Essentials of Accounting and Ratemaking - 2026Tuesday, August 4 (2pm) - Thursday, August 6, 2026 (4pm US/Eastern) |
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NARUC Professional Development
Track: Accounting & Rate Design
This course provides an introduction to the processes, general principles, and terms used by regulated utilities in financial accounting and reporting. It is a recommended precursor to NARUC Rate School.
Course Outline:
Day 1: Public Utility Accounting and the FERC Uniform System of Accounts (USoA)
Rate of Return Regulation and the Revenue Requirement Process
Day 2: Calculating the Revenue Requirement - Operating Expenses
Calculating the Revenue Requirement - Rate Base
Day 3: Calculating the Revenue Requirement - Capital Structure and Return
DVP - An Illustrative Example of Calculating the Revenue Requirement
Instructor: Bill Steele, Bill Steele & Associates. Bill has over 40 years of experience in public utility regulation, with specific expertise in revenue requirements, cost allocation, class cost-of-service studies, rate design, alternative forms of regulation, and mergers and acquisitions. Mr. Steele spent over 30 years at the Colorado Public Utilities Commission (CPUC), where he was an advisor to the Commissioners, an expert witness, and the supervisor of financial analysts.
You must have a My NARUC Profile to register. For new profiles, we recommend waiting until the next day to register for an event to ensure you receive the correct registration rate. If you do not see the appropriate registration rate when registering, please contact npdsupport@naruc.org and do not complete your registration until you receive a response. Please note that registrations completed before the overnight system update may be charged a higher rate and NARUC is unable to issue refunds in these cases.
Registration Fees:These fees are available through 08/03/2026 |
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| Name | Price | Available To |
| NARUC State, Associate, and Federal Members | $265.00 |
International Member Federal Member (Full) State Member (Full) State Member (Associate) |
| State, Federal, and International Agencies / NASUCA Members / Academia | $465.00 |
International Affiliate Academia-Users Consumer-Advocate-Users OTH-ST-LOC-USERS |
| All Others | $665.00 |
Guest NonMember |
| NARUC Staff | $0.00 |
NARUC Staff |
Cancellation and Other Policies:
Cancellations:A 20% processing fee applies to all cancellations. If you are unable to attend or secure a substitute from the same organization for a live online course, a cancellation request must be submitted no later than 7 business days prior to the first day of the course. To request a cancellation, please send an email to npdsupport@naruc.org. Approved cancellations will receive a refund minus the 20% processing fee.
Substitutions:
A $50 processing fee applies to all substitutions. If you cannot attend a live online course that you have registered for, you may substitute an individual from the same organization. The substitution request must be made no later than 7 business days prior to the first day of the course. The substitute must have a My NARUC profile in the system. Click this link to create a profile in MatrixMaxx => https://www.naruc.org/mynaruc/. To request a substitution, please send an email to npdsupport@naruc.org.
NARUC reserves the right to cancel or postpone courses in the unlikely event of insufficient enrollment or other unforeseen circumstances.
For more information please contact:
NARUC Professional Development SupportNational Association of Regulatory Utility Commissioners
Phone: (202) 898-2200
Fax: (202) 898-2213
Email: npdsupport@naruc.org