Co-op and Utility Rates Professional Learning Path
This learning path provides an introduction to developing retail customer rates and how accounting allocations and deferrals are a key part of the process. The path includes 5 courses, 5 hours of content, and 5.00 hours of professional education credits! (Total value - $635.00)
Your Price!
$297.00
What You'll Learn!
We'll demonstrate how to determine the rate of return to apply to the investment in utility infrastructure
High-level cost of service and rate design principles will be discussed
We'll discuss electric rate philosophy and the "art" and "science" of developing electric rates
You'll learn the direct questions to ask to make management and board decisions on approving an annual revenue requirement and its impact on electric rates
You will learn how to implement regulatory accounting in your organization, including determining regulatory items, initial journal entries, and financial statement disclosures
We'll show the most common practical examples of how GASB 62 and ASC 980 are used in timing of rate recovery of major impacts to expenses and revenues
We'll show you how to explain regulatory accounting to your Board so they will approve deferring revenues and expenses!
We'll discuss trends in the electric industry on developing EV customer rates
We'll review the need to develop time of use residential customer rates
We'll discuss the impact of EV's on the grid and the amount of new generation that will be needed to serve EV load
We'll study the importance of developing separate EV customer rates
You'll learn how to calculate innovative EV rates, including subscription rates and EV charging rates
We'll demonstrate how to determine the rate of return to apply to the investment in utility infrastructure
High-level cost of service and rate design principles will be discussed
We'll discuss water rate philosophy and the "art" and "science" of developing water rates
You'll learn the direct questions to ask to make management and board decisions on approving an annual revenue requirement and its impact on water rates
You'll learn the easy inputs, formulas, and math used to calculate overhead rates for the 3-point, 2-point, and Massachusetts formulas
We'll discuss detailed journal entries used to allocate internal costs
Over 600 professionals from all experience levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
Russ Hissom, CPA
Frequently Asked Questions
What is included with the learning path and how long do I have access?
All video lessons and course downloads are included in the Learning Path. You have lifetime access to the Learning Path and future updates.
Where does the information come from in the courses?
The information is taken from industry best practices and the experience of the instructor in working with power and utilities organizations.
How do these courses add value to my organization and my career knowledge?
Knowledge is power (forgive the electric pun). But these courses adds to your knowledge, making your career skills deeper and giving you tools to provide value to your organization.
Are the courses eligible for continuing education credits?
Yes! Utility Accounting and Rates Specialists, LLC 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: NASBAregistry.org.
Are there course downloads so I can follow along?
All of the course materials can be downloaded for each lesson. They are in pdf and Excel formats. You'll generally see them at the beginning of the course in the introduction section, Lesson 1, or scattered throughout the lessons as fitting the topic.
What if I have more questions?
We welcome your questions anytime. Just email [email protected]. Thanks!
Utility Accounting and Rates Specialists, LLC 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: NASBAregistry.org.
Course Accreditation, Requirements, and Refund and Cancellation Policy
Program Level: Basic
Area of Study: Accounting - Technical
Delivery: QAS Self Study
Prerequisites: None
Advanced Preparation: None
CPE Credits: 5.00 for all courses
Last Reviewed: 8.1.24
Access Period: 12 months
Exam Questions: 5
Passing Grade: 70%
Retakes: Unlimited