Electricity Pricing

Lawrence J. (Larry) Vogt is the Manager of Rates for Mississippi Power Company, a Southern Company, where he is responsible for managing the research, development, and implementation of cost-of-service studies and rate designs. He is also responsible for administration of the Company’s electric tariff and for supporting other regulatory matters of the Company. He previously worked for ABB Power T&D Company as Manager of the Distribution Technologies Center and for Southern Company Services as Principal Engineer – Rates & Regulation. He has also held various pricing, marketing, and engineering positions at Public Service Company of Indiana, Inc. (now known as Duke Energy – Indiana) and Louisville Gas & Electric Company. Larry has over 36 years of experience in the electric utility business in the areas of pricing, cost analysis, commercial and industrial marketing, demand-side management, and distribution engineering and planning. Larry is Mississippi Power Company’s representative on the EEI Rate & Regulatory Affairs Committee, and he also serves as a principal instructor in the Committee-sponsored E-Forum Rate College. In addition, he serves as an Adjunct Professor in Penn State University’s International Power Engineering Program. He has also conducted a number of industry workshops under the sponsorships of the University of South Alabama and the Electric League of Indiana, Inc. As an instructor, he has taught numerous courses both domestically and internationally on the topics of rate design, cost-of-service methodology, spatial load forecasting, distribution system planning, and the impacts of demand-side management on the transmission and distribution system. His audiences have included engineers, accountants, attorneys, and other professionals from utilities, regulatory agencies, and business. Larry is a graduate of the University of Louisville where he earned Bachelor of Science and Master of Engineering degrees in the field of electrical engineering. He is a member of AEE, IEEE, and NSPE, and he is a registered Professional Engineer in several states. He has served as an expert witness on a variety of rate and regulatory issues. Larry is the coauthor of several technical papers as well as the textbook Electrical Energy Management, Lexington Books (1977).

Overview of Electricity Pricing. Prerequisite Concepts. Electric End Uses. Customers: Electric Service Requirements. Power Delivery Systems: Transmission and Distribution. Electric Power Production. Revenue Metering and Billing. The Rate Schedule: Pricing Methods and Risk. The Mathematics of Rates. Billing Data Statistics and Applications. Cost-of-Service Methodology. Translating Costs to Prices. Appendices. Bibliography. Index.