Project: T194700 #50/154

The objective of this study is to provide utilities with opportunities to apply innovative tools and processes to reduce O&M costs. The output will allow utilities to create effective O&M plans to manage Asset Health at the same or better levels with lower overall costs. Utilities will have the ability to see which O&M programs impact their maintenance budget the greatest, and where evolutionary or revolutionary change will have the largest returns. This awareness will provide utilities with the ability to better justify their maintenance budget, as a function of the renewal capital spending, to their regulators, intervenors, and other stakeholders.