FRI Advanced Seminar on Transformational Utility Pricing & Rate Design
CONTENT SCOPE
- Cost classification and functionalization
- Load Retention & Riders
- Below the line rates
- Rate class considerations (Cost/Revenue ratios and cross subsidy), affordability concerns and whether regulators can approve rates that do not cover costs.
- Impact of load forecast on rates
- Peak load considerations and Time of Use Rates
- Long term impacts of riders and deferrals
- Other advanced topics: net metering, feed in tariffs, how to design regulated rate for utilities involved in competitive business (public EV charging)
- Advanced rate design for non-wires alternatives and distributed energy resources
- How do we measure utility performance?
- Internal and external performance measures, e.g., OEB’s scorecard, AUC performance framework, OFGEM Totex Incentive Mechanism
- Reliability, cost-effectiveness, energy quality
- Methods of incentivizing innovation and allocating risk – who pays, who benefits?
- Innovation Sandboxes and permitting utility pilot projects that bypass traditional public interest approvals to foster new technologies
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