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AI Innovation Takes Center Stage at PowerPlan ELEVATE 2026

Globe Newswire•02/11/2026•07:55 ET
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Key Highlights

  • ➤PowerPlan showcased AI products targeting faster capital recovery and consumer affordability
  • ➤PowerPlan NXT integrates solutions on a modern SaaS platform across the asset lifecycle
  • ➤Tax Fixed Assets will first feature planned PowerPlan IQ plain-English tax-data answers
  • ➤Intelligent In-Service aims to move completed projects into service sooner
  • ➤Intelligent Unitization targets ongoing unitization and backlog reduction with AI

Expert Statements

Raphael Shure, CEO at PowerPlan

“Utilities and energy companies are investing at historic levels. The challenge isn't simply managing more capital; it's converting that investment into value for customers.”

Raphael Shure, CEO at PowerPlan

“At ELEVATE, we demonstrated how AI can help organizations remove delays across the asset lifecycle and manage capital assets with greater speed, insight, and confidence.”

Todd Bransford, Chief Product Officer at PowerPlan

“Every hand-off in the asset lifecycle is a financial event, and that's where money gets stuck,”

Todd Bransford, Chief Product Officer at PowerPlan

“Our AI-based solutions are designed to keep it moving. When assets get into service and unitized faster, and tax benefits are captured sooner, our customers can recover their investment faster, which can help keep consumer rates affordable.”

NASHVILLE, Tenn., Nov. 02, 2026 (GLOBE NEWSWIRE) -- As energy companies increase capital investment to meet unprecedented demand, finance teams face a dual challenge: recovering that investment while keeping rates affordable for the consumers they serve. PowerPlan, a leading provider of financial software solutions for asset-intensive companies, directly addressed that challenge at ELEVATE 2026, its customer conference held Oct. 25-28, in Nashville. PowerPlan showcased new AI-powered products built to help asset-intensive companies accelerate capital recovery and support consumer affordability. In addition, PowerPlan previewed its product roadmap, which extends AI across the asset lifecycle.

“Utilities and energy companies are investing at historic levels. The challenge isn't simply managing more capital; it's converting that investment into value for customers,” said Raphael Shure, CEO at PowerPlan. “At ELEVATE, we demonstrated how AI can help organizations remove delays across the asset lifecycle and manage capital assets with greater speed, insight, and confidence.”

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