Daniel Dane has over twenty years of invaluable expertise in the energy and financial services industries. His impressive track record includes providing comprehensive advisory services to energy and utility companies with a focus on corporate finance, regulation and ratemaking, and litigation support. He has extensive experience providing expert testimony on regulated ratemaking matters for investor- and provincially-owned utilities, including regulatory policy, the cost of capital and capitalization, asset and corporate valuation, merger impacts, and cost and investment recovery.
Notably, Mr. Dane recently co-authored a report for the Ontario Energy Association recommending the cost of capital and equity ratios for Ontario’s electric distribution, transmission, and gas distribution utilities, and Ontario Power Generation. This evidence was presented in Ontario Energy Board Matter EB-2024-0063.
Mr. Dane also provided expert testimony on behalf of Unitil Corporation before the Maine Public Utilities Commission regarding valuation and ratemaking considerations related to Unitil’s acquisition of Bangor Gas. Mr. Dane presented Concentric’s valuation of Bangor Gas to the MPUC and provided his expert perspective on market considerations on natural gas distribution value drivers.
Mr. Dane is adept at developing and delivering executive briefings for Boards of Directors on matters vital to the energy industry. He has taken leadership roles in large advisory assignments related to corporate strategy, utility ratemaking, and mergers and acquisitions. As the President of Concentric, Mr. Dane oversees the firm’s diverse service offerings, project delivery, and client relations.
Mr. Dane has an MBA from Boston College, a BA in Economics from Colgate University, and is a certified public accountant.
- Incentive Regulation and Alternative Rate Plans
- Lead-Lag Studies and Cash Working Capital
- Regulatory Policy
- Return on Equity, Cost of Capital, Cost of Debt, Capital Structure
- Revenue Requirements
M.B.A., Boston College
B.A., Economics, Colgate University
Regulatory Commission of Alaska; Connecticut Public Utilities Regulatory Authority; Illinois Commerce Commission; Maine Public Utilities Commission; Massachusetts Department of Public Utilities; New Hampshire Public Utilities Commission; New Mexico Public Regulatory Commission; Nova Scotia Utility Board; Oklahoma Corporate Commission; Ontario Energy Board; Rhode Island Division of Public Utilities and Carriers; South Dakota Public Utilities Commission; Public Utilities Commission of Texas; Vermont Public Utility Commission
