NARUC's Regulatory Training Initiative (RTI) provides comprehensive training to the regulatory community using a variety of learner-centric, flexible methods. Training content and materials are available through a comprehensive, online learning site and include on-demand courses, instructor-led classes, discussion boards, a resource library, and other tools. The initial courses have focused on basic principles and common issues confronting regulatory commissions, but the curriculum has expanded to include emerging issues and policies in utility regulation, as well as an introduction to new technologies affecting electricity, water, gas, and telecommunications.
Including Equity and Energy and Environmental Justice in State Public Utility Commission Decisions: This course reviews the major definitions and dimensions of E&EEJ, including: reviewing proposed metrics for studying E&EEJ effects in each major dimension; reforming public participation processes to advance diversity, inclusiveness, and equity; examining the distribution of costs and benefits produced by ratepayer-funded programs and utility investments; adjusting utility tariffs to achieve more equitable outcomes; and integrating E&EEJ into the daily practices of utilities and utility regulators. The course will also report on the way in which state commissions are incorporating equity perspectives into utility regulatory proceedings. Click here to register.
Telecom 101: This is an 8-hour course on current topics in telecommunications. It reviews the history of telecommunications regulation and universal service and the changes in state and federal oversight as competition has replaced direct regulation. Topics covered include Universal Service, Cooperative Federalism, the 1934 and 1996 Telecommunications Acts, key technical innovations (VoIP, wireless, 5G, satellite broadband), Lifeline, broadband deployment and adoption, and consumer protection. Click here to register.
Fundamentals of Resource Adequacy: This recent RTI course covers concepts in resource adequacy and emerging methods to ensure grid reliability. This an eight-hour course, presented in four two-hour lectures. The course addresses several topics, including resource adequacy as an assessment of risk; the definitions and relationships between resource adequacy, reliability, and resilience; the role of regulators in assessing, forecasting, and ensuring resource adequacy; and emerging concepts in resource adequacy. Click here to register.
Fees: $125 for NARUC State Full members, $250 for non-members.
An Introduction to Utility Accounting: This course provides an introduction to general accounting principles, for example, the importance of generally accepted accounting procedures, balance sheets and income statements, and cash vs. accrual accounting. It also addresses items of particular importance to utility regulation, including investments in capital, depreciation, etc. Examples from the utility industry will be used to illustrate key concepts and calculations. Click here to register.
Fees: $87.50 for NARUC State Full members, $175 for non-members.
An Introduction to Utility Finance: This course provides students with an understanding of the basic finance and regulatory concepts of utility regulation. Topics to be covered include why utilities are regulated; risk and return; portfolio theory; the relationship between rate base and capital structure; the weighted average cost of capital; and the required return on common equity. The course will also review financial concepts commonly associated with utility regulation, such as optimal capital structure, market-to-book ratios, and securitized bonds. Click here to register.
Fees: $87.50 for NARUC State Full members, $175 for non-members
An Introduction the Theory and Practice of Regulation: This program will provide participants with an introduction to the principles and practice of regulation. The principles of regulation are a mix of engineering, financial, legal, accounting, and economic concepts and methods that provide the basis from which regulatory decisions are made. The practice of regulation focuses on the scope of regulatory decisions and how those decisions are made, including the mix of different types of expertise needed to mold those decisions. Click here to register.
An Introduction to Demand-Side Management: Energy Efficiency and Demand Response
An Introduction in Artificial Intelligence for Utility Systems
Alternative and Performance-Based Regulation
Benefit-Cost Analysis: Tools for assessing alternative regulatory policies
1. Ensure you have a “MyNARUC” account by visiting https://www.naruc.org/mynaruc/ and logging in or signing up for an account. There is no charge for a MyNARUC account.
2. Visit NARUC’s new online training site and log in using your MyNARUC username and password. [If you have just come from the MyNARUC site, your credentials may be “saved” and no further login will be required.]
3. Click on “Register for Courses” to view the course catalog and register.
If you have questions, please email us at email@example.com.