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Energy | Services

Regulatory and public policy

Revenue requirement

Energy industry restructuring has increased the complexity of many regulated rate filings before state and federal regulators. