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

DUBLIN–(BUSINESS WIRE)–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/futm5d

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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