compliance training are essential to meet evolving regulations. Non-compliance can result in significant penalties, operational disruptions, and reputational damage, making effective compliance management critical for the sector's sustainability and public trust.
