The ERRA training course on setting the Weighted Average Cost of Capital (WACC) reviewed one of the most critical regulatory determinations in the tariff-setting process. The WACC compensates debt and equity holders for the risk they assume by investing in regulated infrastructure. This topic is becoming increasingly important due to the current economic uncertainty and high inflation.
The training featured theoretical and practical discussions determining the cost of debt and cost of equity of regulated licensees, and the manner in which these are optimally weighted to ensure an efficient and sustainable financing structure. We included practical excel training exercises and case-study examples from previous regulatory determinations. The course is eligible for 5 CER credits.
Course Agenda
Methodology
The training was based on a self-paced collaborative e-learning platform that features a combination of real-time interactive presentations by the instructors, Excel modeling exercises, online consultation and reading material related to the course modules.
The course is eligible for 5 CER credits. Learn more about the ERRA Certified Energy Regulator (CER) Programme.
Student Testimonials
I thoroughly enjoyed the course and the course content. The instructors are qualified subject matter experts who apply a great deal of detail in communicating difficult concepts and so make learning a lot easier. Participant of the 2021 training course
This course was very useful and effective for me. I will use the knowledge gained in my work. Tamika Chevallier, Regulated Industries Commission, Trinidad and Tobago
overall rating of the course
