Who Should Attend:
CFOs, senior accountants, accounting staff, and finance staff wanting to
better understand rate setting.
This two-part course is intended to demystify the electric rate-setting process and leave you with a deeper understanding of how to utilize your rates to set up financially sustainable utilities in uncertain times. You will learn high-level concepts and steps involved in a rate study process, as well as review key tools and policies available to utilities to ensure stability, equity, and long-term sustainability in rate setting. Day one will address establishing resilient revenues in uncertain times, and day two will focus on the art of rate making. At the end, you will receive a take-home toolkit to assist with developing a financial forecast and evaluating changes in key financial variables.
- Understand the general process and purpose of utility rate making
- Identify key principles that drive sound financial management
- Identify financial planning key variables and strategies
- Understand the importance of load in financial planning
- Learn to develop a multi-year financial tool to calculate and communicate impacts of changing variables
- Understand the importance of AMI data in the cost-of-service process
- Understand the difference and benefits of bundled versus unbundled rate setting
- Review alternative cost allocation techniques and how to interpret their impacts
- Establish a process for rate structure prioritization
- Evaluate traditional and emerging rate structure trends
- Identify best ways to test new structure impacts before implementation
Webinar recordings can be made available to registrants who are unable to attend live.
These webinars will be held from 10 a.m. to noon Pacific Time. Attendees will be admitted 15 minutes before the webinar begins.
How to Participate:
Instructions will be emailed to attendees within 12 hours of the webinar and we recommend that you test the link to the meeting as soon as you get the instructions. The webinar is best viewed using Chrome as your browser. We recommend that you use a landline for both your phone and your internet connections.
This registration is for one person to attend. We manage our webinars on an honor-system basis; if more than one person from a utility wishes to attend, each is to register separately.
Utility Member Rate: $180
Associate Member Rate: $270
Non-Member Rate: $540
Note: Organizations that register a group of employees will receive every fifth registration for free. For example, if you register five employees, you only pay for four; register 10 employees, you only pay for eight; and so on. There is nothing additional you need to do to receive this discount.
Cancellations are accepted with a full refund as follows:
For webinars and virtual classes, if the request is made at least five days prior to the course, then 100% of the registration fee will be refunded.
For in-person events, the following fee structure applies: cancellation at least 30 days prior to the event, full refund; within 15-29 days, $100 fee; and within 1-14 days or no show, 100% of the registration fee. When possible, please send a substitute instead of canceling because NWPPA does not charge a fee for substitutions.
This course qualifies for four continuing hours. Certificates are issued upon full completion of the course.