Utility Capital Budgeting and Planning

Utility Capital Budgeting and Planning

August 23-24, 2021 | Online :: Central Time

Overview

The EUCI Utilities Capital Budgeting and Planning course will provide an in-depth explanation of the utility’s regulatory environment regarding revenue and capital projects. This training will focus on how capital fits into the big picture for different types of utilities, and how capital impacts utilities’ bottom line. The course will also cover project processes implementation, business case development for capital projects, and how to develop cost estimates. Cost of service, rate design and regulatory accounting will be covered briefly to provide context around capital budgeting and planning. Attending this course will strengthen attendees’ ability to plan and budget for their projects and improve their approvals outcomes. Lastly, this new course will close with best practices and how to monitor implemented and in-progress capital projects.

Learning Outcomes

Knowledge

  • Navigate utilities ratemaking process and discuss the downstream impact of capital investments
  • Review the utility business model, revenue requirement, rate of return, and rate base
  • Review the capital budgeting overall process along with its main considerations and applications
  • Identify the elements of cost of capital and learn methods to calculate it
  • Discuss the theory of capitalization versus expense and its implications

Skills & Competencies

  • Advance capital projects business case development capabilities and master main components and strategic considerations
  • Improve project cost estimating skills and learn key forecasting techniques
  • Review project risk analysis and how to incorporate it into project budgets and execution plans
  • Identify methods to monitor implemented and in progress capital projects
  • Enhance overall corporate finance knowledge, skills, and competencies

 

Agenda

Monday, August 23, 2021 : Central Time

8:30 – 9:00 a.m.
Log In and Welcome

12:00 – 12:30 p.m.
Lunch Break

9:00 a.m. – 4:00 p.m.
Course Timing

Short breaks will be taken throughout the sessions

Ratemaking Process Overview

  • Why are utilities regulated
  • Governing Agencies
  • General Rate Case (GRC)
  • Cost of Capital Application
  • Procurement-related Applications

Utility Revenue Model

  • Regulated Vs Unregulated
  • Rate Base
  • Rate of Return (Capital Structure and Cost of Capital)
  • Revenue Requirement
  • Balancing Accounts
  • Regulatory Accounting (FERC Accounts)

Capital Budgeting

  • Overview
  • Long Term Capital Planning
  • Cost of Capital
  • Capital Budgeting Process
  • Financial Governance
  • Evaluating Risks of Capital Projects
  • Post Completion Auditing
  • Best Practices

Capital Projects Business Case Development

  • Types of Capital Investments
  • Strategic Alignment
  • Screening Criteria
  • Feasibility Assessment
  • Business Case Summary
  • Project Background
  • Strategic Rationale
  • Risk Assessment
  • Scope & Constraints
  • Key Stakeholders
  • Alternative Investment Analysis
  • Objectives, Outcomes, and KPIs
  • Project Lifecycle Costs
  • Financial Outlook
  • Key Assumptions

 

Tuesday, August 24, 2021 : Central Time

8:50 – 9:00 a.m.
Log In and Welcome

9:00 a.m. – 12:00 p.m.
Course Timing

Short breaks will be taken throughout the sessions

Capital Projects Cost Estimating

  • Capital Vs Expense
  • Forecasting Costs of Capital Project
  • Cost by Work Activity (Install, Remove)
  • Cost by phase (Design, Permitting, Construction)
  • Cost by Spending Category (Labor, Materials, Others)
  • Project Controls
  • Capital Write offs

Monitor Implemented and In-Progress Capital Projects

  • Spend
  • Schedule
  • Performance
  • ROI/ROC
  • Customer Satisfaction

Instructor

Hatem Kateb, Senior Finance Project Manager, Southern California Edison (SCE)

Hatem Kateb is a finance professional with 14 years of experience in corporate finance and business operations. He currently provides financial leadership to a $2B portfolio of capital investments and operational activities at Southern California Edison; one of the world’s largest investor-owned utilities. Prior to SCE, he held several finance leadership roles at leading organizations including Vodafone, Johnson & Johnson, and Port Logistics. Hatem’s academic credentials include an MBA from Pepperdine University, Operations Management Certification from the Wharton School of Business, and a BS in Accounting & Finance from Cairo University.

Online Delivery

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

  • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
  • You will receive a meeting invitation will include a link to join the meeting.
  • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
    • You will need to join the appropriate meeting at the appropriate time.
  • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
  • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Register

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event

Event Standard RateAttendees
Single Connection - Utility Capital Budgeting and PlanningUS $ 1195.00
Pack of 5 connectionsUS $ 4,780.00
Pack of 10 ConnectionsUS $ 8,365.00
Pack of 20 ConnectionsUS $ 14,340.00
Call us at 303.770.8800 if you have any specific questions on the volume discounts
* all other discounts do not apply to license packs

This event has the following related events:

Electrical Capital Project ManagementUS $ 1295.00
Pack of 5 connectionsUS $ 5,180.00
Pack of 10 ConnectionsUS $ 9,065.00
Pack of 20 ConnectionsUS $ 15,540.00

By registering I indicate I agree with EUCI's privacy policy and understand I may receive emailed reports, articles, event invitations and other information related to products and services from EUCI and any of our business partners. I understand I may unsubscribe at any time by clicking the link included in emails.

Take advantage of these discounts!

  • Attend the Course and Electrical Capital Project Management and pay US $ 2,295.00 per attendee (save US $ 195.00 each)

Cancellation Policy

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before July 23, 2021 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Secured By:

CEUs

Credits

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EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).  In obtaining this accreditation, EUCI has demonstrated that it  complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.

EUCI is authorized by IACET to offer 0.9 CEUs for this event.

Requirements for Successful Completion of Program   

Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit.   

Instructional Methods   

PowerPoint presentations and open discussion   

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