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Webinars set for June 26 and 27 on regional transmission organizations, accounting methods for developing rate structures


From the June 20, 2013 issue of Public Power Daily

Originally published June 20, 2013

By Meghan Riley
Education Coordinator

On Wednesday, June 26, APPA will hold a webinar, "Regional Transmission Organizations: RTO 101," from 2 to 3:30 p.m., Eastern time. This is the first in a series of two webinars designed to help APPA members better understand RTOs.

The speakers will review the formation of RTOs and their primary responsibilities, identify primary differences among the RTOs, and explain the markets that they operate. The webinar will begin with an explanation of RTOs and regional transmission organization markets, followed by two APPA members sharing their experiences of participating in an RTO.

The second webinar in this series, RTO 201, will be held on July 10 and will delve into the details of the RTO-operated mandatory locational capacity markets. It also will address recent rule changes in some RTOs that may impede public power utilities’ ability to self-supply their own loads with their own generation resources.
 
Then, on Thursday, July 27, from 2 to 3:30 p.m., Eastern time, APPA will offer a webinar on "Using Regulatory Accounting in Developing Rate Structures." While the accounting landscape continues to evolve, the basic part of the utility business—rate recovery—remains the fundamental accounting issue. In this webinar, Russ Hissom, CPA and partner with Baker Tilly Virchow Krause, will cover how to use accounting methods to match costs and revenues more effectively to utility rates.

Topics covered in this session will include:
•    Application of GASB 62 – Regulatory accounting principles in cost deferral and revenue recognition
•    What are some rate recovery mechanisms for deferred costs?
•    What accounting guidance can we use for major overhauls of generating units to ease the impact on rates?
•    How to use regulatory accounting for contributed fixed assets
•    Why is revenue deferral a useful tool in managing earnings to bond coverage?

Each webinar is worth 0.2 continuing education units, 1.5 professional development hours and 1.5 continuing professional education credits.

For more information and to register, visit www.APPAAcademy.org under Webinar Series or contact Meghan Riley at MRiley@PublicPower.org or 202/467-2919.

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