Utilities today face a growing demand for transparency, efficiency, and data-driven decision-making. Executives, regulators, and customers alike want to see how the organization is performing financially, operationally, and strategically. One of the most effective ways to meet this demand is by implementing Key Performance Indicator (KPI) dashboards in Microsoft Power BI. These dashboards transform raw data into clear, actionable insights that can be shared across departments and even externally with boards or governing bodies.
Why KPIs Matter for Utilities
Key Performance Indicators are critical measures of performance that align with utility goals. For electric, water, and wastewater utilities, KPIs often include:
Financial: operating margin, debt service coverage, days cash on hand
Operational: outage duration (SAIDI/SAIFI), water loss percentage, system reliability indices
Customer service: call center response time, billing accuracy, complaints per 1,000 customers
Sustainability: energy efficiency savings, greenhouse gas reductions, or compliance measures
By monitoring KPIs in real time, management can identify trends, anticipate challenges, and ensure resources are directed where they will have the greatest impact.
Advantages of Power BI
Power BI is particularly well-suited to utility KPI dashboards because it integrates data from multiple sources—financial systems, work order management, SCADA, AMI, and customer information systems. With built-in connectors and data modeling, utilities can consolidate information into one trusted view.
Some of the most valuable features include:
Interactive visualizations: Users can drill down from high-level indicators to detailed reports, uncovering the story behind performance metrics.
Automated refresh: Dashboards update as often as data is available, eliminating the need for manual spreadsheet reporting.
Role-based access: Executives may see strategic KPIs while operations staff see asset-level performance, all within the same environment.
Mobile access: Power BI dashboards can be securely viewed on tablets and phones, giving field supervisors access to critical insights.
Building an Effective KPI Dashboard
Developing a KPI dashboard involves more than just connecting data. Utilities must carefully select which indicators matter most, balancing regulatory requirements with strategic goals. Best practices include:
Define objectives clearly – tie KPIs directly to the utility’s mission, such as reliability, affordability, and sustainability.
Keep it simple – focus on a limited set of KPIs that drive decisions rather than overwhelming users with dozens of metrics.
Use benchmarking – compare performance against peer utilities or industry standards for context.
Enable drill-downs – allow users to move from board-level KPIs to department-level details in just a few clicks.
Provide narratives – include notes or annotations that explain variances and trends to non-technical audiences.
Driving a Performance Culture
Ultimately, Power BI KPI dashboards are not just reporting tools—they are catalysts for culture change. By making performance visible, utilities empower employees at every level to align with strategic priorities. Leaders can shift from reactive problem-solving to proactive management, ensuring long-term financial health, customer satisfaction, and regulatory compliance.
With the right data strategy and governance in place, Power BI helps utilities turn information into action—and action into measurable results.
How I Can Assist
We help electric cooperatives and utilities navigate complex accounting challenges, streamline processes, prepare cost of service and rate studies and implement industry best practices in work order accounting and system integration. Let’s connect to explore solutions tailored to your needs. Please contact me with any questions to discuss your goals in more detail.
Thanks for reading! I welcome your suggestions for future topics and am always eager to provide insights on pressing industry issues. My goal is to be a trusted resource for utilities and electric cooperatives navigating today’s challenges.
About Russ Hissom - Article Author
Russ Hissom, CPA is a principal of Utility Accounting & Rates Specialists a firm that provides power and utility cost of service and rate studies, expert witness, and consulting services, and online/on-demand courses on accounting, rates, FERC/RUS construction accounting, financial analysis, and business process improvement services. Russ was a partner in a national accounting and consulting firm for 20 years. He works with electric investor-owned and public power utilities, electric cooperatives, broadband providers, and gas, water, and wastewater utilities. His goal is to share industry best practices to help your business perform effectively and efficiently and meet the challenges of the changing power and utilities industry.
Find out more about Utility Accounting & Rates Specialists here, or you can reach Russ at [email protected].
The material in this article is for informational purposes only and should not be taken as legal or accounting advice provided by Utility Accounting & Rates Specialists, LLC. You should seek formal advice on this topic from your accounting or legal advisor.