About this Course
This course addresses the key concept of the revenue requirement and the three types of ratemaking: cost-of-service, incentive, and market-based. This course is also included in the Energy Regulation Fundamentals learning path.
- List the three key types of ratemaking
- Identify the principles associated with each type of ratemaking
- Apply knowledge of ratemaking types to determine when each type of ratemaking is appropriate
- Define what a revenue requirement is
- Calculate a revenue requirement given the required inputs
- Order the steps of the cost-based ratemaking process
- Identify what occurs in each step of the cost-based ratemaking process
- Differentiate between ratemaking for investor-owned companies and non-profit entities
