Power and Utilities Cost of Service and Rates

FERC Accounting Report 2022 Uses Data Analytics to Identify Areas for Review
Cost of Service and Rates, Expert Witness, Case Studies, FERC | RUS Accounting Russ Hissom, CPA Cost of Service and Rates, Expert Witness, Case Studies, FERC | RUS Accounting Russ Hissom, CPA

FERC Accounting Report 2022 Uses Data Analytics to Identify Areas for Review

This article discusses the 2022 FERC compliance audit report on issues from auditors. It can be helpful to consider this FERC view when considering items to include in electric rates or accounting approaches to take on various transactions.

Read More
Electric Cost of Service Rates and Rates for New Technology - One Utility’s Approach
Cost of Service and Rates, Case Studies Russ Hissom, CPA Cost of Service and Rates, Case Studies Russ Hissom, CPA

Electric Cost of Service Rates and Rates for New Technology - One Utility’s Approach

An electric utility recognized that it needed to increase electric rates after developing its budget for the coming year (also known as a revenue requirement). The utility had not increased rates in 5 years and wanted to take the opportunity to move customer rates towards their cost of service and to incorporate distributed energy resources (DER) and electric vehicle charging into their rate structure.

Here are the steps they took to move to cost of service rates and implement innovative rates for residential, DER, and EV customers.

Read More