- November 8, 2017
9:00 am - 4:00 pm
Rate Making Strategies and Policy
Decisions for Electric Co-op Boards
Northfield Inn, Suites & Conference Center
3280 Northfield Drive – Springfield, IL
Registration: 8:30 a.m.
Registration deadline: October 27, 2017
Instructor: Jon Penry
The jointly developed (NRECA and CFC) publication titled, Retail Rate Guide (2017) is featured in this course. 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
Who should attend?
Cooperative directors, CEOs and senior staff.
Lunch and break refreshments will be served.
One (1) credit will be awarded upon the successful completion of this course. Credit for this course will be applied toward NRECA’s Board Leadership Certificate (BLC) or Gold status for those who have elected to enroll in the Gold status program.
For those cooperatives participating in the IEC Continuing Education Program, cancellations made prior to the registration deadline (July 7) will not be charged. Cancellations made 48 hours prior to the event will be charged $25. Since this course is being held off-site, “No Shows” will be charged the full administrative fee to be determined based on the charges incurred from the Northfield Center and any additional charges from NRECA. Substitutions are allowed.
Venue Phone: (217) 523-7900Address: