Bachelor of Arts
degree, major in economics, from Willamette University (1984)
1990 National Association of Regulatory
Utility Commissioners(NARUC) Advanced Regulatory Studies Program
Docket No. W-01303A-08-0227 re: In the matter of the application of Arizona-American
Water Company for approval of a rate increase for utility service by Agua Fria Water and Agua Fria Wastewater District, Anthem
Water and Anthem Wastewater District, Havasu Water District, Mohave Water and Wastewater District, Paradise Valley Water District,
Sun City West Water District and Tubac Water District. Represented the Camelback Inn and the Sanctuary on Camelback Mountain
in analysis of rate proposals affecting resort users.
Docket No. W-01303A-08-0227 re: In the matter
of the application of Arizona-American Water Company for approval of a rate increase for utility service by Agua Fria Water
and Agua Fria Wastewater District, Anthem Water and Anthem Wastewater District, Havasu Water District, Mohave Water and Wastewater
District, Paradise Valley Water District, Sun City West Water District and Tubac Water District. Analyzed case (2,000
pages of documents) and presented its effects on customers on Paradise Valley before the Paradise Valley Town Council.
Docket
No. E-01933A-07-0402 re: In the matter of the application of Tucson Electric Power Company for the establishment of just and
reasonable rates and charges designed to realize a reasonable rate of return on the fair value of its operations throughout
the State of Arizona. Handicapped rate case outcomes for investors. Analysis provided to a number of Wall Street
investment firms through The Gerson Lehrman Group. (2008)
Docket No. W-01303A-05-0405 re: In the
matter of the application of Arizona - American Water Company Inc. for approval of a determination of the current fair value
of its utility plant and property; and for increases in its rates and charges based thereon for utility service by its Paradise
Valley Water District. Provided revenue requirement and rate spread/rate design analysis related to High Usage Surcharge
and Public Safety Surcharge to resort water users group. (2007)
Docket No. 06-11022 re: application
of Nevada Power Co. for authority to increase its annual revenue requirement for general rates charged to all classes of electric
customers and for relief properly related thereto: Rate of return witness for intervenor MGM-Mirage. (2007)
Docket No. E-01345A-05-0816 re: In the matter of the application of Arizona Public Service Company for a
hearing to determine the fair value of the utility property of the company for ratemaking purposes, to fix a just and reasonable
rate of return thereon, to approve rate schedules designed to develop such return, and to amend Decision No. 67744. Provided
analysis and commentary to Wall Street hedge fund clients on ACC decision process and procedures and likely outcome of the
ACC vote. (2007)
Docket No. E-01933A-05-0650 re: application of Tucson Electric Power Company to amend
Arizona Corporation Commission (ACC) Decision No. 62103. Provided analysis and commentary to GLG clients on ACC decision
process and procedures and likely outcome of the ACC vote. (2005-2006)
Case No. 200500151 re: application
of Oklahoma Gas and Electric Company for authority to increase its electric rates. Rate-of-return witness for intervenor
Oklahoma Industrial Energy Consumers. (2005)
Docket No. E-01933A-04-0408 re: in the matter of the
filing of general rate case information of Tucson Electric Power Co. pursuant to Decision No. 62103. Provided analysis
on process & procedure, likely positions to be taken by parties, and revenue requirement analysis after impacts of potential
or likely disallowances. Analysis provided to a number of Wall Street investment firms through The Gerson Lehrman Group. (2004-2005)
Docket No.E-04230A-03-0933 re: in the matter of the reorganization of UniSource Energy Corporation. Analyzed
proposed acquisition of UniSource by KKR through Saguaro Acquisition Corp. Provided analysis and commentary on Arizona
Corporation Commission (ACC) decision process and procedures and likely outcome of the ACC vote. Analysis provided to
a number of Wall Street investment firms through The Gerson Lehrman Group. (2004)
Docket No. UM 1121
re: application of Oregon Electric Utility Co., LLC, et alia for authority to acquire Portland General Electric Co. Analyzed
the proposed acquisition of Portland General Electric Co. by the Texas Pacific Group from the Enron bankruptcy estate
on behalf of the Industrial Customers of Northwest Utilities. (2004)
Case Nos. AVU-E-04-01 and AVU-G-04-01
re: application of Avista Corporation for authority to increase its electric rates. Rate-of-return witness for intervenor
Potlatch Corporation. (2004)
Docket Nos. 03-10001 and 03-10002 re: application of Nevada Power Co.
