"Profit" in a utility environment doesn't have to be a confusing word. Learn the basics of ratemaking so you can understand the financial and accounting differences between regulated and unregulated businesses.  This course is a "must" for employees in the utility business whether they are new to the industry or have several years of experience but not been exposed to the ratemaking process.

Learn these 5 Keys to Success:

1. Plain English explanations of rate and regulatory topics
    
2. The differences of various rate case procedures
    
3. The financial drivers for regulated utilities and how they differ from unregulated businesses
    
4. Methods to improve profitability within utilities
    
5. How pricing structures are designed within rate proceedings

You will also learn:

• Gas rate structures and how to analyze bills
   
• Electric rate structures and the ways to determine if there are more advantageous rate structures for the customer
   
• Rate structures in deregulated environments

Seminar Outline:

Morning

In the morning the basic concepts of rates will be presented.  This includes determination of rate base along with rate of return.  Operating expenses and capital expenses will be discussed.  A review of the rate case processes for both base rate increases and fuel adjustments will be conducted. Various rationale for rate changes will be discussed. 

Afternoon

In the afternoon we will conduct several bill analyses with both gas and electric bills, for several customer groups including residential, commercial, and industrial. Bill calculations will be done with a variety of tariffs to become proficient in bill analyses techniques.  Case studies of different bill applications will be used to illustrate the differences among rate tariffs and to apply what was learned to real-life situations.

Who should attend this seminar?

Utility analysts, utility employees involved in customer service, sales, or marketing, Utility commission employees, industrial customers, commercial customers, Energy producers, utilities, electric generators, and marketers; energy and electric power executives; traders; marketing, sales, purchasing & risk management personnel; accountants; trading support staff; auditors; attorneys; government regulators; plant operators; engineers and corporate planners.

Prerequisites:

This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.

Why choose PGS?

Over 3,000 energy and electricity professionals have attended PGS Energy Training's proven and timely seminar programs. PGS' CPE approved live group seminars are known for their in-depth coverage and easy-to-understand presentation style.



Hotel & Other Seminar Information:

Seminars are held at the hotels listed below or can be conducted on-site at your facilities. This one-day seminar will start promptly at 8:00 AM and finish at 4:00 PM. All programs include continental breakfast, lunch, and coffee/cookie breaks for each day. Attendees will also receive a professionally produced seminar manual that serves as a valuable office reference. Dress is casual for all seminars.

Sign up early to receive your special room rate.
 

Philadelphia Doubletree Hotel
Broad Street at Locust (Downtown)
Philadelphia, PA 19107
Telephone 1-215-893-1600
http://www.doubletreephiladelphiahotel.com

* PGS Energy Training has secured a limited number of hotel rooms at a special discounted rate. Please dial 1-800-222-TREE or contact Maetal Zmora at 215-893-1684 maetal_zmora@hilton.com as soon as possible.

Your Instructor:

Jim Crist is President of Lumen Group, Inc. headquartered in the suburbs of Pittsburgh.  He has over 30 years experience in the energy industry covering coal, gas, oil, propane, and electricity. Jim has conducted many strategic studies of the industry and prepared market and business assessments for several large energy companies.  Before founding Lumen Group in 1996, Jim spent 20 years working for major energy companies in engineering, technology development and marketing. He served as marketing vice president in both regulated and deregulated entities

Seminar Price & Discounts:

Register now to change your career for the better.   The price for this one-day seminar is $795 (USD).

• Additional seminar registrations or attendees receive a 10% discount. Government employees receive a 10% discount on their total order.
   
• Bring a group of 4 or more and all attendees will receive a total 20% discount on all seminars attended. ( If you are planning to assemble a group of 4 or more, subtract the 20% discount from your seminar fee and send in your registration now.  Tell other members of your group to mention your name when they register, and we will give them 20% off as well! ) All prices are in U.S. dollars.

Payment & Cancellations:

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club, or corporate check. Seminar fees to be paid by credit card will be charged to the card at the time of registration unless other arrangements have been made. Cancellations can be made up to three (3) business days prior to the seminar for a full refund. No refunds will be made thereafter, but credit will be given toward future workshops. Substitutions may be made at any time. For more information regarding administrative policies such as complaints, please contact our offices at 412-279-9298.

CPE Credits:

This group live seminar is eligible for 7CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS  Energy Training 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 addressed to the National Registry of  CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars  should contact our offices for details on CPE credits granted and any prerequisite requirements.

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PGS Energy Training
43 Fawnvue Drive, Suite 700
Mckees Rocks, PA 15136
(412) 494-0450
info@pgsenergy.com