Innovative Rate Design for Electric Cooperatives

Struggling with Increasing Customer Diversity in Your Electric Cooperative?

As energy consumption patterns shift, traditional rate designs may no longer meet the needs of your members. Here’s what’s changing:

• Solar Panel Owners: Members with solar panels have unique rate requirements.
• Electric Vehicle Considerations: Customers beginning to consider electric vehicles.
• Large Customers: New, large clients interested in your low rates and impacting your load.

This conference will help you tackle these evolving challenges and guide your executive decisions on effective rate designs.

Interactive Learning:

• Workshop: Learn the essentials of costing and rate design, explore pricing principles, and review alternatives to address the new challenges.
• Conference Presentations: Hear from NRECA member innovators on how they solved their rate design challenges.
• Interactive Rate Design Exercise: Work with a team to tackle a rate design challenge, apply what you’ve learned, and propose a solution.

Join us to understand how to make informed, strategic rate decisions in a rapidly changing landscape!

Workshop:

• Explore the essentials of utility costing principles and practices.
• Identify the key criteria of successful rate design.
• Develop the ability to objectively evaluate the purposes, strengths, and weaknesses of innovative rate designs.
• Examine the alternatives available for addressing today’s key rate design challenges.

Conference:

• Develop strategies to foster collaboration among utilities, regulators, and stakeholders to create effective rate designs that balance cost recovery, grid reliability, and customer equity.
• Evaluate approaches for implementing Time-of-Use (TOU) pricing to manage energy costs effectively for consumers and utilities.
• Analyze regulatory considerations and emerging trends in pricing models, including demand charges, capacity-based rates, and incentives for energy efficiency and renewable energy adoption.
• Explore the implementation of time-varying rate structures to improve load management and achieve cost savings.
• Examine regulatory considerations and assess potential ratepayer impacts as utilities transition to a cleaner, more resilient energy grid.
• Identify strategies for balancing customer incentives with grid needs as DERs, such as home batteries and electric vehicles, become a larger part of the energy landscape.
• Discuss innovative dynamic pricing strategies that help co-ops utilities manage demand, promote efficiency, and support grid stability.