Expert Testimony in over 400 utility cases in twenty-five states
Prominent and Noteworthy Expert Witness Testimony Filed Recently
Securitization Application for Southern California Edison in September 2020, where the Proposed Decision issued on October 16, 2020 adopted RFC’s recommendation that a financing team is established to ensure legislative requirements are fulfilled (Proposed Decision – SCE A.20-07-008)
General Rate Case for Blue Granite Water Company in South Carolina in January 2020, where the Public Service Commission of South Carolina fully adopted RFC’s return on equity recommendation of 7.46% (BGWC – Final Order – April 9 2020)
General Rate Case for four Major California Energy Utilities in August 2019, where RFC’s cost of equity calculations used stock option prices to measure investor expectations (proxy group betas and equity risk premium) directly
General Rate Case for four California Class A Water Companies in August 2017, where the ALJ recommended the California Public Utilities Commission adopt RFC’s testimony and the final authorized returns on equity were between 8.90% and 9.20%
Expert Witness testimony filed in the last 15 years
Montana-Dakota Utilities Co., Case No. PU-15-90, Rate of Return, August 2015
Northern States Power, Case No. PU-400-04-578, Rate of Return, March 2005
Pennsylvania
Pennsylvania American Water Company Docket No. R-2020-3019369 and R-2020-3019371, Rate of Return, September 2020 (RFC Direct Testimony – PAWC 2020)
Twin Lakes Utilities, Inc., Docket No. R-2019-3010958, Rate of Return, October 2019
City of Lancaster Sewer Fund, Docket No. R-2019-3010955, Rate of Return, October 2019
Community Utilities of Pennsylvania Inc. Wastewater Division, Docket No. R-2019-3008948, Rate of Return, July 2019
Community Utilities of Pennsylvania Inc. Water Division, Docket No. R-2019-3008947, Rate of Return, July 2019
Newtown Artesian Water Company, Docket No. R-20019-3006904, Rate of Return, May 2019
Hidden Valley Utility Services, L.P. – Wastewater Division, Docket No. R-2018-3001307, Rate of Return, September 2018
Hidden Valley Utility Services, L.P. – Water Division, Docket No. R-2018-3001306, Rate of Return, September 2018
The York Water Company, Docket No. R-2018-3000019, Rate of Return, August 2018
SUEZ PA Pennsylvania, Inc., Docket No. R-2018-000834, Rate of Return, July 2018
UGI Utilities, Inc. – Electric Division, Docket No. R-2017-2640058, Rate of Return, April 2018
Wellsboro Electric Company, Docket No. R-2016-2531551, Rate of Return, December 2016
Citizens’ Electric Company of Lewisburg, PA, Docket No. R-2016-2531550, Rate of Return, December 2016
Columbia Gas of Pennsylvania, Inc., Docket No. R-2016-2529660, Rate of Return, June 2016
Columbia Gas of Pennsylvania, Inc., Docket No. R-2015-2468056, Rate of Return, June 2015
Pike County Light & Power Company, Docket No. R-2013-2397353 (gas), Rate of Return, April 2014
Pike County Light & Power Company, Docket No. R-2013-2397237 (electric), Rate of Return, April 2014
Columbia Water Company, Docket No. R-2013-2360798, Rate of Return, August 2013
Peoples TWP LLC, Docket No. R-2013-2355886, Rate of Return, July 2013
City of Dubois – Bureau of Water, Docket No. R-2013-2350509, Rate of Return, July 2013
City of Lancaster – Sewer Fund, Docket No. R-2012-2310366, Rate of Return, December 2012
Wellsboro Electric Company, Docket No. R-2010-2172665, Rate of Return, September 2010
Citizens’ Electric Company of Lewisburg, PA, Docket No. R-2010-2172662, Rate of Return, September 2010
T.W. Phillips Gas and Oil Company, Docket No. R-2010-2167797, Rate of Return, August 2010
York Water Company, Docket No. R-2010-2157140, Rate of Return, August 2010
Joint Application of The Peoples Natural Gas Company, Dominion Resources, Inc. and Peoples Hope Gas Company LLC, Docket No. A-2008-2063737, Financial Analysis, December 2008
York Water Company, Docket No. R-2008-2023067, Rate of Return, August 2008