Powering Strong Communities

Rate Design and Purchased Power: Cost Recovery Strategies

This is the second in a three-part series on Advanced Utility Accounting and Finance.
April 21, 2020
2:00pm - 3:00pm Eastern

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Utilities use mechanisms such as the purchased power and fuel adjustment clause to ensure rates encompass the “pass-through” costs associated with procuring base power supply. This charge is often a simple volumetric (cents per kilowatt-hour) rate for all customer classes, regardless of their average loads, and often includes costs associated with capacity and transmission. However, these latter costs may be better recovered through on-peak demand charges (i.e., $/kW for the month). Join this webinar to review how a utility might better reflect the utility’s cost of service in its rate design, including ways to employ demand charges associated with purchased power. 


  • Accounting for fluctuating power, capacity, and transmission costs
  • Determining expenses to be recovered in base rates vs. recovery of expenses through adjustment clauses
  • Differences in recovering power procurement costs in bilateral versus organized ISO/RTO markets
  • Matching demand charges with certain components of purchased power costs

Series Description

This three-part series offers utility finance professionals guidance in enhancing their utility’s day-to-day operations through advanced strategies. Explore the implications of the latest Governmental Accounting Standards Board (GASB) standards, review options for accounting recording mechanisms for rate recovery, and learn about the potential of internal audit projects and reviews on organizational efficiency. Receive practical applications for daily situations and best practices in the utility industry. 

Recommended for:

Utility finance professionals with intermediate to advanced experience.


Russ Hissom, CPA, CIA, CISA, CRMA
Russ is a Partner Emeritus with Baker Tilly. His experience with the firm since 1983 includes leadership within the energy practice with a focus on assurance and advisory for power and utility organizations. He is a national speaker, author and trainer on internal audit, risk assessment, utility rates and financial topics.

Contact Us

Have questions? Contact 202/467-2997 or [email protected]

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Registration/Fee Information

Registration is for one person (individuals receive unique log in credentials that cannot be shared). Discounted group pricing is available.

Individual webinars: $109 for members; $209 for nonmembers. Click on a webinar title to register individually:

The 3-part series (discounted price): $275 for members; $550 for nonmembers

  • Register for the series.
  • Webinars are recorded, in case you miss the live version (registrants automatically receive the recording within 24 hours). Continuing education credits are not available for recorded events.

Group Pricing

Save 50% when registering a group of 10 or more people. Contact [email protected] for details.

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How to Join a Webinar

  • Log-in information will be sent out the morning of each event (around 10:30 a.m. Eastern). If you do not receive the reminder email, please email [email protected]
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Technology Tips

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  • Each webinar is worth 1 CEU / .1 PDH / 1.2 CPE credits; CPE Field of Study: Specialized Knowledge
  • Registrants are required to log in via the individual web link provided by email before the webinar and participate for at least 45 minutes of the event, in order to receive a completion certificate.
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  • Links to all handouts and an audio recording will be sent out within 24 hours of the webinar.

Speaker Questions

We encourage you to submit questions for the speaker(s) in advance by emailing [email protected]. You may also ask questions through a chat feature during the webinar.

Contact Us

Have questions? Contact [email protected].