Joint Webinar: Transition Plans and Cost Recovery following the COVID-19 Pandemic

June 24, 2020 // 15:00 - 16:30 CEST

This webinar is the third from the Webinar Series on Implications of the Global Pandemic on Tariff Design and Utility Finances.

During this session expert panelists will discuss the following main topics:

  • What are the next steps as regulators and utilities transition out of the emergency phase during the COVID-19 pandemic? 
  • Energy regulators have rules under which a utility can come in for an immediate rate increase due to its inability to pay all of its bills. While this has been invoked in the past, it is a very strict measure and requires full transparency of the utility’s financial situation. How will regulators deal with the potential for multiple utilities to potentially seek this type of support, all at the same time?
  • What constitutes a “fair and reasonable” rate of return during and following this global pandemic?
  • How does the regulator balance the needs of the utilities with consumers?   

In Europe, regulators are adopting a “dynamic regulation” approach based on an interconnected energy system that is grounded on well-functioning markets. This type of system will function as a strong safeguard during the crisis, and will help to mitigate long-term impacts of the pandemic on consumers and the energy sector. Through their association, CEER, European energy regulators are sharing best possible scenarios for the phasing out of the transition period


The objective of this webinar series is to examine how regulators can consider the short and long-term implications of the COVID-19 global pandemic on the energy sector, with respect to tariff design and consideration of the financial status of utilities.
 
This series will discuss the practical tariff treatments that regulators can consider as the impacts of the pandemic continue to play out.  Whether the sector is unbundled or vertically integrated, all utilities are facing issues that have never been encountered before. The expert panelists will contextualize a variety of tariff-related issues and potential treatments, discussing the implications regulators should consider. For example, while deferrals on payments provide relief for consumers (which may be prudent given the massive unemployment resulting from COVID-19), utilities need to avoid being put into a situation that potentially harms their long-term economic viability.  

Program/ Speakers

Webinar timings: 15:00 - 16:30 CEST (GMT +2, Budapest). Click here to convert to your time zone.


15:05      Welcome and Introductions
 
  • First Vice President Paul Kjellander, Idaho Public Utilities Commission, USA
15:10 Expert Panel Discussion
 

Moderator:

  • Mr. David Boyd, Regulatory & Policy Strategist; former Commissioner, Minnesota Public Utilities Commission, USA 

Guest Speakers:

  • Commissioner Sergey Aghinyan, Public Service Commission of Armenia (ERRA)
  • Mr. David Morton, Chair and CEO, British Columbia Utilities Commission, Canada (CAMPUT)
  • Mr. Howard Petricoff, former Commissioner and former Chief Analyst, Public Utilities Commission of Ohio, USA (NARUC)
  • Dr. Cathryn Scott, Interim Executive Director, Systems & Networks, Ofgem, United Kingdom (CEER)
15:50 Facilitated Q&A
 

Moderator:

  • Mr. David Boyd, Regulatory & Policy Strategist; former Commissioner, Minnesota Public Utilities Commission, USA 
16:30 Adjourn

Webinar Registration

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This webinar series is made possible by the generous support of the American people through the United States Agency for International Development (USAID) and in cooperation with the Council of European Energy Regulators (CEER) and the Energy Regulators Regional Association (ERRA). The contents are the responsibility of the National Association of Regulatory Utility Commissioners (NARUC) and do not necessarily reflect the views of USAID or the United States Government.