Concentric collaborated closely with the regulatory team of a Midwestern U.S. investor-owned energy services utility to develop, file, and support multi-utility general rate cases before the state regulatory commission. We provided expert advice and insights on ratemaking issues throughout the process. Our team seamlessly integrated into the client’s team by ghostwriting, supporting company witnesses, and acting as an on-call resource.
Our assignments included preparing a lead-lag study and working closely with the company’s treasurer and return on equity (ROE) witness to address cost of capital and capital structure issues. Additionally, we assessed the company’s compliance with commitments made in its corporate merger and collaborated with the company’s policy witness to address key rate case drivers.
Concentric also sponsored testimony regarding the appropriate ratemaking treatment for a retired coal-fired generation plant. This testimony addressed prudence, ratemaking approaches for the recovery of unrecovered book balances, and the specific proposal made by the company.
