Certified Regulation and Utility Management Specialist
Regulation of infrastructure utilities is a core function of government. Effective regulation provides the accountability and transparency necessary to ensure consumer interests are protected while simultaneously providing the environment for utilities to earn a fair return on investment and expand capacity as needed.
Around the world, utilities are under pressure to cut costs, raise revenues, improve operations, and expand service delivery. As a result, electricity, water and sewage, telecommunications, transportation, and municipal services utilities all face the challenge of operating in a commercial environment. Whether publicly or privately owned, utilities must develop strategies and plans to improve their overall competitiveness and develop the skills and experience of all parties involved in this process.
The IP3 Regulation and Utility Management Specialist Certification Program fosters standards of knowledge, understanding, and skill development that are highly valued by governments, private sector firms, financial institutions, non-governmental organizations (NGOs), and other relevant stakeholders. We do this by successfully identifying, defining, documenting, and championing industry-accepted best practices in international regulation models, strategies, and techniques, and transfer this knowledge to participants through education and training.
An IP3 Regulation and Utility Management Specialist Certification validates a breadth of knowledge acquired through immersive training in regulation and utility management.
Specialists will develop skills including:
- Understanding policy, legislative, and legal requirements for effective regulation
- Designing regulatory institutions and their financial instruments
- Creating regulatory rules, processes, and procedures
- Producing public awareness and customer relations programs
- Employing tariff structuring and subsidy analysis design/options
- Preparing rate case applications and performing strategic reviews
- Ensuring quality of service and expansion
- Expanding rural service delivery
- Establishing competition policy and regulatory reform in key sectors
Certified Regulation and Utility Management Specialist Exam
The IP3 Regulation and Utility Management Specialist Certification is achieved by completing 24 CEUs in the Regulation and Utility Management track and a final exam. CEUs may be acquired through both online and in-person training.
The exam is administered online through the IP3 Learning System and can take anywhere from 4-6 weeks to complete. This open-book exam is graded by an independent evaluator who is an expert in the field of regulation and utility management.
The final exam is comprised of five 1-2 page essay questions.
Upcoming Regulation & Utility Management Courses