NEPPA has partnered with the American Public Power Association to bring a high caliber cost of service workshop: Implementation and Applicatio training. Participants will participate in a two-day training program.
These courses are designed for:
>General managers >Commissioners >Finance and accounting personnel >Rate analysts >Financial planners >Policymakers
Explore the ins and outs of cost of service—from key concepts to the nuts and bolts of working through a cost of service model. Get hands-on experience working with an actual Excel model to apply cost of service and rate design principles and processes to electric, water, sewer, gas, and other municipal services. Complete the step-by-step process of putting a cost of service study together and review how to develop a fully functional and unbundled cost of service study. As you explore what it takes to do a thorough cost analysis, gain lessons learned from real-world examples. This course does not have prerequisites, nor does it require advance preparation.
Course Topics • Basic cost of service and pricing concepts, terminology, and processes • Collecting and using cost of service data and organizing costs • Allocating municipal facilities and expenses • Classifying generation, transmission, and distribution expenses • Categorizing generation types and primary cost components • Collecting and applying load research data • Developing and applying cost allocation factors • Gauging customer voltage levels • Apply cost allocation factors in a cost of service model • Determining monthly customer facilities and billing costs • Identifying bundled and unbundled primary cost components • Applying cost of service components to rate designs • Understanding the limitations of a traditional cost-of-service model
Upon completion of this course, participants will be able to successfully:
• Explain the role of rates and cost of service studies, define common terminology • Understand how to identify, collect, and organize costs • Explain how to functionalize utility assets and expenses • Outline how utility assets and expenses are classified • Develop and apply cost allocation factors, and define how customer allocation factors are determined • Identify methods used to collect load research data, and how to utilize utility load data to properly assign customer costs • Outline how to determine monthly customer facilities and billing costs, and explain cost components of your utility • Describe bundled and unbundled primary cost components, and specify cost components related to monthly customer charge • Understand how to implement rate adjustments based on cost of service study results • Utilize a functional cost of service model, and summarize study results for end user, Board, Commission or Council • Understand the limitations of a traditional cost-of-service model
2-Day Program (November 8 – 9, 2022)
