Are you new to the electric industry and wonder how you can get up to speed quickly to make an impact and contribution to your organization?

The more you know about the electric business, the better value you bring to your organization and to your career!

This class will give you a high-level overview of how an electric utility and cooperative gets electricity to its customers, how it operates, the level of oversite governance, and the finances that make for a healthy business. You will be able to immediately use this information in your day to day work and "speak electric" with your peers!

Power plant

What you'll learn in this course

  • You'll learn how electricity is produced and delivered to customers.

  • You'll learn how power markets make for an efficient allocation and distribution of electricity across North American.

  • You'll be able to identify what people do in a utility or co-op and the impact each position has on your organization.

  • You'll learn how electric rates are developed and how customers pay for their use of electricity.

  • We'll discuss trends in the electric industry and what the electric industry of the future may look like, good information for planning your department's evolution to meet the new demands of the business.

  • You will be able to converse confidently with your team using electric industry terms

Course Overview

  1. 1
    • Copy of Class kickoff survey - What are your hopes for this class?

    • Introduction | Welcome to the Electric Business!

    • Here's a tour of the course player!

    • Here's What We'll Cover in This Class!

    • How Does Electricity Get to My House?

    • What Do People Do in an Electric utility and Electric Cooperative?

    • How Do Electric Co-ops and Utilities Set Electric Rates for Service to Customers?

    • Electric Industry Trends - What Does the Electric Business of the Future Look Like?

    • Course Wrap-up

    • Welcome to the Electric Business - Summary Quiz

    • How did we do, were your learning objectives met? Please take this quick survey and let us know!

This course is for you if

  • You are a new employee or Board Member and want to know more about how the electric utility business works.

  • You want to learn how to "speak electric" and how your role fits with your organization's overall business.

  • You're a Board Member and need a deeper understanding to help you in making oversight decisions.

  • You are an auditor of electric utilities or cooperatives and want to know more about the business so you can do a better job auditing.

Let me share insights that will bring value to your organization and career!

Russ Hissom, CPA

Russ Hissom, CPA, is the owner of Utility Accounting Education Specialists (UAES). His goal is to share his electric industry knowledge with you, helping you address your day-to-day work, adding value to you as an individual in your career development and to your electric utility or cooperative.

Russ built his experience through:

  • Learning and leading industry best practices by serving electric investor-owned and municipal utilities, and electric cooperatives
  • 35 years of financial and consulting electric industry experience
  • Past partner in the energy practice of a national public accounting and consulting firm
  • A focus on helping co-ops and utilities become more efficient and prepare for the "power and utilities organization of the future"

    Let Russ help you build your knowledge, help your organization, and enhance your career!

Russ Hissom Electric Industry Instructor

Who should take this course?

  • New electric finance employees

  • New electric co-op or utility Board members

  • New electric operational employees

  • New electric engineering employees

  • New electric support function employees

  • Auditors of electric cooperatives and utilities

How does this course build my knowledge?


What background should I have to take this course?

  • You can have little or no knowledge of the electric industry.

  • Being an electric customer will give you an appreciation for how electricity gets to your house or business.

  • You’ll be an “expert” in an hour of class and able to “speak electric”.

What you'll get from this course!

  • Course resources

    Over 40+ pages of course materials; jump directly to or replay key concepts with clickable time-reference navigation

  • Continuing Education Credits - CPE

    1.76 credits of CPE

  • Analysis and insights

    Learn about the electric industry from production, to delivery, to current and future trends

  • 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

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

$15 per month

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

$155 per year

Premium Membership - Quarterly

  • Includes everything in All-Access Membership plus:

  • Monthly, live, recorded, one-hour group sessions on new areas and a discussion of your questions on utility and co-op accounting and finance and any other topics - Attend live or listen to the recording anytime

  • 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

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

$130 every 3 months

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.

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