How do electric utilities determine what customers should pay for power? This webinar explores the fundamentals of cost-of-service analysis—a cornerstone of rate setting in public and not-for-profit electric utilities. Students will gain a clear understanding of how utilities calculate the revenue required to operate sustainably and equitably, and how those costs are distributed across customer classes. Key topics include defining the revenue requirement, forecasting loads and revenues, understanding the rate base, and applying the principles of functionalization, classification, and allocation of costs. The session will also mintroduce the regulatory and policy context that shapes cost-based rate design, with examples from utility practices from across the U.S.
Location: Virtual
Instructor: Hi-Line Engineering