Rate Making Strategies & Policy Decisions for Co-op Boards (974.1) -- May 21, 2020 (beginning at 8:30 a.m.)
The jointly developed (NRECA and CFC) publication titled, Retail Rate Guide (2017) is featured in this course. If you haven’t taken this course in over three years, it’s time to take it again. Directors discuss the complex issues that they must balance when they consider business plans, financial policies, alternative rate philosophies and strategies. This course discusses how current rates methodologies affect rising power costs and the current focus on energy efficiency and conservation. Attendees use case studies and problems to analyze and discuss issues such as equity goals, long-range revenue requirements, achieving fairness for multiple rate classes, and dealing with proposed rate increases.
Recognize the board’s role as “regulator”
Discuss the board’s role in balancing rates policy with the needs of consumers, the cooperative, and regulators
Recognize the goals that rates can help achieve and the political trade-offs they require so the board can provide sufficient guidance to management through policy
Reference the jointly developed NRECA/CFC Retail Rate Guide to provide practical considerations and steps in the rate-making process as well as address the changes sweeping the electric utility industry
Registration for this event is now closed.