Michael J. Adams


Financial Advisory:
Investment advisory and due diligence, Merger activities

Cash working capital, Cost allocation, Lead-lag studies, Management audits, Performance benchmarking, Revenue requirements

Michael J. Adams

Senior Vice President & Board Member

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Summary of Experience

Michael J. Adams, Senior Vice President, provides financial, regulatory, strategic, operational and litigation support to his energy clients.  Mr. Adams provides a wide array of case management services to his energy clients in preparation for, and support of regulatory filings.  He also provides advisory services in the areas of mergers and acquisitions.  Mr. Adams has over thirty years of direct experience in the public utility industry.  He has worked for an investor-owned utility, a regulatory agency, and most recently as a consultant to the utility industry.  As a consultant, Mr. Adams has provided expert testimony or reports before State and Federal regulatory agencies. His testimonies typically address issues related to shared services, cost of service/revenue requirement, including cash working capital, and accounting and/or cost allocations. Prior to joining Concentric, Mr. Adams was a Managing Director of Navigant Consulting, Inc.  Mr. Adams is a Certified Public Accountant, a graduate of the Illinois College and holds an M.B.A. from the University of Illinois, Springfield.


M.B.A., Finance, University of Illinois, Springfield
B.S., Accounting, Illinois College
Certified Public Accountant

Testified Before

Arkansas Public Service Commission; the City of El Paso, Texas; the Connecticut Public Utilities Regulatory Authority, the Federal Energy Regulatory Commission (FERC); the Hawaii Public Utility Commission; the Illinois Commerce Commission; the Maryland Public Service Commission; the Massachusetts Department of Telecommunications and Energy; the Missouri Public Service Commission; the New Hampshire Public Utilities Commission; the Oklahoma Corporation Commission; the Ontario Energy Board; the Pennsylvania Public Utility Commission; the Public Utilities Commission of Texas; and the State Corporation Commission of Virginia.

Case Studies


Focused Management Audit of Big Rivers Electric Corp   PDF

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