For developing economies, adequate utility services continue to be a key factor in economic growth. To ensure delivery of these services now and in the future, utilities require effective techniques to manage their business operations, including interaction with regulatory authorities.
This course not only discusses the traditional approaches to tariffs but also presents tariffs as a tool of regulation, allowing the participants to acquire skills to work within the regulatory environment, i.e., refining price modeling and monitoring strategies, and implementing consumer protection programs.
This training on tariff-setting and strategies will provide the participants with a clear understanding of the role tariffs play in regulated utilities.
The course addresses the link between the regulatory approach and how tariffs become the tool that allows the authority to implement that regulatory framework. Participants will consider cost recovery requirements, quality of service issues, and tariff rate strategies in various markets and sectors, namely, electricity, oil and gas, and non-energy utilities.
Through successful completion of this course, participants will be able to: