Are your utility rates sufficient? Have there been changes to your utility's cost structure or sales that require more revenue? It is important that utility management understand their utility's cost structure and how it drives revenue requirements to properly structure customer rates. Natural gas utilities, like any business, must regularly review its rates to make sure it is the fair price for its services and periodically adjust customer rates.
Due to the expansive nature of ratemaking, it will be covered in two webinars. This is Part 1 with:
An overview of the cost of service study process
Setting up a test period to demonstrate the need for an adjustment in rates
Common categories for function costs
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