Does the electric ratemaking process seem like magic to you?

If your role is to approve electric rates, here is a crash course into the process.

If you are a Board or management member charged with reviewing and approving electric rates, or a utility or cooperative team member who provides inputs into electric rate studies, this course gives a high-level overview of the process and your role in its success.

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What you'll learn in this course

  • You'll learn about the components of the revenue requirement

  • We'll demonstrate how the rate of return is used to determine the return on ratebase

  • We'll discuss how the revenue requirement feeds the cost of service study

  • High-level cost of service principles will be reviewed

  • We'll discuss electric rate philosophy and its relation to the cost of service to customers

  • You'll learn the direct questions to ask to make management and board decisions on electric rate adjustments

  • In this 60 minute class you’ll earn 1.24 continuing professional education credits.

  • You'll get pop-ups along the way encouraging you to keep going and unexpected surprises at any time!

9 lessons and quizzes | 1.00 hour of content | 1.24 credits of CPE

Deepen your understanding of the revenue requirement, cost-of-service study, and designing equitable rates. Here are the inputs, allocations, and outputs.

01
How the revenue requirement and cost-of-service study work togather
02
Load curves and designing electric rates
03
What questions should a Board Member or management ask before approving customer rates?
04
Quizzes and downloads to level up your knowledge

This course is for you if........

  • You are a Board member or new employee and want to find out how the ratemaking process works

  • You are a Board member and want to know how to review financial and rate reports and what questions to ask before approving electric rates.

  • You are a new electric cooperative or utility employee who prepares information for rate studies.

  • You are a rate study report preparer and want to gain perspective on presenting reports to a non-technical audience.

  • You are an auditor of electric utilities or cooperatives and want high-level insights into how electric rates are developed.

  • You'd like access to a community of electric industry accounting and finance students to share questions, answers, and comments on the electric business.

Student Success

5 star rating

Good Overview

Lydia Caminiti

Great high-level overview of the rate design process. Also gave some good items/questions to consider during the rate case process.

Great high-level overview of the rate design process. Also gave some good items/questions to consider during the rate case process.

Read Less

I'm passionate about the power and utilities business and my goal is to help you and your organization!

I'm Russ and I am passionate about the electric, water, wastewater, gas, and broadband business! My goal is to share what I've learned in serving electric co-ops and utilities of all sizes with accounting, finance, and business process services.

I would love to help you learn more and help you and your organization! Check out the offerings for courses and consulting services. You'll get tidbits you can use immediately in your work!

Worked with co-ops and utilities across the US and Canada
Presenter and educator for American Public Power (APPA), American Waterworks Association (AWWA), Edison Electric Institute (EEI), American Gas Association (AGA), and state industry organizations
Experience includes rate studies, FERC accounting implementation, business process reviews, and expert witness testimony before FERC, state commissions, and in arbitration proceedings

Who should take this course?

  • Electric utility and cooperative board members

  • New electric utility and cooperative employees Finance managers

  • Finance Managers

  • Budget Analysts

  • Rates Analysts

  • Auditors of electric cooperatives and utilities

What you'll get from this course!

  • Course resources

    Over 30 + pages of course materials; jump directly to or replay key concepts with clickable time-reference navigation

  • Continuing Education Credits - CPE

    1.24 credits of CPE - Final approval of a course for CPE credits is based on the requirements of each states’ regulatory body

  • Analysis and insights

    Flowcharts and analysis insights provide the backdrop for better understanding of financial statements and efficient ways to use them in your role in the organization

  • Certificate of Completion

    On 100% completion of the course

  • Course access on desktop, table, and mobile

    Learn on-demand, wherever you are

  • The Power of Community

    Access to the Electric Industry Accounting and Business Community to share, questions, answers, and comment on the electric business with other community members

What background should I have to take this course?

  • No previous knowledge of electric ratemaking is needed. We start from the ground up.

  • Some introductory knowledge of the electric industry is not necessary, but can help you experience more benefits from the course.

  • This course is designed for those who provide provide inputs into a study or are charged with approving electric rates at your electric utility or cooperative.

How does this course build my knowledge?

Monthly, quarterly, and annual memberships provide unlimited access to all courses and resources
Get an All-Access or Premium Membership

All courses and resources are built on power and utilities industry best practices and provide practical solutions you can implement in your unique organization

All-Access Membership - Monthly

  • Unlimited access to over 20 online/on-demand courses, 30 hours of content, and spreadsheet resources

  • Download copies of all course content

  • For every course completed you will receive a Certificate of Completion with CPE credits

  • Access to the Power and Utilities Community page to ask questions, get answers, and share ideas

  • Binge courses OR spread them out to meet your schedule

  • New courses are added each month

  • Cancel anytime and have access through the end of your membership period

  • Classes are available on-demand from your desktop, tablet, or phone

$27 per month

Get a Monthly All-Access Membership >

All-Access Membership - Annual

  • Unlimited access to over 20 online/on-demand courses, 30 hours of content, and spreadsheet resources

  • Download copies of all course content

  • For every course completed you will receive a Certificate of Completion with CPE credits

  • Access to the Power and Utilities Community page to ask questions, get answers, and share ideas

  • Binge courses OR spread them out to meet your schedule

  • New courses are added each month

  • Cancel anytime and have access through the end of your membership period

  • Classes are available on-demand from your desktop, tablet, or phone

$257 per year

Get an annual All-Access Membership >

Premium Membership - Quarterly

  • Includes everything in All-Access Membership plus:

  • Monthly live one hour one-on-one session with you for discussions of your questions on co-op and utility FERC and NARUC accounting, cost-of-service, rates, finance, best-practices in construction accounting, and any other topics you’d like to discuss!

  • Include your team members for a wider discussion of the issues!

  • Download three eBooks on FERC construction accounting and ASC 980/GASB 62 regulatory accounting

  • Previews of new courses and your input into course development and future courses

$247 every 3 months

Get a Premium Membership >

Continuing Professional Education (CPE) Credits

  • All of our online courses are modeled on the guidelines of the AICPA and NASBA Statement on Standards for Continuing Professional Education (CPE) Programs. Courses are not NASBA certified.

  • Final approval of a course for CPE credits is based on the requirements of each states’ regulatory body.

Try this bundle for a well-rounded approach to the finance fundamentals of the power and utilities business!


TAKE 20% OFF A MONTHLY, QUARTERLY, OR ANNUAL MEMBERSHIP (12 months)-USE COUPON CODE
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