for authority to increase its annual revenue requirement for general rates charged to all classes of electric customers and
for relief properly related thereto: Rate of return witness for intervenor MGM-Mirage. (2004)
Docket
Nos. 01-10001 and 01-10002 re: application of Nevada Power Co. for authority to increase its annual revenue requirement for
general rates charged to all classes of electric customers and for relief properly related thereto: Rate of return witness
for intervenor MGM-Mirage. (2002)
Docket No. UE 010395 re: application of Avista Corporation d/b/a
Avista Utilities request for recovery of power costs through the deferral mechanism. Corporate finance witness for the
Industrial Customers of Northwest Utilities. (2001)
Docket Nos. 99-4001 and 99-4005 re: Sierra Pacific
Power Co. compliance filing Docket No. 99-4001 and Nevada Power Co. compliance filing Docket No. 99-4005. Rate of return
witness for intervenors Mirage Resorts, Inc., Park Place Entertainment Corp., and the Mandalay Group. (2000)
Application
Nos. 98-05-019, 021, & 024. Presented beta adjustment and distribution risk discount testimony on behalf of the Division
of Ratepayer Advocates of the California Public Utility Commission. (1998)
Speaker—US Agency
for International Development's Conference on Private Sector Participation in the Colombian Power Sector. (1991)
Chief, Financial & Regulatory Analysis Section, Utilities Division, Arizona Corporation
Commission, 2001 to 2004
Testified or provided reports in the following dockets:
•W-01656A-98-0577 & WS-02334A-98-0577—Sun City Water Co. and Sun City West Utilities Co.’s
request for approval of the Central Arizona Project water utilization plan. Testimony on the effect of the Groundwater
Savings Project on Sun City Water Co. and Sun City West Utilities Company’s revenue requirement.
•E-01345A-02-0707—Arizona
Public Service Co.’s application for authority to incur $500,000,000 of debt and to acquire a financial interest
in an affiliate by lending $500,000,000 to Pinnacle West Capital Corp. or Pinnacle West Energy Corp. Alternatively,
APS’ application to guarantee $500,000,000 of PWCC or PWEC debt. Testimony on the appropriateness of the affiliate
transactions and seven conditions under which the loan could be made.
•E-01345A-02-0840—Arizona
Public Service Co.’s application for authority to loan $125,000,000 of debt to an affiliate. (Staff report
regarding four conditions under which the affiliate transaction would be appropriate.)
•E-01345A-02-0403—Arizona
Public Service Co.’s application for approval of adjustment mechanisms. Testimony on a power supply adjustor earnings
test.
•E-01032-00-0751, G-01032A-02-0598, E-01933A-02-0914, E-1032C-02-0914, G-01032A-02-0914—Consolidated
dockets of UniSource, Citizens Communications Arizona Gas Division (AGD), & Citizens Communications Arizona Electric Division
(AED); general rate case for the AGD, PPFAC adjustment for AED, and sale of AGD and AED to UniSource. (Staff report section
on analysis of the financing of the sale and transfer of utility assets.)
•W-01445A-02-0619—Arizona
Water Company’s application for rates and charges for eight systems. Testimony on implementing lifeline rates and
marginal cost pricing into rate design, resulting in inverted block rates.
Senior Analyst
with the Public Utility Commission of Oregon, 1988-2001
Testified or provided rate
of return analyses in the following dockets:
•UE 102—PGE disaggregation/general rate case (chief
rate of return witness).
•UE 94—PacifiCorp general rate case (chief rate of return witness).
•UE 93 (UM 592, UM 694)—Portland General Electric Co. excess power cost/Coyote/BPA filing.
•UE
92—Idaho Power general rate case.
•UE 88—Portland General Electric Co. general rate case
(chief rate of return witness).
•UE 85/UM 529—Portland General Electric Co. Earnings test for
Trojan Shutdown Cost Adjustment Account.
•UE 84—Idaho Power Co. deferred account earnings benchmark.
•UE 82/UM 445—Trojan Outage Cost Adjustment Account earnings test benchmark.
•UE79—Portland
General Electric Co. general rate case (chief rate of return witness).
•UG 104/UG 105/UG 106—LDC
deferred account earnings test benchmarks.
•UG88—Cascade Natural Gas Co. general rate case (chief
rate of return witness).
•UG81—Northwest Natural Gas Co. general rate case (chief rate of return
witness).
•UT 125—US WEST Communications, Inc general rate case (chief rate of return witness).
•UT 113—GTE Northwest general rate case (chief rate of return witness).
•UT101—United
Telephone Co. of the Northwest general rate case (chief rate of return witness).
•UT85—US WEST
general rate case (capital structure and debt cost witness).
•RP95-409—Northwest Pipeline general
rate case (FERC).
•RP93-5—Northwest Pipeline general rate case (FERC).
Responsibilities
also included the following:
•Analyses and recommendations in over fifty financing dockets involving
instruments such as first mortgage bonds, medium-term notes, debentures, preferred stock, QUIDS, TOPRs, common equity, shareholder
rights plans (poison pills), and derivative securities including caps, collars, and floors.
•UM 903—
Northwest Natural, cost of capital analysis for purchased gas adjustment mechanism.
•UM 21—Cost
of capital analysis for avoided cost calculations.
•UM 351—Cost of capital analysis for long-run
incremental-cost studies.
•UM 573—Analysis of purchased power on the utility's cost of capital.
•UM 773—Cost of capital analysis for long-run incremental-cost studies.
•UM
814—Enron’s application to acquire Portland General Electric Co.
•UM 918—Scottish
Power plc’s application to acquire PacifiCorp.
•UM 967—Sierra Pacific Resource’s
application to acquire Portland General Electric Co.
