PURPOSE:
This one-day, instructor-led course covers basic utility finance and rate-making. Participants learn the basic concepts of finance and rate-of-return regulation, and how to use them to explain their company’s corporate strategy and the specific challenges it faces.
WHO SHOULD ATTEND:
All employees at a regulated utility will benefit from taking this course. To achieve the most from the course, participants would ideally have either 10 years of energy industry experience or a four-year college degree and at least 3 years of energy industry experience.
CONTENT OVERVIEW:
This course covers the following:
- The three major financial statements
- Income statement
- Balance Sheet
- Cash Flow Statement
- Return on Equity (ROE) and its components
- Net Income Percent
- Asset Turnover
- Financial Leverage
- Capital Investment Analysis
- Capital Analysis Process
- Present Value (PV)
- Net Present Value (NPV)
- Rate-of-Return Rate-Making
- Rate Base
- Return on Rate Base
- Revenue Requirement
- Optional : Modifications to Rate-of-Return Rate-Making Specific to Your Service area
CUSTOMIZATION:
The content of this course, as well as the examples and exercises, can be customized to meet your specific training needs.
Course Description and Outline
Email us at mortherald@excidian.com or call 304-312-5640 to discuss this course in greater detail and determine if it will add value to your leadership development curriculum.