Expert Testimony in over 400 utility cases in twenty-five states
Prominent and Noteworthy Expert Witness Testimony Filed Recently
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%
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%
Expert Witness testimony filed in the last 15 years
California
San Diego Gas & Electric Company, Application 19-04-017, Rate of Return, August 2019
Southern California Gas Company, Application 19-04-016, Rate of Return, August 2019
Pacific Gas and Electric Company, Application 19-04-015, Rate of Return, August 2019
Southern California Edison, Application 19-04-014, Rate of Return, August 2019
Liberty Utilities, Application A.18-05-006, Rate of Return, August 2018
San Gabriel Water Company, Application A.18-05-005, Rate of Return, August 2018
Suburban Water Company, Application A.18-05-004, Rate of Return, August 2018
Great Oaks Water Company, Application A.18-05-001, Rate of Return, August 2018
California Water Service Company, Application A.17-04-006, Rate of Return, August 2017
California American Water Company, Application A.17-04-003, Rate of Return, August 2017
Golden State Water Company, Application A.17-04-002, Rate of Return, August 2017
San Jose Water Company, Application A.17-04-001, Rate of Return, August 2017
Colorado
Public Service Company of Colorado, Docket No. 11AL-947E, Rate of Return, March 2012
Connecticut
United Water Connecticut, Docket No. 07-05-44, Rate of Return, November 2008
Valley Water Systems, Docket No. 06-10-07, Rate of Return, May 2007
Delaware
Tidewater Utilities, Inc., PSC Docket No. 11-397, Rate of Return, April 2012
Delmarva Power & Light, PSC Docket No. 09-414, Rate of Return, February 2010
Delmarva Power & Light, PSC Docket No. 09-276T, Rate of Return, February 2010
Florida
Florida Power & Light (FPL), Docket No. 070001-EI, October 2007
Florida Power Corp., Docket No. 060001 Fuel Clause, September 2007
New Jersey
Aqua New Jersey, Inc., BPU Docket No. WR11120859, Rate of Return, April 2012
Maryland
Delmarva Power & Light, Case No. 9317, Rate of Return, June 2013
Columbia Gas of Maryland, Case No. 9316, Rate of Return, May 2013
Potomac Electric Power Company, Case No. 9286, Rate of Return, March 2012
Delmarva Power & Light, Case No. 9285, Rate of Return, March 2012
North Dakota
Otter Tail Power Company, Case No. PU-17-398, Rate of Return, May 2018
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
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
South Carolina
Blue Granite Water Company, Docket No. 2019-290-WS, Rate of Return, January 2020
Vermont
Central Vermont Public Service Corp., Docket No. 7321, Rate of Return, September 2007