Advanced Utility Cost of Service & Retail Rate Design
Thursday, Feb. 2
Hotel Valley Ho
8:30 a.m. – 4:30 p.m.
Recommended CEUs .7/PDHs 6.5/CPEs 7.8
Field of Study: Specialized Knowledge
For CPE Accreditation, this course is a group-live offering.
This course highlights current industry trends around the country including the value of renewables, how systems are responding to distributed generation, unstable revenue recovery, and how utilities are attracting and retaining customers. Electric rates at most utilities are structured in a manner that does not always reflect a utility’s cost. This course discusses why and how to correct rate deficiencies, as well as the pros and cons of the various rate structures. Other topics include a discussion on the challenges in presenting rate designs to the public and governing bodies to get rate approval.
- Current industry rate trends
- Distributed generation issues and rate structures
- How to value renewables for your utility
- Rates that promote financial stability and energy conservation
- Pros and cons of alternative rate structures
- Developing time-differentiated (time-of-use) rate structures
- Options for developing economic development rates
- The purpose and types of power cost adjustment mechanisms
- Developing interruptible rates
- Issues to be aware of when developing car-charging rates
Intermediate/Advanced. Participants need a basic understanding of the cost allocation process through experience or attending APPA’s Basic or Intermediate Utility Cost of Service and Retail Rate Design courses.
Who Should Attend
This course is for utility staff and policymakers looking for advanced knowledge of cost-of-service and ratemaking processes.
Mark Beauchamp, CPA, CMA, MBA, is president of Utility Financial Solutions, a consulting practice that specializes in financial planning, cost of service, and rate-setting for public power utilities. He has more than 28 years of experience in electric utility consulting and management. In his previous positions, Beauchamp has assisted with improvements to accounting and operation practices, risk assessments, cost of service, and competitive rate designs. He is a frequent speaker at national and regional conferences and has taught a variety of courses for APPA. He holds degrees in water purification technology and accounting, as well as a master's degree in business.