Note:
This event has been cancelled. For questions or to find out about future training opportunities, please contact
Jenny Keesey at (360) 816-1458 or jenny@nwppa.org.
Who Should Attend:
CFOs, general managers, accounting staff, and any employee who wants a better understanding of the rate-making process.
Program Overview:
This course qualifies for credit toward the Accounting and Finance Certificate from NWPPA. For more information about this and other certificate programs, please see the NWPPA Certificate Program Brochure.
This three-part course is intended to demystify the electric rate-setting process and leave participants with a deeper understanding of how to utilize their rates to set up financially sustainable utilities in uncertain times. The course will cover high-level concepts and steps involved in a rate study process. It will also review key tools and policies available to utilities to ensure stability, equity, and long-term sustainability in rate setting. Participants will receive a take-home example toolkit to assist in development of a financial forecast and evaluating changes in key financial variables.
Program Agenda:
Establishing Resilient Revenues in Uncertain Times (September 17, 2020)
- 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
Rate Equity: Are You Paying Your Share? (September 22, 2020)
- Understand the importance of AMI data in the cost-of-service process
- Understand the difference and benefits of bundled versus unbundled rate setting
- Understand how allocation factors are developed and used for assigning cost shares
- Review alternative cost-allocation techniques
- Understand the impacts of your cost-of-service decisions
The “Art” of Rate Making (September 29, 2020)
- Establish rate structure prioritization processes
- Evaluate traditional and emerging rate structure trends
- Explore new structure possibilities through AMI
- Learn the key levers that can be utilized through rate design to enhance revenue stability
- Identify best ways to test new structure impacts before implementation
Program level: Intermediate
Prerequisite: None
Advanced preparation for this webinar is not required
Delivery method: Group Internet Based
Recommended CPE: 1.5 per day for a total of 4.5
Recommended field of study: Finance 1.5
Other Continuing Hours: This course qualifies for 1 hour of CEU per day for a total of 3 CEUs. NWPPA certificates will be issued upon full completion of the webinar.
Registration Requirements: Please register online at www.nwwpa.org or contact Gail Patterson, gail@nwppa.org.
Program Instructor:
Angie Sanchez Virnoche, Vice President, FCS GROUP
Program Schedule:
The webinars will be held from 10 to 11:30 a.m. PST on September 17, 22, and 29. Attendees will be admitted 15 minutes before the webinar begins. The course is only available live; no recording will be made available.
How to Participate:
Instructions will be emailed to attendees 12 hours before 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.
Program Fees:
Utility Member Rate: $270
Associate Member Rate: $405
Non-Member Rate: $810
Program Refund and Cancellation Policy:
Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course date. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or “no show,” 100% of registration fee. When possible, please send a substitute instead of canceling; NWPPA does not charge a fee for substitutions. To request a refund, please contact Gail Patterson, Registrar, at Gail@nwppa.org or (360) 816-1450. If registration was paid by credit card, a refund will be issued to that credit card; all other refunds will be issued via check. For more information regarding administrative policies such as complaints or refunds, please contact our office at (360) 254-0109.
Complaint Resolution:
NWPPA endeavors to resolve any and all complaints as expeditiously as possible. If a complaint is not resolved to our members satisfaction, please contact Scott Corwin, Executive Director, at scottc@nwppa.org or (360) 816-1441. For more information regarding administrative policies such as complaints or refunds, please contact our office at (360) 254-0109.
NWPPA Code of Conduct:
NWPPA holds professional conferences, meetings, and other events to enhance the success of our members, and we are committed to providing a professional environment free of inappropriate actions or harassment. All attendees are expected to observe the Code of Conduct while attending an NWPPA event and while participating in any NWPPA-sponsored social or networking function.
The Northwest Public Power Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
