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Engagements

LDC Decarbonization

In response to decarbonization goals established in New York State for the natural gas industry, two clients engaged Concentric to provide support on this complex issue.

Concentric is collaborating with New York’s large investor-owned Local Distribution Companies (LDCs) to draft comments related to integrated planning for natural gas utilities. Additionally, one LDC has engaged Concentric to prepare an assessment of the potential impact of decarbonization on system throughput, revenue requirements, customer bills, utility financial circumstances, and depreciation rates.

To facilitate this, we developed a financial model linked to a detailed depreciation model. This model assesses the impact of alternative “Economic Planning Horizon” (EPH) assumptions on customer bills and the utility rate base under alternative throughput scenarios. We also evaluated the ability to address fixed cost recovery challenges using deferral, securitization, and trust fund policy tools.

For More Information, Contact:
Mark C. Cattrell
Vice President
202.587.4783
Email
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