This course will provide a thorough understanding of the basic purposes, concepts, challenges, and solutions needed for ratemaking in today’s dynamic electric industry landscape. Topics to be covered include: establishing revenue requirements, assigning cost responsibility, and designing retail rates. Specific attention will be given to issues of financial planning, demand-side management, customer engagement programs, prepaid electric plans, contract rates, line extension policies, AMI data applications, standby and distributed generation (DG) rates, rate structure options, formula rate plans, and rate change communication strategies.
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