Electricity Production Balanced Scorecard Metrics

In today-s modern world driven by technology, the demand for electricity is increasing at a rapid speed. With increase in demand, the electricity generation firms are required to boost up their production capacity and are also expected to deal with challenges like minimizing costs and environmental hazards. KPIs in this regard help in identifying and analyzing those critical measures that would improve the different processes involved in electricity generation.

The KPIs are categorized in four different perspectives of a balanced scorecard. The four perspectives are financial, operation, customer and environmental concerns, and employee and training,

Financial perspective measures the various costs involved in electricity production. The KPIs included are operational expenses, maintenance cost, fuel cost and % change in total cost.

The KPIs in operation perspective are % increase in production capacity, % increase in capacity utilization, equivalent forced outage factor and amount of carbon dioxide generated. Operation perspective is responsible for the performance of operations or processes that result in growth of the firm.

Customer and environmental concern is accountable for the measures taken by the firms to satisfy their customers and to comply with the environmental policies. It consists of KPIs like, % of service targets met, number of reliability measures, % change in customer density and number of regulatory penalties.

Employee and training perspective ensures that processes are safe for the employees and there is no hazard to their life. This perspective consists of KPIs like number of injury incidents, number of technical training sessions, number of process related training sessions and number of employee benefits schemes available.

• Download trial version of Electricity Production Performance Indicators. Electricity Production Evaluation Balanced Scorecard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Electricity Production Evaluation Balanced Scorecard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
• Purchase full version of Electricity Production Performance Indicators. Immediately after your order will be processed you will have a link to download Balanced Scorecard Excel file and file in Balanced Scorecard Designer format.
• Check Balanced Scorecard Toolkit for scorecard designing instructions.

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• Balanced Scorecard toolkit. Is a whitepaper where you will learn more about mathematics that stands behind Balanced Scorecard, you will learn basic ideas that will help to design your own scorecard, develop and implement KPI in your business processes.
• Balanced Scorecard fact sheet. The collection of business facts and statistics on Balanced Scorecard.
• Scorecard Design Software. This metric was designed with Balanced Scorecard Designer. This is a great tool for scorecards or KPI building, performance measurement and information sharing.

How to measure Energy performance with Electricity Production Scorecard for Excel

We have designed Electricity Production Balanced Scorecard in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Energy Evaluation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

• I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

• To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

• To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

• To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Electricity Production Evaluation Balanced Scorecard Screenshots

Metrics for Energy Evaluation. This is the actual scorecard with Electricity Production Performance Indicators and performance indicators. The performance indicators include: electricity production,financial perspective,operational expenses,maintenance cost.,fuel cost,% change in total cost,operation perspective,% increase in production capacity,% increase in capacity utilization,equivalent forced outage factor,amount of carbon dioxide generated,customer and environmental concerns,% of service targets met,number of reliability measures,% change in customer density,number of regulatory penalties,employee and training perspective,number of injury incidents,number of technical training sessions,number of process related training sessions,number of employees benefits schemes available. Right now you can download trial version of Electricity Production Performance Indicators or purchase full version of this Balanced Scorecard.

Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Electricity Production Evaluation Balanced Scorecard