Welcome and Introductions
Course Overview and Objectives
Terminology
Current Practices
Regulatory Environment
1
2:30
Ratemaking - A Strategic Perspective
Touching Stakeholders
Corporate Alignment
Risk Management and Profit Strategies
1
3:30
Cost Allocation and Rate Design Issues: Pipeline
Perspective
Rate Design Goals
Typical Rate Case Timetable
Overview of Cost of Service and Rate Design
1
4:30
Adjourn
2
8:30 AM
Cost Allocation and Rate Design Issues: LDC Perspective
Cost of Service Principles
Allocation Procedures
Customer Classification and Types
2
9:30
Cost of Service
Definition and Terms
Revenue Requirement Concepts
Rate Base Components
2
10:45
Ratemaking Exercise: The Van Go Transportation
Company
Noon
Lunch
2
1:15
The Ratemaking Game: Mock Rate Case Exercises
This session will consist of two separate case studies based on actual rate cases filed by an LDC. Participants will be divided into role-playing groups comprised of: decision-making commissioners, the LDC applicant, commission staff and interveners from consumer advocacy groups.
Each group will perform their respective roles in a courtroom setting which will allow for issue position presentations, witness cross examination, rebuttal arguments, commission deliberation of the positions presented by the various parties, concluding with a decision/vote by the commissioners. The actual results of the real rate case will then be revealed along with the commission's rationale for reaching their decision.
