"One of the best courses I have attended presented by a man, Bill Steele, who is very knowledgeable and familiar with ratemaking applications and the alternative methodologies."
General Counsel, Bahamas Power & Light
May 7 - 8, 2025 Online :: Central Time
"One of the best courses I have attended presented by a man, Bill Steele, who is very knowledgeable and familiar with ratemaking applications and the alternative methodologies."
General Counsel, Bahamas Power & Light“This is a very effective introduction to the topic.”
Director Rates Modernization, NB Power“I appreciated Bill's expertise and depth of knowledge for the subject matter he presented. His real-life examples helped with a better understanding of these mechanisms in practice.”
Research Data Specialist, CPUC“The training session was fabulous. Bill Steele presented the course material in a simple and straightforward manner and included some of his real-life experiences, which made it much more relatable.”
Regulatory Analyst, BCUC
Ratemaking is a major regulatory function that touches all aspects of utility operations. It also has wide-ranging ramifications for the different objectives that state utility regulators try to achieve. Traditional ratemaking which is referred to as “Rate of Return (ROR) ratemaking”, or “Cost-of-Service Regulation” has been a mainstay of state public utility regulation since its inception.
However, over time, state utility commissions have modified ROR ratemaking to accommodate changes in the regulatory ratemaking landscape such as volatility in fuel prices, changing public policy mandates, incentives to deploy new technologies, changes in environmental conditions, competition, customer choice and numerous other factors which have called for the use alternative ratemaking mechanisms instead of traditional ROR ratemaking practices. Although ROR ratemaking is still prominent in the regulatory landscape, alternative ratemaking mechanisms, such as trackers, riders and AFORS, now occupy a greater role in the current and ever-changing regulatory environment.
Attendees of this course will receive not only a thorough background in the genesis of Alternative Ratemaking and the problems it attempts to solve but will also be guided through specific mechanisms and finish with hands-on problems to practice what you have learned.
Upon completion of this course, participants will be able to successfully:
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 attendees for 7 days after the event
| Individual attendee(s)$ 1195.00 each | |
Volume pricing also availableIndividual attendee tickets can be mixed with ticket packs for complete flexibility |
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| Pack of 5 attendees$ 5,075.00 (15% discount) | |
| Pack of 10 attendees$ 9,560.00 (20% discount) | |
| Pack of 20 attendees$ 17,925.00 (25% discount) | |
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 April 04, 2025 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
Wednesday, May 7, 2025
Central Time
Online
Short breaks will be taken throughout the course (30 minutes total)
12:00 – 12:30 pm Lunch Break
Thursday, May 8, 2025
Central Time
Online
Mr. Steele has over 40 years of experience in public utility regulation in which he has acquired an extensive knowledge of electric, gas and telecommunications industries. Mr. Steele has expertise in utility accounting, revenue requirements, cost allocation, class cost-of-service studies, rate design, cost-of-capital, alternative forms of regulation, mergers and acquisitions.
Prior to forming Bill Steele and Associates LLC in May of 2012, he spent 34 years with the Colorado Public Utilities Commission (CPUC) as an advisor to the Commissioners, Mr. Steele served as an advisor to the three Colorado Public Utilities Commissioners and the Commission’s six Administrative Law Judges. Mr. Steele demonstrated his broad expertise in the areas of electricity and natural gas utility regulation, which included the areas of revenue requirements, cost-of-service analysis, rate design and alternative forms of regulation. He also served in the role as the Commission’s subject matter expert in utility accounting and finance matters.
In addition, Mr. Steele’s advisory responsibilities included the training of new Commissioners as well as conducting in-house training courses on various utility issues, such as how to apply traditional regulatory principles to emerging issues in public utility regulation.
Mr. Steele has also been an instructor at “Basics of Regulation” training course offered by the Center for Public Utilities (CPU) at New Mexico State University for over 20 years. The main topics which Mr. Steele teaches included revenue requirements, a hands-on revenue requirement problem, class cost-of-services studies and other regulatory topics as required. Mr. Steele In his role as an instructor at the CPU has trained numerous state commissioners, members of state commissions staff, as well as members from industry and consumer advocate organizations. Mr. Steele is also a member of the CPU’s Advisory Council.
Mr. Steele is a frequent presenter to the National Association of Regulatory Utility Commissioners Staff Subcommittee on Accounting and Finance on various regulatory topics, including alternative forms of regulation. On January 5, 2018, Colorado Governor Hickenlooper by Executive Order (A 2008 002) appointed Mr. Steele to serve as a representative of small business on the Utility Consumers Board (UCB). Mr. Steele, as a board member of UCB, provides the Office of Consumer Counsel general policy guidance on matters that involve utility regulation and legislative matters.
President
Bill Steele and Associates, LLC
EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.
EUCI is authorized by IACET to offer 0.9 CEUs for this event
Verify our IACET accreditation
Participants must log in each day and be in attendance for the entirety of the course
Power Point presentations and open discussion
Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.
Course CPE Credits: 10.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None
EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
This course is designed for anyone who wishes to obtain a basic understanding of Alternative Ratemaking mechanisms for electric and gas utilities. Commissioners, economists, rate analysts, accountants, attorneys, engineers, public information officers, administrative law judges, utility personnel, consultants, and consumer advocates will all benefit from the basic skills acquired in this course.
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