We conducted an analysis on the highest and best use of a local distribution company’s (“LDC”) assets. Specifically, we:
- Analyzed the value of potential supplemental service offerings and alternative uses of the LDC’s infrastructure in an effort to optimize the utility of these assets while maintaining reliable service to existing customers.
- Assessed the potential for broader economic development associated with each of the new uses proposed for the LDC assets, including steps the City in which the LDC is located could take in conjunction with the optimization of these assets to foster such economic growth.
- Offered a qualitative evaluation of the positive and negative factors associated with various strategic ownership and operating structures for the LDC, with particular attention paid to whether a given ownership/operating structure is supportive of the City Council’s stated objectives of asset optimization and economic growth.