Utility Accounting Education Update
Here are insights to help keep you current in the Power and Utilities industry!
utilityeducation.com
November, 2022
This month’s issue: Applying for infrastructure grants, distributed energy customers and your budget, and time-blocking for productivity
The excitement never stops in the accounting world, so read on if these are of interest and/or forward to a friend! If not, submit some topics you’d like to see in this newsletter.
Can outsourcing grant writing improve your chances of success?
Utility construction
In-house grant writers can be cost effective if your power and utilities organization (or municipality) will be a regular part of the grant process. Weigh the costs of in-house grant writers against the additional resources gained by out-sourcing the grant process. More experience may equal greater success! Plus, what are some current grants of interest?
It’s budget time but what will our distributed generation customers do next year?
What rates can you charge DER customers? This article is a bit on the technical side but gives best practice guidance from the Federal Energy Regulatory Commission or National Association of Regulatory Utility Commissioners.
The UAES article library covers introductory and advanced co-op, FERC, and utility accounting, developing electric rates, and financial management. We include practical examples you can use now in your electric cooperative or utility!
Productivity insights - Time blocking and guarding your calendar!
Time blocking each part of your day may some like overload, but can be one of the keys to getting things done!
New to the Power and Utilities business? Here’s a course on industry basics for designing electric rates!
Electric Rates 101 - Analyzing the Cost of Service and Designing Rates
Here’s an introductory walk-through of the electric rate process. Gain insights into how rates are developed. This is a good opening course for new employees or Board Members.
Thank you for your support and interest in best practices in accounting, developing electric rates, and financial management. The Power and Utilities Industry is the foundation for a vibrant economy and an integral part of our society!
Just for reading this far down the newsletter you’ll get 20% off a 12 month All-Access or Premium UAES membership! Just use the code Newmember20 at checkout!
Final thoughts for this issue - Take the drive to excellence!
“Every day the clock resets. Your wins don’t matter. Your failures don’t matter. Don’t stress on what was, fight for what could be.”
“Do not despair. In every defeat are found the seeds of victory.”
“Productivity tip - Power points are the peacocks of the business world; all show, no meat.” ”