{"id":850,"date":"2026-02-16T15:04:10","date_gmt":"2026-02-16T20:04:10","guid":{"rendered":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/?page_id=850"},"modified":"2026-02-16T15:04:10","modified_gmt":"2026-02-16T20:04:10","slug":"agenda","status":"publish","type":"page","link":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/rate-school\/agenda\/","title":{"rendered":"Agenda"},"content":{"rendered":"<p><strong>Day 1 &#8211; Foundations of Regulation<\/strong><\/p>\n<ul>\n<li>Introduction &amp; Overview of Training: Overview of objectives, participant roles, and the rate case learning.<\/li>\n<li>Overview of the Industry: Regulatory Agencies and Utility Industries in the U.S<\/li>\n<li>Overview of Regulation in the U.S.: Landmark Federal Laws, State and Federal Regulatory Processes, Financial Structure of Investor-owned\/ Cooperatives\/Municipal\/Cooperatives<\/li>\n<li>Legal Framework at the State Level: PUCs, Consumer Advocate, and State Agencies (DEP,DCA) Legal challenges, and utility case studies briefs.<\/li>\n<li>Regulatory Framework at the State Level: Regulatory Process, Major State Agencies and their Regulatory Roles, Utilities and Stakeholders, Public Hearing and Regulatory Approval Processes<\/li>\n<li>PJM RTO: Functions and Offerings: Energy markets (day-ahead, spot, bilateral), Transmission planning including transmission interconnection queues, Energy acquisition auctions-Basic residual, capacity, Impact of Peak Loads and Location Marginal Pricing, Role of the Independent Market Monitor<\/li>\n<li>Utility (Electricity\/Gas\/Water) pricing<\/li>\n<\/ul>\n<p><strong>Day 2 &#8211; Revenue Requirement Deep Dive<\/strong><\/p>\n<ul>\n<li>Fundamentals of Utility Finance-Capital vs. Operating Expenses, Revenue Requirements and Cost Recovery, Depreciation and Capital Planning, Debt Service and Financial Reserves, Cost of Service Analysis<\/li>\n<li>Accounting Principles Test Year Concepts &#8211; Balance Sheet and Income Statements, Operating Expenses and Adjustments, Capital Structure &amp; Cost of Capital, Cost Allocation &amp; Rate Design,<\/li>\n<li>Hands-on Exercises, Analysis of Financial Information, Asset Management and Financial Planning<\/li>\n<li>Foundations of Utility Regulation: Revenue Requirements and Test Year, Rate Base Development, Mock Rate Case Application, Consumer &amp; Stakeholder Perspectives, Emerging Approaches<\/li>\n<li>Rate Case Filing: Rate Filing Process, State Tax Adjustment Strategies (STAS), Infrastructure Financing<\/li>\n<\/ul>\n<p><strong>Day 3 &#8211; Rate Design &amp; Rate Case Proceedings<\/strong><\/p>\n<ul>\n<li>Goals of Rate Design: Equity, Efficiency, Simplicity, Revenue Stability, Rate Design Concepts, Principles, and Methods, Operating Expenses and Adjustments, Capital Structure &amp; Cost of Capital,<\/li>\n<li>Rate Design for Special Considerations, Rate structures, Conservation Pricing (Energy\/Gas\/Water), Wholesale and Bulk Rates, Affordability and Lifeline rates<\/li>\n<li>Regulator\u2019s Approach to Rate Proceedings (PUC Staff), Rate Counsel\u2019s Approach to Rate Case Proceedings, Utilities\u2019 Approach Perspective of Rate Proceedings, Utilities\u2019 Approach Perspective of Rate Proceedings<\/li>\n<\/ul>\n<p><strong>Day 4 &#8211; Mock Rate Case Exercises<\/strong><\/p>\n<ul>\n<li>Filing Requirements &amp; Procedural Steps: Application, discovery, testimony, hearings, settlement.<\/li>\n<li>Roles of Parties: Utility, commission staff, intervenors, rating agencies and public advocates.<\/li>\n<li>Mock Hearing Preparation: Reviewing testimony, crafting questions, and understanding evidence.<\/li>\n<li>Workshop: Cross-examination practice.<\/li>\n<li>Advanced Topics in Rate Setting<\/li>\n<li>Impact of conservation on revenue<\/li>\n<li>Demand forecasting and elasticity<\/li>\n<li>Long-term financial planning and scenario modeling<\/li>\n<li>Integrating asset management into rate development<\/li>\n<li>Risk and resilience pricing case studies<\/li>\n<li>Resource Adequacy (RA)<\/li>\n<li>Resiliency of Utilities: NJ Energy Case Study-Effect of Renewable Portfolio Standards, Greenhouse Gas Reduction, Decarbonization requirements, Regional Greenhouse Gas Initiative (RGGI)<\/li>\n<\/ul>\n<p><strong>Day 5 Concluding Training (Half Day)<\/strong><\/p>\n<ul>\n<li>Data Centers: Impact on Energy and Water Industries<\/li>\n<li>Use of Energy Analytics and AI Modeling<\/li>\n<li>Hearing from Participants and Experts for Future Sessions<\/li>\n<li><strong>Distribution of Certificates<\/strong><\/li>\n<\/ul>\n<p>If you have any questions or need additional information, please contact us at <a href=\"mailto:cesac@montclair.edu\">cesac@montclair.edu<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Day 1 &#8211; Foundations of Regulation Introduction &amp; Overview of Training: Overview of objectives, participant roles, and the rate case learning. Overview of the Industry: Regulatory Agencies and Utility Industries in the U.S Overview of Regulation in the U.S.: Landmark Federal Laws, State and Federal Regulatory Processes, Financial Structure of Investor-owned\/ Cooperatives\/Municipal\/Cooperatives Legal Framework at [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":846,"parent":844,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-850","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/pages\/850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/comments?post=850"}],"version-history":[{"count":1,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/pages\/850\/revisions"}],"predecessor-version":[{"id":851,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/pages\/850\/revisions\/851"}],"up":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/pages\/844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/media\/846"}],"wp:attachment":[{"href":"https:\/\/www.montclair.edu\/clean-energy-sustainability-analytics\/wp-json\/wp\/v2\/media?parent=850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}