NARUC Professional Development
Track: Water, Accounting & Rate Design
June 3, 4, 5, 2025
The Foundations of Water Regulation is designed to de-mystify the economic regulation of water (and wastewater) utilities and better prepare those involved in regulation to address current and emerging water economic regulatory issues. This 3-day, 6-hour course will be led by the Honorable Jeff Hughes, former Chair of the NARUC Committee on Water and a Commissioner with the North Carolina Utilities Commission (NCUC). The course will cover key topics in water, including Economic economic regulation vs. environmental regulation, the basics of “traditional economic regulation/rate making,” the impact of emerging environmental and public health water topics such as PFAS and Lead Service Line replacements on economic regulation, alternative regulatory practices and approaches, such as multi-year rate making, decoupling, consolidation of small systems, Fair Market Value/Acquisition Adjustments, Customer Assistance Programs, and Performance Based Regulation.
Course participants will be expected to spend approximately 1 to 2 hours on pre-course research and assignments.
Foundations of Water Regulation (101) is part of the Professional Development Water track and the Accounting & Rate Design track. It will be helpful preparation for students considering attending the NARUC Rate School.
Fees:
NARUC Members: $250
International, Federal, State Agency / Consumer Advocate / Academia / Non-Profit: $450
All Others: $650