COS & Rate Design

 

Basic Cost of Service & Strategic DER Rate Design (APPA)

 

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November 3 - 4, 2020 (8:00 am - 3:30 pm)    |    NEPPA Training Center (Littleton, MA)

 

 

(June 9, 2020) Under guidance from federal, state, and local authorities, NEPPA is pleased to be gradually reopening its Headquarters/Training Center beginning June 15, 2020.

 

All visitors, staff and trainers are expected to follow the established practices and protocols to ensure the safety, health and well being of the NEPPA community.

 

In-house and @Your-Site Training is being held and scheduled in accordance with federal, state, and local guidelines.

 

  

NEPPA has partnered with the American Public Power Association to bring two high caliber cost of service and rate design training in-house.  Participants may elect to participate in one, or both days of the training program.

 

 

Who Should Attend

 

These courses are designed for:

  • General managers
  • Commissioners
  • Finance and accounting personnel
  • Rate analysts
  • Financial planners
  • Policymakers

 

Click here to download the detailed agenda.

 

Basic Cost of Service: Concepts & Rate Planning

Course Overview (1-Day, November 3, 2020)

 

Explore the ins and outs of cost of service — from basic concepts to leveraging data for decision making. Learn how to determine revenue requirements and key financial targets and relate them to cost of service. Find out how to develop a long-term rate plan and use financial targets to determine customer rates, borrowing needs, and capital improvements.

 

This course does not have prerequisites nor does it require advance preparation.

 

Recommended CEUs / PDHs / CPEs

 

Recommended CEUs 7/PDHs 6.5/CPEs 7.8
Field of Study: Specialized Knowledge

 

 

Learning Outcomes

 

Upon completion of this one-day course, participants will be able to successfully:

 

      1. Recognize the objectives of a cost of service (COS) study.

      2. Identify data needed for a COS and how it is used.

      3. Outline revenue requirements.

      4. Identify and calculate key financial targets that help determine rate changes.

      5. Define and understand common Cost of Service terminology.

      6. Classify Functionalization, Classification, and Allocation methods.

      7. Utilize COS results to identify rate structure applications to your utility.

      8. Develop best rate practices.

      9. Explain rate changes to the end user, board or council.

 

 

 

Strategic Rate Design: Trends and Distributed Generation Impacts

Course Overview (1-Day, November 4, 2020)

 

The electric industry is changing, and policies related to customer rate structures are no longer consistent with how a utility’s costs are incurred. Learn how to send proper price signals and how social and environmental objectives may factor into rate designs. Review rate trends and strategies from utilities across the nation and hear how others are integrating distributed energy resources and restructuring rates for electric vehicles, solar valuation and fixed and variable cost recovery. Gain hands-on experience by designing rates for a sample utility.

 

This course does not have prerequisites nor does it require advance preparation.

 

Recommended CEUs / PDHs / CPEs

 

Recommended CEUs  1/PDHs 10.25/CPEs 12.2 
Field of Study: Specialized Knowledge

 

 

Learning Outcomes

 

Upon completion of this one-day course, participants will be able to successfully:

 

      1. Identify alternative methods and factors to consider when modifying current line extension methodology.

      2. Describe the types of rates and methodology used to promote energy conservation, reflect utility costs or create revenue stability for the utility.

      3. Discuss the positives and negatives of the various rate structures and applications to your utility.

      4. Explain the benefits and application of economic development rates.

      5. Define the types of power cost adjustment methods used in the electric industry.

      6. Develop a long-term rate strategy.

 

 

Registration

 

Registration fees include coffee, breaks and lunch each day. Participants may elect to attend either of the one-day programs, or the full two-day program.

 

Registration fees are as follows:

 

1-Day Program (Either November 3rd OR November 4th)

Members: $525

Non-Members: $1,095

 

2-Day Program (November 3rd AND November 4th)

Members: $750

Non-Members: $1,425

 

 

Register now red button

 

 

Cancellations

 

Cancellations are accepted until Tuesday, October 13, 2020.  Substitutions may be made at any time.

 


 

Instructors

 

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 33 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 the Association. He holds degrees in water purification technology and accounting, as well as a master's degree in business.

 

Dawn Lund is vice president of Utility Financial Solutions and has over 20 years of experience in financial analysis for utility systems. She specializes in providing financial assessments, cost of service studies, and financial plans for utilities throughout the country, Canada, Guam and the Caribbean. She teaches financial planning courses and regularly speaks at conferences and industry events for APPA and other organizations across the nation.

 

Lodging

 

Lodging is not included in your registration fees and must be arranged directly with the hotel. If you need overnight accommodations, please contact any of the following hotels directly and be sure to mention you’re with NEPPA (or the appropriate code/account number) to receive the negotiated rate:

  

Courtyard by Marriott Littleton - King: $155/night + tax; Queen/Queen: $165/night + tax

102 Constitution Avenue

Littleton, MA 01460

(978) 540-5040 - If calling to make your reservation, be sure to mention either NEPPA or Northeast Power

Click here to make your reservation online using the Corporate Rate: BZL

 

The Westford Regency Inn & Conference Center - $120/night + tax

219 Littleton Road

Westford, MA 01886

(978) 692-8200

Click here to make your reservation online using the Rate Access Code: NEPPA.

 

SpringHill Suites Devens Common Center - $129/night + tax

27 Andrews Parkway

Devens, MA 01434

(978) 772-3030

Click here to make your reservation online using the Group Code: BZL.

 

Hilton Garden Inn Devens - $129/night + tax

59 Andrews Parkway

Devens, MA 01434

(978) 772-0600

Click here to make your reservation online using the Group Code: BZL.

 

 

 

Questions?

 

Please contact training@neppa.org or call the office at (978) 540-2200.

 

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