The Large Load Playbook: Rates & Agreements for Data Centers & Large Electric Loads | UtilityEducation.com
Rates & Finance  ·  Basic

The Large Load Playbook

Rates · Developer & Interconnection Agreements · CIAC Accounting · Commission Policy

Data centers, crypto mining, EV charging hubs, hydrogen electrolyzers, and industrial electrification are reaching utilities and cooperatives of every size. Learn how to classify a large load, design a defensible cost-of-service rate, structure a service agreement that protects existing ratepayers, get the CIAC accounting right under FASB and GASB, and evaluate large-load policy decisions the way a commission will.

★★★★★ 5.0
4.2 CPE Hours Self-Paced Video Basic Level NASBA Registered
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Course Preview — The Large Load Playbook
$397
One-time enrollment  ·  12-month access
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This Course Includes
  • 5 modules · 15 lessons · self-paced video
  • Rate design & demand allocator worked examples
  • Service agreement provision checklist by load type
  • CIAC accounting under FASB and GASB, with journal entries
  • 3 scenario-based knowledge checks (15 questions)
  • NASBA-compliant final exam (25 questions)
  • Certificate of completion (4.2 CPE)
4.2
CPE Hours
5
Modules
15
Lessons
5.0
Average Rating
1,000+
Professionals Served
About This Course

The Complete Playbook for Large-Load Interconnection

Hyperscale data centers, cryptocurrency mining, EV charging hubs, hydrogen electrolyzers, and industrial electrification are driving an unprecedented wave of large-load requests at utilities and cooperatives of every size. Getting the response right requires more than a rate schedule — it requires a coordinated approach across rate design, contract law, accounting, and regulatory policy.

This course walks through all four disciplines in sequence. You'll start with the fundamentals of what makes a load "large" and why load profile drives everything downstream. From there, you'll design defensible cost-of-service rates, structure the service agreement provisions that protect existing ratepayers from stranded cost risk, apply the correct CIAC accounting treatment under both FASB and GASB, and finish with the policymaker's framework for evaluating large-load applications — including the evolving federal landscape under FERC Docket RM26-4-000.

Whether a large load just showed up on your interconnection queue or you're getting ahead of one, this course gives you a complete, defensible playbook to work from.

Who This Course Is For
  • Rate analysts and finance staff evaluating large-load rate requests
  • Utility and cooperative attorneys drafting service agreements
  • Accounting staff recording CIAC and large-load transactions
  • Controllers and CFOs assessing stranded asset and portfolio risk
  • Commissioners and regulatory staff evaluating large-load applications
Your Instructor

Russ Hissom, CPA

Russ Hissom, CPA
Russ Hissom, CPA
Principal, UtilityEducation.com  ·  35+ Years of Utility Accounting Experience

Russ Hissom, CPA is a principal of UtilityEducation.com, providing on-demand professional education in FERC, RUS, FASB, and GASB accounting, finance, and ratemaking for electric utilities and cooperatives. With over 35 years of hands-on industry experience, he brings real-world expertise to a modern learning platform trusted by more than 1,000 professionals.

Learning Objectives

What You'll Master

Identify and classify the five large load types by load profile, load factor, coincident peak contribution, curtailability, and stranded asset risk — and explain why each characteristic drives rate design
Design defensible cost-of-service based rates by applying the four-step methodology, selecting appropriate demand allocators, and structuring minimum bills and ratchet clauses
Structure large-load service and interconnection agreements covering load commitments, infrastructure cost allocation, termination and stranded cost protections, creditworthiness, power quality, and renewable provisions
Apply the correct accounting framework for Contributions in Aid of Construction (CIAC) under both FASB and GASB, including the post-TCJA gross-up and ASC 606 revenue recognition
Evaluate large-load policy decisions as a policymaker, applying the five-question commission framework and interpreting the implications of FERC Docket RM26-4-000
Gain insight into when it's time to bring in your legal, rates, and accounting advisors to ensure agreements meet legal and regulatory scrutiny
Inside the Course

See the Playbook in Action

From load classification through rate design, agreement drafting, CIAC accounting, and commission policy — this course gives you a complete, defensible playbook for large-load interconnection requests.

Detailed Curriculum

Course Curriculum

Module 1 · 0.5 CPE Large Load Fundamentals

Foundational concepts for working with large electric loads: the 20 MW threshold, why load profiles drive rate design, and the market forces behind today's unprecedented large-load development boom.

  • 1.1 Defining a Large Load: Infrastructure Trigger & System Impact Free Preview
  • 1.2 The Five Large Load Categories & Their Characteristics
  • 1.3 What's Driving the Large-Load Boom & FERC Docket RM26-4-000
Module 2 · 1.0 CPE Rate Design

Master the full rate design toolkit for large loads — from the cost-of-service foundation through demand allocator selection, rate structure choices, and the load-type-specific provisions that make rates defensible before commissions and in litigation.

  • 2.1 The Four-Step Cost-of-Service Methodology
  • 2.2 Demand Allocators: Coincident vs. Non-Coincident Peak
  • 2.3 Seven Rate Design Tools & Load-Type-Specific Provisions
  • 2.4 Minimum Bills, Ratchet Clauses & TOU Pricing
Review 1 Knowledge Check — Modules 1–2

Five scenario-based questions covering load profile analysis, minimum bill structure, rate selection for electrolyzers, demand cost allocator choice, and stranded asset risk ranking across load types.

