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Bates White economist Jonathan A. Lesser to speak at Western Energy Institute Annual Meeting

WASHINGTON, D.C., September 4, 2007—Jonathan A. Lesser, Ph.D., Partner at Bates White LLC will present “Alternative Regulatory Structures and Rate Tariff Mechanisms” at the Annual Meeting of the Western Energy Institute. The meeting will be held in Park City, Utah, September 29–30, 2007.

Dr. Lesser will present practical approaches for creating incentives for regulated firms to reduce their costs (which translates into better margins for utilities and future lower prices for customers), and for policymakers to achieve their goals of more environmentally friendly resources. As he will detail in his presentation, policymakers often establish overly rigid approaches for achieving their goals, when other, more market-based approaches can achieve those goals at a lower cost.

Bates White is a sponsor of the 2007 WEI Annual Meeting, which brings together a wide range of industry executives, state and federal government officials, and others from the natural gas and electric communities in the West. The meeting focuses on energy policy and emerging trends, especially as they relate to renewable energy.

Dr. Lesser has more than 20 years experience working for electric utilities, government, and academia as an economic consultant. He has addressed major economic and regulatory policy issues affecting electric and natural gas utilities, ranging from market structure and operations to cost allocation, rate design, capital investment decision strategies and general regulatory policy. He has testified before numerous state public utility commissions and before the Federal Energy Regulatory Commission (FERC). In addition, he has testified in commercial litigation cases. Dr. Lesser is the coauthor of Fundamentals of Energy Regulation, published in 2007 by Public Utilities Reports, Inc.

To view the meeting agenda, visit http://www.westernenergy.org/PDF/Ann_Mtg_07/final_brochure.pdf.

About Bates White
Bates White is a consulting firm offering services in economics, finance, and business strategy to leading law firms, Fortune 500 companies, and government agencies. We provide our clients with a unique combination of quantitative and analytical expertise, and an understanding of business issues across a range of industries. Bates White has offices in Washington, D.C., and San Diego, Calif.

www.bateswhite.com

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