Tools commonly used in the Utilities-Holding Companies industry for day-to-day tasks and operations.

• Asset management software
• Financial analysis software
• Risk management software
• Project management software
• Customer relationship management software
• Geographic information system (GIS) software
• Energy management software
• Data analytics software
• Enterprise resource planning (ERP) software
• Compliance management software

Common products and services typical of NAICS Code 551112-04, illustrating the main business activities and contributions to the market.

• Electric power distribution
• Natural gas distribution
• Water supply and irrigation systems
• Telecommunications resellers
• Cable television distribution
• Renewable energy generation
• Electric power transmission
• Water treatment plants
• Fiber optic cable networks
• Wireless telecommunications carriers

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• NERC Certification: The North American Electric Reliability Corporation (NERC) certification is required for personnel working in the electric utility industry. It ensures that the personnel are trained and knowledgeable about the reliability and security of the electric grid.
• FERC License: The Federal Energy Regulatory Commission (FERC) license is required for companies that generate, transmit, or sell electricity, natural gas, or oil. It ensures that the companies comply with federal regulations and maintain reliability and security of the energy infrastructure.
• EPA Clean Air Act Permit: The Environmental Protection Agency (EPA) Clean Air Act permit is required for companies that emit pollutants into the air. It ensures that the companies comply with federal regulations and maintain air quality standards.
• OSHA Safety Certification: The Occupational Safety and Health Administration (OSHA) safety certification is required for personnel working in the utility industry. It ensures that the personnel are trained and knowledgeable about safety regulations and procedures.
• NIMS Certification: The National Incident Management System (NIMS) certification is required for personnel working in emergency management and response. It ensures that the personnel are trained and knowledgeable about the incident management system and can effectively respond to emergencies.

A concise historical narrative of NAICS Code 551112-04 covering global milestones and recent developments within the United States.

• The Utilities-Holding Companies industry has a long history dating back to the early 20th century when the first utility holding company was formed in the United States. The industry grew rapidly in the 1920s and 1930s, with many companies expanding their operations and acquiring smaller utilities. However, the industry faced significant challenges in the 1930s when the Public Utility Holding Company Act was passed, which aimed to regulate the industry and prevent abuses of power. The industry continued to evolve in the following decades, with many companies diversifying their operations and expanding into new markets. In recent years, the industry has faced new challenges, including increased competition from renewable energy sources and growing concerns about climate change. Despite these challenges, the industry remains an important part of the US economy, providing essential services to millions of customers across the country.

The anticipated future trajectory of the NAICS 551112-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Utilities-Holding Companies industry in the USA is expected to experience steady growth in the coming years. The increasing demand for electricity and other utilities, coupled with the need for more efficient and sustainable energy sources, is driving the growth of this industry. The industry is also expected to benefit from the ongoing investments in renewable energy sources, such as wind and solar power. However, the industry is also facing challenges, such as the need to upgrade aging infrastructure and the increasing competition from new entrants in the market. Overall, the future outlook for the Utilities-Holding Companies industry in the USA is positive, with steady growth expected in the coming years.

Recent groundbreaking advancements and milestones in the Utilities-Holding Companies industry, reflecting notable innovations that have reshaped its landscape.

• Acquisition Of Renewable Energy Assets: Many Utilities-Holding Companies in the USA have been acquiring renewable energy assets, such as wind and solar power plants, to diversify their energy portfolios and meet the growing demand for sustainable energy sources.
• Smart Grid Technology: Utilities-Holding Companies are investing in smart grid technology to improve the efficiency and reliability of their energy networks. This technology allows for real-time monitoring and control of energy usage, which can help reduce costs and improve customer satisfaction.
• Energy Storage Solutions: With the increasing use of renewable energy sources, Utilities-Holding Companies are investing in energy storage solutions, such as batteries, to store excess energy and use it during times of high demand.
• Electric Vehicle Charging Infrastructure: Many Utilities-Holding Companies are investing in electric vehicle charging infrastructure to support the growing demand for electric vehicles and promote sustainable transportation.
• Energy Efficiency Programs: Utilities-Holding Companies are implementing energy efficiency programs to help customers reduce their energy usage and save money on their utility bills. These programs can include incentives for energy-efficient appliances, home upgrades, and other energy-saving measures.