Guernsey
Starting at USD 895
Wed, 24 Sep, 2025 at 08:15 am - Thu, 25 Sep, 2025 at 04:00 pm (GMT-05:00)
Guernsey
5555 North Grand Boulevard, Oklahoma City, United States
IN-PERSON Seminar
Explore the practical side of cooperative cost recovery and rate designs with us. The pressure on cooperative costs directly affects members, prompting you to regularly consider alternatives to rate adjustments. Itโs crucial to grasp the various factors influencing your cooperativeโs revenue needs and find effective ways to recover costs.
Tap into the expertise you needโthis seminar offers invaluable insights from seasoned professionals at Guernsey. We have been serving electric cooperatives for more than 80 years and currently support nearly one-third of the nationโs cooperatives.
WHY YOU SHOULD ATTEND:
ยท Get a straightforward walk through of the cost of service and rate design process
ยท Understand the merits of common and not-so common rate designs
ยท Make your Cost of Service Study work for you
ยท Feel confident discussing rates with your members
ยท Engage in valuable networking with industry peers
ยท Benefit from interactive, instructor-led discussions that explore real-world experiences of attendees
ยท Receive more in-depth training with hands-on learning
ยท Take home a comprehensive class reference notebook with organized materials for easy future use
September 24, 2025, 8:15 a.m. - 4 p.m. CST
September 25, 2025, 8:15 a.m. - noon CST
(Cost per attendee includes both days)
For additional information, contact dGFyYSAhIGhpcnJpbGwgfCBndWVybnNleSAhIHVz or call 405.416.8153
Speakers:
Rebecca Payne, VP, Managing Consultant at Guernsey
Justin Proctor, VP, Managing Consultant at Guernsey
Josh Dan, CPA, MBA, Rate Analyst at Guernsey
Info: Module 1
ยป What is the Cost of Service process?
ยป Understanding accounting principles in the Cost of Service
ยป How to establish the appropriate Revenue Requirement: How much margin is needed?
โข Financial Ratios
โข Cash General Funds
โข Equity
โข Capital Credit Retirements
Module 2
ยป How much margin will we have?
ยป Test Year versus Adjusted Test Year
ยป What is the Adjusted Test Year?
โข Whatโs changing?
โข Sales?
โข Payroll and Benefits?
โข Weather?
โข Other?
Module 3
ยป Evaluate the Identified Revenue Requirement
โข Does the margin cover expenses?
โข Does the margin achieve financial goals and objectives?
Module 4
ยป How are costs incurred?
โข Distribution system costs versus power costs
โข Fixed costs versus variable costs
โข Number of customers
โข Load requirements
โข Energy requirements
Module 5
ยป Cost of Service summary
โข How much does it cost to serve each rate class?
โข How much does it cost to serve each consumer in a rate class?
Info: Module 7
ยป Cost Based Rate Design
โข Customer Component
โข Power Supply Capacity and Delivery
โข Distribution (wires) Capacity
โข Distribution (wires) Customer
โข Customer Accounting and Customer Services
Module 8
ยป Rate Trends
โข Time of Use and Interruptible Rates
โข Residential Three-Part Rates
โข Electric Vehicle
ยป Adjustment Clauses for cost recovery
โข Examples: Power Cost, Fuel Cost, Interest/TIER
โข Pros and Cons
Module 9
ยป Special consideration of Contract Rates for Industrial Loads
ยป Using the Cost of Service to determine Line Extension Allowable Investment
Also check out other Workshops in Oklahoma City.
Tickets for Knowledge is Power: Understanding Rates and Cost of Service Seminar can be booked here.
Ticket type | Ticket price |
---|---|
General Admission (Per Attendee) | 895 USD |