Rate-Setting Essentials

Rate-Setting Essentials: Connecting Financial Planning, Cost-of-Service and Rate Design

AWWA’s long-standing Seminar has been revamped and updated for 2021 and is returning live this September! This three-day Seminar provides an updated lens on how to evaluate and develop financial policies and proposed rates that are cost-based and equitable. Additionally, this Seminar will give guidance on how to effectively communicate those policies and rate impacts to customers in these current times.  This program combines time honored strategies with modern approaches to get the rate levels your utility needs to be successful, while still promoting community objectives. Visit our COVID-19 resources page for details on AWWA's current response to the pandemic.

In-person 2021 dates announced! September 21-23, 2021 in Denver, Colorado

Registration is Open!

September 21-23 | Denver, Colorado

Register by August 6, 2021 for the best rates! 

Registration Rates
 
Member 
Early
Non member 
Early
Member 
Late
Non member 
Late
Seminar Registration  
Includes Day 1 lunch
$895 $1045  $995  $1145

Hotel Information

The September 2021 seminar takes place at Embassy Suites by Hilton Denver Downtown. Book your room today!

Embassy Suites by Hilton Denver Downtown
1420 Stout St, Denver, Colorado 80202
Seminar Rate: $149 plus taxes (book early - limited block!)

Book a Room


This three-day seminar provides guidance on how to evaluate financial policies and rate impacts to develop policies that are fair and objective, and on how to effectively communicate those policies to customers. You will learn time-honored strategies to get the rate your utility needs to be successful while still promoting community objectives.

Seminar Cancellation Policy: For attendees canceling due to COVID-19, AWWA will apply 2021 paid registration fees to the following year's seminar. A refund of dollars paid will be processed upon request. AWWA shall not be liable for any expenses incurred. Substitution registrations are welcome. To apply for the substitution registration or transfer or refund of fees, submit your cancelation request in writing to service@awwa.org.

Hotel Cancellation Policy: Free hotel reservation cancellation before 11:59 PM local hotel time on 19 Sep 2021.

 

Learning Objectives

  • Evaluate financial policies and rate impacts
  • Develop defendable policies that are fair, equitable and objective
  • Get the rate your utility needs to be successful and still promote community objectives
  • Avoid rate shock by using proven techniques for capital budgeting and analysis
  • Establish cost-of-service rates by applying fundamental methodologies
  • Set fair revenue requirements Classify and allocate costs equitably

Schedule at a glance

Day One
8:00 - 8:30 a.m.     Registration/Welcome
8:30 - 10:00 a.m.     Financial Management, Policies, and Rates
10:15 a.m. - noon     Budgeting and Financing, Key Issues, Emerging trends
noon - 1:00 p.m.     Lunch (Included)
1:00 - 3:00 p.m.     Consideration in Setting Utility Revenue Requirements
3:15 - 4:30 p.m.     Introduction to Cost of Service 
      
Day Two
8:00 - 10:00 a.m.     Cost of Service Case Study
10:15 a.m. - noon     Allocation Procedures
noon - 1:00 p.m.     Lunch (on your own)
1:00 - 3:00 p.m.     Wastewater Cost of Service Example 
3:15 - 4:30 p.m.     Distribution Procedures (water/sewer)
4:30 - 6:00 p.m.     Optional Session: Fundamentals of System Development Charges
      
Day Three 
8:00 - 10:00 11:00 a.m.     Distribution Procedures (Continued) (water/sewer)
10:15 a.m. - 2:00 p.m.    Rate Design (water/sewer)

Who Should Attend?

  • Water utility managers 
  • Rate analysts or designers 
  • Accounting or budget professionals 
  • Utility board members 
  • Municipal or regional government officials 
  • Water rate attorneys

AWWA’s long-standing Seminar was revamped and updated in 2021. This three-day Seminar provides an updated lens on how to evaluate and develop financial policies and proposed rates that are cost-based and equitable. Additionally, this Seminar will give guidance on how to effectively communicate those policies and rate impacts to customers in these current times.  This program combines time honored strategies with modern approaches to get the rate levels your utility needs to be successful, while still promoting community objectives. 

Seminar includes lunch on day one, and a completion certificate. The AWWA M1 Principles of Water Rates, Fees and Charges manual is also available to seminar registrants at no additional cost (normally $106 member, $173 nonmember) and can be added to your purchase by checking the M1 Manual option during registration. Manual is optional and not required for the seminar.

Todd Cristiano is a Manager at Raftelis Financial Consulting. He has over 17 years' experience - 11 years as a consultant to utilities and 6 1/2 years as the Manager of Rates at Denver Water. His work includes most municipal services; water, wastewater, reclaimed water, electric and sanitation utilities across the United States. His expertise includes financial planning, cost-of-service analysis, rate design and development of impact fees for both utility and general government. As a consultant and a former water utility employee, Mr. Cristiano knows first-hand the challenges of navigating rate studies from both sides of the table. Todd has a BS in Chemical Engineering from the University of Tulsa and an MBA from the University of Colorado.

 

Shawn Koorn is an associate vice president with HDR Engineering Inc. specializing in the area of cost of service and rates for municipal water, wastewater, stormwater, solid waste, and electric utilities. Shawn has over 15 years of experience in providing financial planning, cost benefit analysis, valuation studies, and rate and cost of service studies for municipal utilities across the United States and Canada.

 

 

 

 

 

 

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