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Two Day Gas & Electric Utility Cost-of-Service and Rate Design Seminar (Naples , United States - May 17-18, 2022)

·3-min read
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Dublin, May 03, 2022 (GLOBE NEWSWIRE) -- The "Gas & Electric Utility Cost-of-Service and Rate Design" training has been added to ResearchAndMarkets.com's offering.

Understanding gas & electric utility rates and their relationship to utility profits doesn't have to be confusing.

Master the fundamentals of energy rate-making and learn the financial and accounting differences between regulated and unregulated businesses with this comprehensive course. This is a "must" seminar for anyone who is new to the utility industry or who is impacted by the utility rate-making process.

What You Will Learn

  • Plain English explanations of numerous gas & electric regulatory terms and concepts, and how the federal and state rate-making process works.

  • How gas & electric rate-making practices vary between investor owned utilities, municipal utilities, coops, and how these rate practices impact unregulated energy marketers.

  • The jargon used in the regulatory process, so that you can understand each step of a rate case.

  • Why utilities file rate cases and the types of analyses they conduct to support their proposals.

  • The difference between cost of service and market-based pricing, and how these rates are applied.

  • How various federal and state rate case procedures work, and how they differ.

  • What the different cost components of the base rate case are, and how they are determined.

  • The financial drivers for regulated utilities and how they differ from unregulated businesses

  • How to improve utility profitability through the rate-making process.

  • How different types of pricing structures are designed within rate proceedings

What You Will Also Learn

  • The specifics of various natural gas and electric rate structures; how to read a tariff; and how to analyze a gas & electric bill.

  • What rate structures benefit customers and suppliers, and when.

  • How rate structures are designed and applied in deregulated environments.

  • How to calculate comparisons between regulated and deregulated supply procurement.

Key Topics Covered:

Day One (Morning - 4 hours):

  • Conduct a thorough review of the gas & electric industries from a regulatory perspective.

  • Discuss the major regulatory changes that created the energy marketplace of today.

  • Review the fundamental concepts of gas & electric rates and rate-making in detail.

  • Explain how rate base and rate of return are determined.

  • Discuss how items are categorized as operating expenses or capital expenses.

  • Explain the federal and state rate case processes involved for both base rate increases and fuel adjustments.

  • Discuss the various rationales used to request changes in gas & electric rates.

Day One (Afternoon - 4 hours):

  • Review the current problems encountered when implementing today's open-access markets and customer choice programs.

  • Examine the important issues that create friction between utilities and energy marketers from both perspectives.

  • Conduct a gas/electric case study exercise that addresses specific issues selected by the class.

  • Debate the merits of significant issues contained within the case study using the active participation of class participants.

Day Two ( 4 hours):

  • Interpret a variety of gas & electric tariffs to become proficient in bill analyses techniques.

  • Conduct several bill analyses with both gas and electric bills for residential, commercial, and industrial customer groups.

  • Illustrate the differences between various gas & electric rate tariffs using case studies of different bill applications.

  • Apply case study results and lessons to real-life situations.

  • Continue with the bill and tariff analysis using actual bill examples and situations selected from the class participants which have been submitted in advance.

  • Review several additional examples of increasing rate-making complexity as time allows.

  • Produce comparative analysis of bundled and unbundled rates using current electric and gas pricing examples.

  • Illustrate how the economics of rate design is applied in competitive energy markets.

For more information about this training visit https://www.researchandmarkets.com/r/hg601k


CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


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