Summary of Experience
Karl McDermott, Executive Advisor, is the Ameren Distinguished Professor of Business and Government at the University of Illinois at Springfield. Professor McDermott specializes in public utility regulation and public policies toward the regulation of business. Prior to taking the Ameren Professorship, Dr. McDermott was a Vice-President at NERA where he directed and participated in numerous projects in both the energy and telecommunications areas. His main focus has been the development of performance-based regulation mechanisms and advising clients on strategic regulatory options. Recent projects include evaluating and developing performance-based regulation plans and strategic regulatory options for Commonwealth Edison Company, Wisconsin Electric Power Company, Xcel Energy, Otter Tail Power, Peoples Energy, Louisville Gas and Electric, PowerGen, and Pacificorp. In addition, Dr. McDermott advises clients on competitive electric and gas markets including regulatory policy, generation location decisions, unbundling, tariff design, and corporate reorganization. Representative projects include an examination of essential facilities in the electric industry for the Edison Electric Institute, tariff design and competitive electric generation sitting for Southern California Gas Company, and unbundling of metering and billing, competitive declarations of tariffs and procurement options for Commonwealth Edison Company. He has testified before numerous state regulatory commissions and legislatures, as well as before the FCC and FERC and Missouri state court. Dr. McDermott lectures extensively on regulatory reform and restructuring and currently serves as an instructor for National Association of Regulatory Utility Commissioners summer seminars and advanced seminars.
Ph.D., Economics, University of Illinois Urbana-Champaign
M.A., Public Utility Economics, University of Wyoming
B.A., Economics, Indiana University of Pennsylvania
Circuit Court of Jackson County Missouri, Regulatory Commission of Alaska, Virginia Corporation Commission, Illinois Commerce Commission, Indiana Utility Regulatory Commission, West Virginia Public Service Commission, Alabama Public Service Commission, Kentucky Public Service Commission, Circuit Court of Cook County Illinois, Missouri Public Service Commission, Wyoming Public Service Commission, Utah Public Service Commission, United States District Court for the Western District of Missouri, North Dakota Public Service Commission, Public Service Commission of Wisconsin, Federal Energy Regulatory Commission, California Public Utilities Commission, South Dakota Public Utilities Commission, Iowa Utilities Board, Federal Communications Commission