Module 3 · 1.0 CPE Developer & Interconnection Agreements

The contractual framework that protects the utility and existing ratepayers beyond what any rate schedule can accomplish. Covers all six core service and interconnection agreement provisions, with load-type-specific guidance and the commission approval process. Educational content only — not a substitute for review by your own legal counsel.

  • 3.1 Why a Tariff Isn't Enough & Agreement Timing
  • 3.2 Stranded Cost Calculation & Termination Fee Design
  • 3.3 Security Instruments & Power Quality Obligations
  • 3.4 G&T Tripartite Agreements & Commission Approval
Module 4 · 1.0 CPE Accounting Treatment

Complete accounting treatment of large-load transactions under both FASB (IOUs and cooperatives) and GASB (municipal utilities and public power), including CIAC journal entries, the post-TCJA gross-up, and ASC 606 revenue recognition for complex multi-element agreements.

  • 4.1 Four Critical Accounting Questions & FASB Treatment
  • 4.2 The TCJA Gross-Up: History, Taxability & Formula
  • 4.3 GASB 33, GASB 62 & 30-Year Amortization
  • 4.4 ASC 606 for Bundled Large-Load Agreements
Review 2 Knowledge Check — Modules 3–4

Five scenario-based questions covering FASB journal entries for CIAC, GASB 62 net income impact, TCJA gross-up calculation, ASC 606 treatment of bundled payments, and regulatory asset recognition under ASC 980.

Module 5 · 0.5 CPE Policy Issues

The policymaker's perspective: how to evaluate large-load rate applications rigorously, identify portfolio-level risk, apply the five-question commission framework, and navigate the evolving federal regulatory landscape — including FERC Docket RM26-4-000.

  • 5.1 The Five-Question Commission Evaluation Framework
  • 5.2 Portfolio Risk, Grid Reliability & FERC RM26-4-000
Review 3 Knowledge Check — Module 5

Five scenario-based questions covering EDR justification, FERC RM26-4-000 scope, termination fee step-down design, portfolio concentration risk metrics, and G&T cooperative tripartite agreement structure.

Final Exam Course Completion

Demonstrate mastery with a 25-question final exam covering all five modules, weighted proportional to CPE credit hours. A passing score of 70% (18 of 25 correct) is required for CPE credit. Your certificate of completion is available for immediate download upon passing.

Course Accreditation
NASBA QAS Self Study
Course #FT-12
Program LevelBasic
Area of StudyFinance – Technical
DeliveryQAS Self Study
PrerequisitesNone
Adv. PreparationNone
Exam Questions25
Passing Grade70%
Last Reviewed9/2/26
4.2
NASBA CPE Credits

This course provides educational content on large-load rates, agreements, and accounting; it is not legal, accounting, or regulatory advice. Consult your own legal, rates, and accounting advisors before executing any agreement or filing.

Common Questions

Frequently Asked Questions

What is included and how long do I have access?
All video lessons and course downloads are included. Course access is for 12 months from the date of purchase. Materials include reference guides and worked examples for rate design, agreement provisions, and CIAC accounting.
Do I need prior experience with large-load rates or agreements?
No. This is a Basic-level course. It starts from the fundamentals — what qualifies as a large load and why it matters — before building into rate design, agreement drafting, and accounting treatment.
Is this course relevant to my utility if we don't have data centers yet?
Yes. Large-load interest — from data centers to EV charging hubs to industrial electrification — is reaching utilities and cooperatives of every size. This course prepares you to evaluate a request and structure rates and agreements before you're negotiating under time pressure.
Does the course cover both FASB and GASB accounting treatment?
Yes. Module 4 covers CIAC accounting under both frameworks — FASB (investor-owned utilities and cooperatives) and GASB (municipal and public power utilities) — including the post-TCJA gross-up calculation and ASC 606 revenue recognition.
Is this useful for commissioners and regulatory staff, not just utility staff?
Yes. Module 5 is built specifically for the policymaker's perspective, including a five-question evaluation framework for large-load rate applications and the implications of FERC Docket RM26-4-000 for state commission authority.
Are courses eligible for NASBA CPE credits?
Yes. This course is approved for 4.2 CPE credits through NASBA. Upon passing the final exam (70% or better), you'll receive a Certificate of Completion that meets NASBA documentation standards.
What if I have more questions?
We welcome your questions anytime. Email russ.hissom@utilityeducation.com or call 608-628-4020.
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Get the Complete Large-Load Playbook

Join utility and cooperative professionals building a defensible, end-to-end approach to large-load rates, agreements, accounting, and policy — before the next request lands on your desk.

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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.

Refund & Cancellation Policy

Requests for refunds must be made in writing within 30 days of purchasing the course. No refunds will be granted after the qualified assessment has been completed. For any concerns, please contact us at 608-628-4020 or at russ.hissom@utilityeducation.com.

Legal Note

Course materials are provided for informational and educational purposes only. They do not constitute legal, accounting, or professional advice. © 2026 Utility Accounting & Rates Specialists, LLC. All rights reserved.