Event Calendar

Wednesday, October 13, 2021

Rate-Making Strategies and Policy Decisions for Electric Co-op Boards (BLC)

Start Date: 10/13/2021 9:00 AM CDT
End Date: 10/13/2021 4:00 PM CDT

Venue Name: Holiday Inn South

4751 Owen Ayres Ct
Eau Claire, WI  United States  54701

Organization Name: Wisconsin Electric Cooperative Association

Wendy Fassbind
Email: wendy@weca.coop
Phone: (608) 467-4589

Registration: 8:30 a.m.
Program: 9 a.m.-4 p.m.

Rate-Making Strategies and Policy Decisions for Electric Cooperative Board (#974.1)
1-1/2 Skill Builder Credits

The jointly developed (NRECA and CFC) publication titled, Retail Rate Guide (2017) is featured in this course. If you haven’t taken this course in over three years, it’s time to take it again. 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.

Key topics:
  • 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

Associate Membership

Associate membership in the Wisconsin Electric Cooperative Association provides a continuing opportunity for providers of goods, services, materials, and equipment to build and maintain networking contacts with Wisconsin's electric co-ops and others with interests and needs related to all aspects of the electric power industry.

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