Learn industry best practices
Add career skills
Provide value to your organization
Courses for every experience level and for business!
What is your area of experience and interest?
We are a co-op, utility, or an industry association that needs training for our team or members!
We offer customized course learning paths at discounted group pricing. Click here to contact us for a discussion on customizing online course bundles to meet your training needs.
Learning path for new electric co-op and RUS accounting professionals
Here is a learning path that provides new accounting professionals with introductory and intermediate courses on electric co-op and RUS accounting.
Learning path for new electric utility and FERC accounting professionals
This learning path provides new accounting professionals with introductory and intermediate courses on utility and FERC accounting, including introductory construction accounting.
Learning path for experienced co-op and utility accounting professionals
This learning path provides experienced accounting professionals with advanced courses in accounting, rates, budgeting, and financial reporting.
FERC | RUS Construction Accounting
Applying best practices in construction accounting will lead to better cost of service and rate design studies, and more accurate financials.
Board and Council Member Training
This learning path provides Board, Commission, and Council members with insights into financial reporting and utility rates.
Memberships that give instant access to all classes!
For a broad range of classes in accounting, rates, and business strategy, an All-Access Membership may fit your needs.
Show all classes and free downloads!
Click here for our Resource Library of all courses, downloads, and videos.
We would like to find out more about the electricity business!
Find out more by taking our FREE 1/2 hour course "Introduction to the Electricity Business" to find out how electricity is delivered and how rates are developed for customers.
Over 3,000+ enrollments from all skill levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
New Electric Utility Accounting Professional Learning Path
Very good overview of the introduction to the electricity business. I just recently started a job with a utility and am taking some courses to learn as much as possible about the electricity industry. Will definitely be taking another course through utilityeducation.com
Jennifer
Russ Hissom, CPA
Frequently Asked Questions
All video lessons and course downloads are included in all courses. You have lifetime access to the courses and future updates.
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.
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.
The information is taken from industry best practices and the experience of the instructor in working with power and utilities organizations across the United States and Canada.
All courses are eligible for CPE for number of CPE hours shown in the course description. You'll receive a course completion certificate that also shows the number of CPE hours when you complete 100% of the course and take the course quizzes. CPE hours are computed based on a 50 minute presentation hour. 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, but many states do not require NASBA certification for all courses claimed for CPE. Final approval of a course for CPE credits is based on the requirements of each states’ regulatory body. We would recommend checking the state website for your license for specific requirements.
We welcome your questions anytime. Just email [email protected]. Thanks!
Here is a learning path that provides new accounting professionals with introductory and intermediate courses on electric co-op and RUS accounting.
Courses included in this learning path!
- Introduction to the Electric Industry
- RUS Accounting 101
- RUS Construction Accounting
- Electric Rates 101 - The Revenue Requirement
- Electric Rates 101 - Cost of Service and Rate Design
- How to Read and Analyze Financial Statements
- Using Key Performance Indicators
- Managing Patronage Capital and Cash Reserves
Get a firm foundation in co-op and RUS accounting that you can use in your everyday work and build on for the future!
This learning path provides new electric industry accounting professionals with an overview of the financial and accounting areas of a utility, including FERC accounting standards.
Courses included in this learning path!
- Introduction to the Electric Industry
- FERC Accounting 101
- FERC Construction Accounting Standards
- Electric Rates 101 - The Revenue Requirement
- Electric Rates 101 - Cost of Service and Rate Design
- How to Read and Analyze Financial Statements
- Using Key Performance Indicators
Get a firm foundation in electric utility and FERC accounting that you can use in your everyday work and build on for the future!
This learning path provides experienced accounting professionals with advanced topics in accounting, rates, and financial reporting.
Courses included in this learning path!
- Developing Electric Rates
- Advanced Construction Accounting
- Regulatory Accounting Using ASC 980/GASB 62 - 1 - Implementing and Common Uses
- Regulatory Accounting Using ASC 980/GASB 62 - 2 - Advanced Uses and Discontinuing
- ESG Accounting
- Allocating Interdepartmental Costs
- ASC 360 - Impairment Accounting
- GASB 42 - Impairment Accounting
These advanced courses will provide background information to use to navigate the changing industry and record some of those "difficult" transactions.
This learning path provides Board, Commission, and Council members with insights into financial reporting and utility rates.
Courses included in this learning path!
- Introduction to the Electric Industry
- Electric Rates 101 - Revenue Requirement
- Electric Rates 101 - Cost of Service and Rate Design
- How to Read and Analyze Financial Statements
- Using Key Performance Indicators
- ESG Reporting
- Strategies for Managing Patronage Capital and Cash Reserves
These classes give insights on where to focus your attention in reports to make informed approvals and decisions.
This learning path provides details on best-practices in electric construction accounting.
Courses included in this learning path!
- Step 1 | Standard Units
- Step 2 | Construction Overheads
- Step 3 | Classifying Projects
- Step 4 | Fixed Asset Accounting
- Advanced Construction Accounting
- Allocating Interdepartmental Costs
- Asset Impairments and Decommissioning Costs
- ASC 360 - Impairment Accounting
- GASB 42 - Impairment Accounting
Applying best practices in construction accounting will lead to better cost of service and rate design studies, and more accurate financial statements.
For a broad range of classes in accounting, rates, and business strategy, an All-Access Annual or Monthly Membership may fit your needs.
An All-Access Membership includes:
- Unlimited access to 30+ courses
- Access to downloads, spreadsheets, and "useable right after download" templates
- New content added regularly
- Watch on-demand: Desktop, tablet, or with mobile app
- Discounted pricing for annual members
- Cancel anytime (access continues through end of membership period)
We continue to add new content, so your insight library will continue to grow with courses based on practical applications and examples of best practices in the industry!
We offer on-demand courses and learning paths tailored to your cooperative or utility. The group courses are offered at discounted rates.
Business training
We provide classes for team members in operations, accounting, finance, and management. Courses and learning paths include short and longer courses in:
- FERC and RUS accounting fundamentals
- FERC and RUS construction accounting standards
- Course paths for new Board members and employees on industry accounting, finance, and rates
- Developing cost of service studies and designing customer rates
- Reading and analyzing financial statements
- Managing operations and finances with key performance indicators
- Using regulatory accounting to manage rate recovery
Our services include bulk enrolling your team, monitoring their progress (or providing group monitoring to your team’s training manager).
Contact us for a discussion on how we can structure a grouping of courses that meet your team’s learning objectives.
The Resource Library includes over 40 on-demand courses, free downloads, and free videos.
The library includes:
- Individual courses with materials for download.
- Learning paths of bundled courses focused on specific learning paths and experience levels.
- Free spreadsheet downloads that are ready to use. Spreadsheets are designed to save time and can be tailored to your organization.
- Free videos on implementing recent accounting standards (FASB and GASB) and productivity topics.
Seeking information on a specific topic or an industry best-practice? See what the Resource Library has to offer.
Companies and markets that we serve
Live Webinar - Introduction to Electric Cooperative Accounting!
Join us on Tuesday, June 11, 2024, for a 3-hour webinar tailored for new electric co-op accounting and finance professionals. Learn about the RUS Uniform System of Accounts, and dive deep into electric construction accounting, and patronage capital and cash reserve strategies!
Webinar details and sign-up>