Electric Cost-of-Service and Rate Study

Location: Owensboro, Ky.

Client: Owensboro Municipal Utilities

Burns & McDonnell assisted Owensboro Municipal Utilities through the preparation of a cost-of-service analysis and rate study for the electric system.  Included in this study were specific tasks that included system financial planning, cost-of-service analysis, and rate design.  The results of the study were presented to the utility board and to the city council.

Before undertaking this study, Burns & McDonnell completed preparation of work on updating the electric system financial planning models. This project required a complete restructuring of the electric system forecasting model into Excel files. Burns & McDonnell worked with OMU staff in the restructuring process to assure the model would be in a format consistent with other OMU financial information. As part of the process, Burns & McDonnell trained OMU staff on using the model and making adjustments to the model when appropriated in the future.