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The Texas Commission on Environmental Quality Selects PowerPlan’s Depreciation Studies

Atlanta, GA (July 20, 2012) The Texas Commission on Environmental Quality relies on PowerPlan’s Depreciation Studies which provide a full set of industry standard statistical tools used in forecasting service lives, analyzing salvage and cost of removal, and in calculating annual accrual rates and theoretical reserves. The module provides an intuitive, seamless, and self-documenting workflow process for the loading of asset plant and reserve data to the calculation of depreciation rates.

About The Texas Commission on Environmental Quality (TCEQ):
The Texas Commission on Environmental Quality (TCEQ) is the environmental agency for the state. The TCEQ has approximately 2,760 employees, 16 regional offices, and a $354 million operating budget for the 2012 fiscal year (including both baseline and contingency appropriations). The Texas Commission on Environmental Quality strives to protect the human and natural resources of Texas consistent with sustainable economic development. Their goal is clean air, clean water, and the safe management of waste.

About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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