As 2025 comes to a close, we’re taking a moment to reflect on a year of meaningful progress at Lucasys. This year was about more than growth metrics or feature releases; it was about building smarter, faster, and more reliable tools for the tax and industry professionals who rely on us every day.

Inc. revealed today that Lucasys, the leading provider of tax technology and technology-enabled services for regulated utilities, is named to Inc 5000.

We’re excited to share that Lucasys has successfully completed its SOC 1 Type II certification—a significant milestone that highlights our unwavering commitment to security, control, and financial accuracy for our customers. At Lucasys, we understand the responsibility that comes with delivering software and services that directly impact our customers’ financial reporting.

Lucasys, the leading tax software and service provider for energy and utilities, announces the release of its Tax Provision software solution. Purpose-built to provide an easy-to-use experience for ASC 740 compliance while also addressing the complex needs of the utility industry, this next-generation solution streamlines tax processes, enhances accuracy, and ensures compliance with unparalleled efficiency.

Significant corporate changes like mergers, acquisitions, or asset purchases always bring uncertainty — but they also present a unique opportunity. For tax teams, M&A activity is often the perfect time — even an urgent imperative — to evaluate processes, systems, and overall readiness for the future.

Lucasys, the premier provider of cloud-based software and services for rate-regulated utilities, announces the successful renewal of its SOC 2 Type II certification. This milestone underscores Lucasys’ unwavering commitment to data security, operational excellence, and delivering trusted financial solutions to North America’s utility and energy sectors.

In 2016, I had the privilege of joining a Mount Everest expedition with US Expeditions and Explorations (USX), a 501(c)(3) veterans organization dedicated to raising awareness for soldiers and veterans battling the internal war of mental health and wellness. This mission was co-founded by Command Sergeant Major Todd Burnett, a man whose resilience and advocacy for military mental health are unparalleled. CSM Burnett holds the unenviable record of surviving 45 improvised explosive device (IED) attacks throughout his career, a testament to the relentless dangers faced by those who serve.

At Lucasys, we know that the success of our software starts with the strength of our team. Our staff is made up of highly experienced, skilled professionals who bring both technical expertise and real-world industry insight to every project. This not only makes us a trusted partner for our customers but also drives the development of high-quality, user-friendly systems that meet the unique needs of tax departments.

At Lucasys, we believe that trust and transparency should be at the core of every client relationship—and that includes how we handle your data. In fact, we don’t see it as our data at all. It’s your data, and that principle is reflected in the very foundation of our software.

Tax departments thrive when their systems work for them, not against them. At Lucasys, we recognize that the key to unlocking maximum efficiency and effectiveness lies in simplicity. That’s why our software is purposefully designed to be intuitive and accessible for your entire team—whether they’ve been with you for years or are stepping into their role on day one.

Lucasys Inc, the leading provider of cloud tax software for North American utilities and energy companies, announced that it has settled its pending antitrust litigation with PowerPlan, Inc., a subsidiary of Roper Technologies. To settle all outstanding claims, PowerPlan has paid Lucasys $24 million.

As we close the book on 2024, we’re celebrating an incredible year of achievements, milestones, and connections. We have expanded to 21 talented team members, served 19 customers, rolled out 1,187 product improvements, attended 9 industry events, delivered 34 in-person demos across the country, and consumed an immense amount of coffee. Our team’s dedication and collaboration made this year one for the books. Here’s to our customers, partners, and team for making 2024 a success—we can’t wait to see what’s ahead in 2025!

As President-elect Trump prepares to return to the White House alongside a Republican-led Congress, investor-owned utilities (IOUs) are looking at a landscape ripe for transformation. From extensions of his 2017 tax cuts and potential new tariffs to increased focus on energy production, major policy changes that directly impact the utility sector are likely on the horizon. To stay resilient in this evolving environment, IOUs need to act now.

In an era where software powers almost every facet of modern life it can be easy to overlook the critical importance of user interface (UI) design. While sleek interfaces and easy navigation are often touted as the highlights of good design, poor UI can have far-reaching, sometimes disastrous consequences. Lucasys software is built to prevent these risks, offering clear, efficient, and error-proof interfaces. Below, we examine several real-world cases where inadequate UI design led to serious consequences and explain how Lucasys avoids similar pitfalls.