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Risk Analysis And Management For Electricity Charge Reclamation

Posted on:2012-08-01Degree:MasterType:Thesis
Country:ChinaCandidate:C H PeiFull Text:PDF
GTID:2189330332994603Subject:Business Administration
Abstract/Summary:
Electric power is a special kind of commodity for it is legal to buy on credit, that is to say, to use first and pay later. This makes power supply companies different from many other industries in capital withdrawal and risk management.Electricity charges are a major financial resource for power supply companies, so they should attach great importance to electricity charge reclamation, and take various measures to get timely and full reclamation guaranteed. In recent 6 years, Chengde Power Supply Company has achieved outstanding accomplishments, but there is still a long way to go. The thesis focuses on the major difficulties it is still confronted with.The thesis makes a brief introduction of the classification and causes of electricity charge security risks and makes a detailed analysis of Chengde Power Supply Company, including its status quo and relevant data, in the hope of finding out its problems, and then the thesis makes some possible suggestions.The risks for the electricity charge reclamation can be summed up into two categories:internal factors and external factors. Internal factors mainly refer to the management system of the company, the quality of its employees, etc; while external factors consist of the impact of international economy, the change of national policy, the credit rating of customers, etc. The risk management process is composed of risk prevention, risk control, and evaluation, with prevention the most important phase. The thesis pays much attention on the risk prevention and put forward how to prevent electricity chare reclamation risks in a better way.To conquer the difficulty of electricity charge reclamation, Chengde Power Supply Company must improve its management system and the quality of its staff, perfect relevant rules and regulations, diversify payment methods, and try to establish a friendly relationship with customers. In addition, it should be alert to the changes of national and international economy, national policies and the operation of enterprises, improve credit rating system, and set up a suitable electricity charge risk warning system to make accurate prediction and preparation for potential risks. Besides, summarization should be carried out in time.
Keywords/Search Tags:electricity charge reclamation, risk prevention, credit rating
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