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DTSTART;TZID=America/Chicago:20271013T090000
DTEND;TZID=America/Chicago:20271013T160000
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SUMMARY:Rate-Making Strategies & Policy Decisions for Electric Cooperative Boards (BLC)
DESCRIPTION:Rate-Making Strategies & Policy Decisions for Electric Cooperative Boards (BLC #974.1)It is often said that the rate making process is part art and part science. The process includes many mathematical calculations\, but wisdom and judgment are also critical aspects of the process. Today\, the rate making process requires Boards of Directors\, CEOs\, and staff to develop fair and equitable rates that will produce margins necessary to meet financial goals and lender requirements\, member reliability\, and service requirements amid competitive pressures in an era of rising costs\, flat or declining sales\, or member bases impacted by economic circumstances\, energy efficiency\, or energy conservation.Participants will work through the rate making process\, focusing on the critical strategy and policy decisions Boards face.KEY TOPICS Recognize the critical strategic and policy rate-making decisions boards are responsible for making.Industry trends and issues that impact rates and rate design.Evaluate effective means for communicating rates to different classes of members. The impact on rates of key financial goals.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.
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE html><html><head><title></title></head><body aria-disabled="false"><p><strong fr-original-style="" style="font-weight: 700\;"><span style="font-size: 18px\; color: rgb(41\, 105\, 176)\;">Rate-Making Strategies &amp\; Policy Decisions for Electric Cooperative Boards</span></strong><strong fr-original-style="" style="font-weight: 700\;"><span style="font-size: 18px\; color: rgb(41\, 105\, 176)\;">&nbsp\;(BLC #974.1)</span></strong></p><p>It is often said that the rate making process is part art and part science. The process includes many mathematical calculations\, but wisdom and judgment are also critical aspects of the process. Today\, the rate making process requires Boards of Directors\, CEOs\, and staff to develop fair and equitable rates that will produce margins necessary to meet financial goals and lender requirements\, member reliability\, and service requirements amid competitive pressures in an era of rising costs\, flat or declining sales\, or member bases impacted by economic circumstances\, energy efficiency\, or energy conservation.</p><p>Participants will work through the rate making process\, focusing on the critical strategy and policy decisions Boards face.</p><p><strong fr-original-style="" style="font-weight: 700\;"><span style="color: rgb(41\, 105\, 176)\;">KEY TOPICS</span></strong><span style="color: rgb(41\, 105\, 176)\;">&nbsp\;</span></p><ul fr-original-style="" style="list-style-position: inside\;"><li>Recognize the critical strategic and policy rate-making decisions boards are responsible for making.</li><li>Industry trends and issues that impact rates and rate design.</li><li>Evaluate effective means for communicating rates to different classes of members. The impact on rates of key financial goals.</li><li>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.<p><br /></p></li></ul></body></html>
LOCATION:2340 Lorch Ave Eau Claire WI 54701
UID:e.5063.1615093
SEQUENCE:3
DTSTAMP:20261103T200529Z
URL:https://members.weca.coop/events-calendar/Details/rate-making-strategies-policy-decisions-for-electric-cooperative-boards-blc-1900190?sourceTypeId=Hub
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