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Jonathan A. Lesser has 25 years of experience working for regulated utilities, government, and as an economic consultant. He has addressed critical economic and
regulatory issues that affect the energy industry; these include gas and electric utility structure and operations, mergers and acquisitions, cost allocation and rate
design, resource investment decision strategies, cost of capital, depreciation, risk management, incentive regulation, economic impact studies, and general regulatory
policy.
Dr. Lesser has testified before utility commissions in numerous states, before the Federal Energy Regulatory Commission (FERC), before regulators in Mexico and
Puerto Rico, in commercial litigation, and before numerous state legislative committees. He is the coauthor (with Dr. Leonardo Giacchino) of Fundamentals of Energy Regulation,
which was published in 2007 by Public Utilities Reports, Inc. Dr. Lesser has written numerous academic and trade press articles and is a contributing columnist and Editorial Board member for Natural Gas & Electricity.
Ph.D., Economics, University of Washington;
M.A., Economics, University of Washington; B.S., Mathematics and
Economics (with honors), University of New Mexico

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