Cost-of-service ratemaking is the methodology most U.S. utilities have traditionally used to set rates. But with the emergence of new technologies, is this still the best way for utilities and regulators to determine fair allocation of costs? This seminar explores how expectations from regulators are expanding, issues with the cost-of-service model as the energy industry evolves, alternatives to traditional cost-of-service earnings models (modified cost-of-service, performance-based, shared savings, market-based), evolution of rate design (fixed rates, time-of-use, critical peak pricing), communicating rate changes to customers, pricing for energy and other services that customers provide to the grid, and providing customers with rate choices.
What participants will learn
- Why traditional cost-of-service ratemaking is facing challenges in today’s evolving energy industry
- Alternatives to traditional cost-of-service ratemaking with examples of how they have been applied
- Issues with traditional rate design
- How rate design is evolving
- The importance of the customer in ratemaking
- How rate options can improve customer satisfaction
- How to communicate with customers about rates
Contact us at 866-765-5432 or e-mail for more information.