Lance Schafer joined Concentric in September 2024, bringing with him a decade of experience in the utility regulation field with increasing responsibilities. Most recently, Mr. Schafer managed a team at Pepco Holdings, Inc., where he was responsible for overseeing class cost of service, rate design, and rate administration functions for the Pepco DC, Pepco MD, and Delmarva Power MD jurisdictions. Mr. Schafer has also provided testimony in traditional base distribution rate cases, multi-year rate plans, and streetlighting proceedings on the subjects of cost of capital, class cost of service, and rate design before several Public Service Commissions. He holds a Master of Business Administration from the University of Missouri, Columbia.

M.B.A., Concentration in Finance, University of Missouri, Columbia
M.A., French, University of California, Irvine
B.A., English, University of Missouri, Columbia
Delaware Public Service Commission; Public Service Commission of the District of Columbia; Kentucky Public Service Commission; Maryland Public Service Commission; Missouri Public Service Commission