ONLINE COURSES

Utility Rates

UJB-905
In-Depth Seminar: Gas & Electric Utility Cost-of-Service and Rate Design
1.5 day on-demand seminar with Live Q&A
Available Now (30 day access)

Understanding gas & electric utility rates and their relationship to utility profits doesn't have to be confusing.

Master the fundamentals of energy rate-making and learn the financial and accounting differences between regulated and unregulated businesses with this comprehensive online training. This is a "must" seminar for anyone who is new to the utility industry or who is impacted by the utility rate-making process.

This proven online training program features the same material used in the popular PGS in-person classroom seminar. Register today and join the over 10,000 industry professionals who trust PGS for their energy training needs.

What You Will Learn

  1. A review of the jargon used in the regulatory process so the steps of a rate case are more understandable
  2. The motivation for utilities to file rate cases and the types of analyses they conduct in support
  3. How pricing structures are designed within rate proceedings
  4. Plain English explanations of numerous gas & electric regulatory terms and concepts, and how the federal and state rate-making process works.
  5. How gas & electric rate-making practices vary between investor owned utilities, municipal utilities, coops, and how these rate practices impact unregulated energy marketers.
  6. The jargon used in the regulatory process, so that you can understand each step of a rate case.
  7. Why utilities file rate cases and the types of analyses they conduct to support their proposals.
  8. The difference between cost of service and market-based pricing, and how these rates are applied.
  9. How various federal and state rate case procedures work, and how they differ.
  10. What the different cost components of the base rate case are, and how they are determined.
  11. The financial drivers for regulated utilities and how they differ from unregulated businesses
  12. How to improve utility profitability through the rate-making process.
  13. How different types of pricing structures are designed within rate proceedings

You Will Also Learn

  1. The specifics of various natural gas and electric rate structures; how to read a tariff; and how to analyze a gas & electric bill.
  2. What rate structures benefit customers and suppliers, and when.
  3. How rate structures are designed and applied in deregulated environments.
  4. How to calculate comparisons between regulated and deregulated supply procurement.
Seminar Agenda
Click each session to see a list of topics covered.
Session 1: Overview of the Natural Gas and Electric Utility Industry
Session 2: Gas and Electric Utility Rate Fundamentals & Theory
Session 3: Gas and Electric Utility Rate Applications
How This Online Course Works

Get the best of both worlds with this blended learning approach.

  1. Learn at your own pace and on your own schedule as you first enjoy the internet-streamed, on-demand seminar. Speed up, slow down, or repeat sections of the presentation.
  2. Upon completion, join us for one of our regularly scheduled live online Q&A sessions. A calendar of live Q&A dates and times is provided in the program access instructions you will receive. You can also email your questions directly to the instructor.
Course Access

You will receive immediate online access to the on-demand training presentation. The audio for the online seminar is only available through your computer or other Internet connected device. You will also receive links in your access instructions to PDFs for all the presentation materials in case you want to print or keep a copy.

The on-demand training presentations are available for a total of 30 days from the time any one of the training presentations is first accessed. After 30 days, your access to the on-demand presentations will expire. However the PDF formatted training program slides and other documents you receive are yours to keep.

Your Instructor
Jim Crist
President of Lumen Group, Inc

Jim Crist is President of Lumen Group, Inc. headquartered in the suburbs of Pittsburgh. He has over 27 years experience in the energy industry covering coal, gas, oil, propane, and electricity. Jim has conducted many strategic studies of the industry and prepared market and business assessments for several large energy companies. Before founding Lumen Group in 1996, Jim spent 20 years working for major energy companies in engineering, technology development, rate and regulatory policy development and marketing. He served as marketing vice president in both regulated and deregulated entities.  His consulting practice provides strategic planning, marketing and business development, and rate and regulatory consulting, along with serving as an expert witness in regulatory proceedings in several jurisdictions.

Program Pricing
On-Demand Three Session Online Training Program With Extensive Live Q&A
Equal to a 1.5 Full Day Classroom Seminar
 
$1,095 for single attendee, $875 per attendee thereafter.
Special pricing is available for groups of four or more. Click here for more information.

If you have additional questions please email customercare@pgsenergy.com or call (440) 853-1038.
Payment and Cancellations

Payment is required prior to training program access. Payment can be made by Visa, Mastercard, American Express, or corporate check. Your credit card will be charged at the time of registration unless other arrangements have been made.

Cancellations for online training programs can be made before the program access instructions are sent by PGS, and cancellations will result in a credit. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

Who Should Attend

Utility analysts, utility employees involved in customer service, sales, or marketing, Utility commission employees, industrial customers, commercial customers, Energy producers, utilities, electric generators, and marketers; energy and electric power executives; traders; marketing, sales, purchasing & risk management personnel; accountants; trading support staff; auditors; attorneys; government regulators; plant operators; engineers and corporate planners.

Prerequisites and Advance Preparation

This fundamental level group online training program has no prerequisites. No advance preparation is required.

Why Choose PGS?

PGS training programs are known for their clear explanations and in-depth content. Register today, and join the over 10,000 industry professionals who trust PGS with their energy training needs.