Where We Work
Hover over a state or province to see a list of representative projects from each location where we have worked.
Alaska
Embedded cost of service; Lead-lag and cash working capital; Merger approval standard; Power pool exchange and settlement; Project prudence; Rate design; Weather normalization adjustment
Arizona
Cost of capital; Embedded cost of service; Indirect overhead/capitalization rates; Merger; Rate consolidation; Rate design; Weather normalization adjustment
Arkansas
Cash working capital; Formula rate plan; Reasonableness of ratemaking adjustments; Return on equity and capital structure
California
Capital diversity; Cost of capital; Decoupling; Financial flexibility; Return on equity policy
Colorado
Credit ratings; Commodity financial hedging program; Disallowance of expenses; Electric vehicle rates; Financial integrity; Long-term strategy; Rate case matters; RFP independent evaluation
Connecticut
Certificate of need; Customer benefits and public interest; Cost of debt and credit quality; Demand forecast; Depreciation; Merger impacts; Rate case matters; Rate consolidation; Renewable energy
Delaware
Alternative ratemaking proposal; Rate design and cost recovery
Florida
Allocated cost of service; Benchmarking; Cost of capital; Need for new nuclear plant; New nuclear cost recovery; Prudence; Rate design; Recovery of replacement power costs
Georgia
Allocated cost of service; Cash working capital; Cost of capital; Rate design
Hawaii
Allowance for funds used during construction; Cost of capital; Merger application; Standby charge
Idaho
Benchmarking; Cash working capital; Depreciation; Governance, financial integrity, and ring-fencing merger commitments
Illinois
Affordability; Benchmarking; Co-located load and generation; Depreciation; Distributed energy resources; Earnings attrition; Merger application; Non-wires alternatives; Shared services costs
Indiana
Asset valuation; Cost allocation; Demand forecast, Minimum system study; Rate recovery for new plant additions, Resource planning; Transmission right of first refusal; Weather normalization
Iowa
Municipalization; RFP/PPA testimony; Sale of nuclear plant
Kansas
Capital structure; Confidentiality of gas contracts; Merger standards, acquisition premium, ring-fencing, public interest standard; Rate of return; Transaction value and merger benefits
Kentucky
Capital structure, cost of long-term debt; Cash working capital; Demand forecast; Return on equity; Revenue requirements
Louisiana
Appraisal; due diligence; cost of capital analysis and testimony; market power study
Maine
Adjustment mechanism; Benchmarking; Capital structure; Credit quality; Equity ratio; Merger standards, Customer Net Benefits, Ring-Fencing; Utility valuation, Merger commitments, Rate base valuation
Maryland
Benchmarking; Cost of service; Cost recovery; Merger standards and public interest standard; Rate design; Regulatory policy; Shared services
Massachusetts
Cost of service; Demand forecast; Future of gas; Market design and rules; Performance-based rate plan; Rate case matters; Risk; Supply planning
Michigan
Certificate of need; Economic benefits and prudence; Integrated resource plan; Merger application; Sale of nuclear plant
Minnesota
Cost of capital; Depreciation; Gas purchasing decisions; Industry perspective; NRG impacts; PPA, financial impacts; Prudence; Return on equity; Sale of nuclear plant; Winter storm cost recovery
Mississippi
Market-based rates; rate design and testimony; regulatory policy testimony; market power evaluation; cost of service; cost allocation; rate design; regulatory strategy
Missouri
Affiliate transactions; Depreciation; Fuel adjustment clause; Incentive ratemaking; Rate case matters; Regulatory policy, fuel securitization, purchased power costs; Transmission right of first refusal
Montana
Alternative ratemaking proposals; Cash working capital; Cost of capital; Depreciation; Rate design; Revenue requirements
Nebraska
Due diligence; return on equity analysis
Nevada
Cost of service; Rate design
New Hampshire
Demand forecast; Integrated resource plan; Multi-year rate plan; Prudence; Rate case matters; Restructuring and rate stabilization; Temporary Rates
New Jersey
Benchmarking; Certificate of Need for LNG Storage Facility; Cost allocation; Energy efficiency cost benefit analysis; Nuclear valuation in support of stipulation; Return on equity
New Mexico
Cost of capital; Future test year model / revenue requirement; Lead-lag and cash working capital; Merger testimony
New York
Capital Structure; Certificate of need for transmission line; Ownership of utility-scale renewables; Nuclear plant sale; Ring-fencing policy; Standard offer service agreement; Vertical market power
North Carolina
Market power; Merger approval; Return on equity
North Dakota
Cost causation; Cost of capital; Depreciation; Resource planning
Northwest Territories
Depreciation
Ohio
Acquisition prudence; Demand adjustments; Cash working capital; Cost of capital; Integrated resource plan; Return on equity
Oklahoma
Capital structure; Cash working capital; Cost recovery; Formula rate plan; Return on equity; Winter storm funding
Oregon
Depreciation; Interest rate hedging program review; Line extension allowance; Return on equity
Pennsylvania
Cash working capital; Demand forecast; Federal and state income tax claims; Reliability data and reasonableness of established standards; Weather normalization
Rhode Island
Cost of capital; Electric rate adjustment; Gas cost mitigation; Merger impacts; Price unbundling; Rate design and cost recovery; Renewable energy standard procurement; Standard offer service procurement
South Carolina
Return on equity
South Dakota
Capital structure; Cash working capital; Depreciation; Return on equity
Tennessee
Benchmarking of new generation costs; Cash working capital; O&M benchmarking; Procurement appropriateness
Texas
Distribution cost recovery factor; Fuel procurement review; Merger Application, Ring-fencing, Affiliate Interest, Code of Conduct; Natural gas futures vs. spot price comparison; Regulatory policy
Utah
Benchmarking in support of ROE; Cost of capital
Vermont
Cost of capital; Financial capability and credit quality; Models of incentive regulation; Nuclear facility transfer; Return on equity
Virginia
Benchmarking; Cash working capital; Cost of capital; Regulatory policy; Securitization of fuel costs; Shared services review
Washington
Distributed LNG market assessment; Reasonableness and sufficiency of governance, bankruptcy, and financial ring-fencing stipulated settlement commitments
West Virginia
Cash working capital; Cost of capital; Prudence standard relative to procurement decisions
Wisconsin
Cost of capital; Certificate of need for wind project; Gas line expansion, reasonableness; Fuel cost adjustments; Merger approval; Return on equity; Sale of nuclear plant
Yukon
Depreciation; Return on Equity
Alberta
Cost of capital parameters; Cost of common equity; Depreciation; Generic cost of capital; Stranded costs
British Columbia
Cost of capital; Cost of capital adjustment mechanisms; Depreciation; Gas rate design
New Brunswick
Cost of capital; Macroeconomic environment and capital market conditions; Fuel & purchased power markets and forecasts; Depreciation; Rate setting
Newfoundland and Labrador
Cost of capital; Depreciation
Nova Scotia
Decarbonization policy and recovery of energy transition costs; Depreciation; Earnings sharing mechanism; Fuel stability plan; Prudence; Renewable energy standard compliance; Used and useful ratemaking
Ontario
Cost of Capital (ROE, Cost of Debt, and Capital Structure); Carrying costs on regulatory deferrals; Carrying costs on cloud computing deferrals; Depreciation; Equity thickness; Incentive regulation plan
Prince Edward Island
Return on capital; Weather normalization report
Quebec
Depreciation; Natural gas market assessment; Performance-based ratemaking; Procurement strategy; Return on equity, business risk, and capital structure; Risk management