Utility Cost of Capital

The EUCI Utility Cost of Capital course aims to equip participants with essential knowledge and competencies to navigate the intricate world of regulated utilities’ capital markets and accurately determine the cost of capital—an indispensable component of effective cost-based ratemaking.

During the course, you’ll explore different methods used by U.S. utility regulators to estimate the cost of capital, based on industry best practices. By mastering important financial concepts and models, you’ll gain valuable insights into how the authorized rate of return for utilities is set and how it impacts decisions on capital projects.

By mastering financial concepts, relationships, and models, participants will gain invaluable insights into how utilities’ authorized rate of return is established and how it influences critical decisions related to capital projects.

Join the course to elevate your understanding of utility cost of capital and improve decision-making and overall performance within your organization.

1. Analyze the key elements contributing to the cost of capital and employ various methods to calculate it accurately
2. Differentiate between the components of cost of debt and cost of equity, and evaluate the models utilized for estimating these costs
3. Evaluate the concept of capital structure and its profound effects on the cost of capital for regulated utilities
4. Navigate through the utilities’ ratemaking process and assess the downstream impacts of capital investments on the overall operations
5. Interpret the utility business model, comprehend revenue requirements, rate of return, and rate base, and their significance in financial decision-making
6. Discuss advanced knowledge, skills, and competencies in corporate finance, specifically tailored for utilities and their unique financial dynamics

The EUCI Utility Cost of Capital course will benefit professionals who are involved in financial, regulatory, and strategic decision-making within electric utilities. Attending the Utility Cost of Capital course would enhance their understanding of cost-based ratemaking, capital markets, and cost of capital estimation, enabling them to make well-informed and data-driven decisions for their organizations.

• Utility Financial Analyst
• Rate Analyst
• Regulatory Affairs Specialist
• Utility Economist
• Capital Planning Manager
• Investment Strategist
• Financial Controller
• Director of Finance and Accounting – Electric Utility
• Energy Economist
• Treasury Manager
• Cost Estimator
• Regulatory Compliance Officer
• Energy Investment Analyst
• Chief Financial Officer (CFO) – Electric Utility
• Project Finance Manager
• Utility Risk Management Analyst
• Utility Asset Manager
• Portfolio Manager – Electric Utility
• Utility Regulatory Consultant