Not-for-profit electric utilities face unique financial challenges and responsibilities. This webinar introduces core principles of revenue requirements and budgeting within the context of publicly owned and cooperative electric utilities. Revenue requirement approaches will include discussion of cash-basis and accrual-basis accounting. Participants will learn how organizations determine the cost of providing service, develop annual budgets, and set rates that ensure financial sustainability. Key topics include the components of revenue requirements, the role of cost-of-service studies, and how budgeting aligns with strategic planning and regulatory compliance. Real-world examples and simplified models will help students understand how financial decisions support reliability, equity, and longterm infrastructure investment.
Location: Virtual
Instructor: Hi-Line Engineering