Electric Regulation

• Why and how electric regulation historically evolved in the U.S.
• The 4 stages of regulation and which markets are in each stage
• The 5 primary functions regulation performs within the electric business
• The 3 main jurisdictions responsible for regulating the electric business
• Which regulator has jurisdiction over any specific participant or transaction
• The regulatory process and how it results in regulatory decisions
• The 4 basic types of regulatory proceedings and the purpose of each
• The process by which utility rates are set, the factors that impact rates, and how this process affects a utility’s profitability
• The impacts that regulation has on various market participants

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• What regulation is and does
• Why the electric industry is regulated
• The traditional electric market structure
• Competitive market participants under traditional regulation (non-utility generators and marketers)
• 5 functions of regulation
• Who the regulators are (federal, state and local) and what areas of the industry they regulate
• The federal and state regulatory compacts
• How the regulatory process works
• 4 types of regulatory proceedings (rulemakings, rate cases, certificate cases, complaint cases)
• The ratemaking process, step-by-step
• Incentive regulation and why this may be preferred over traditional regulation
• The ways in which regulation impacts monopoly companies and other market participants

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You may view this course as many times as you wish during the license period (45 days for a full-length course and 15 days for a short course). However, you may not share access to the course with anyone else. Enerdynamics will not be liable to you, or to anyone who may claim any right due to a relationship with you, for any acts or omissions in the performance of services under the terms of this license unless such acts or omissions are due to willful misconduct. With your purchase and/or use of this course you are accepting the terms of this license agreement.

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This Enerdynamics online training product has been uniquely designed to offer the best value in the business. With your purchase, you will receive:

• A 45-day single user subscription (15 days for short courses) to the course: view the course material as many times and in any order you like during the subscription period.
• E-mail access to Enerdynamics: feel free to ask any questions relevant to the course material.
• Professional audio and animated content developed by experienced education professionals: this is not a page turner!
• Online exercises and interactions: designed to cement your understanding.
• Reference materials: a list of acronyms and a glossary that you can view online with your course.
• Expert instruction: this course was developed by professionals with decades of energy experience in the industry.
• Full-color presentations: our seminars are carefully designed for maximum impact and interest.
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