• The individual responsible for the natural gas budgeting process.
• Anyone involved in the monitoring of the natural gas budgeting program (i.e. controller, accounting).

What You Will Learn:

• The importance of identifying natural gas usage projections and potential weather/production variations.
• Why you need to break your budgetary costs into individual components.
• How to assign a cost to the three major cost components of a budget (commodity, basis and utility costs).
• What to consider in an overall outlook for natural gas commodity prices in 2011.
• How to incorporate prior or planned fixed natural gas purchases into budgetary numbers.
• Identification of locational pipeline basis, how to price it, and why it can cause budget variances.
• How to estimate utility-related distribution costs.
• How to make sure all miscellaneous costs, such as hedging and balancing costs, are included.
• The importance of comparing budget figures to current fiscal year expenditures and the current fiscal year's budget.

Other Benefits You Will Receive: 

• Attendees will receive an Excel spreadsheet that can be used as a template in budget preparation.   This template will insure consistent budget preparation from one fiscal year to the next.
• Attendees will be able to get their questions answered by an expert who prepares budgets for its consulting clients each fiscal year.
• Attendees will have the confidence that their budget has been established based on realistic and objective market data.

How This Webinar Works:

• This is a live webinar, which consists of one 60-minute conference calls combined with your choice of printed or Internet-posted slides. 
• The 60-minute webinar will be broken down into a 45-minute presentation and a 15-minute question and answer session.
• Upon registration, you will be e-mailed a confirmation of your registration.
• Two days prior to the webinar, you will be emailed an on-line invitation, which will provide you with instructions on how to access the audio portion of the live webinar and instructions on how to access the webinar presentation slides.  The webinar presentation slides will also be attached as a PDF file to this invitation. 
• Five minutes before the webinar begins, we ask that you follow the instructions of the on-line invitation to insure that your computer is compatible with the on-line presentation program.  While there is no cost to use this on-line program presentation software, it may be necessary to download some files in order for the software to operate correctly.
• Following a 45-minute webinar, there will be a 15-minute question and answer session for attendees to ask questions. 
• After the seminar is over, additional questions can be directed to Valerie Wood via e-mail.  In addition, Valerie will be available to assist in budget development should you request or need additional assistance.

Your Instructor:
This webinar will be instructed by Valerie Wood, President of Energy Solutions, Inc., an independent consulting company that provides tailored energy consulting services to businesses throughout the nation.  In providing these services, Valerie and her staff prepare fiscal year budgets on behalf of their clients using the very same templates that will be distributed to webinar attendees.  Biography of Valerie Wood

• Payment is due prior to the start of the webinar.  Credit cards accepted include Visa, Master Card, American Express.  Payment by check is also acceptable.
• Please makes checks payable to Energy Solutions, Inc. and mail to 2386 Dahlk Circle, Verona, WI  53593.
• Cancellations with full refunds can be made up to two (2) business days prior to the start of the webinar.  No refunds will be made thereafter, but credit will be given toward future webinars.
• Attendee substitutions may be made at any time.
• Any questions on payment and/or cancellations policies should be directed to Kelly Gilboy at (608) 848-9589.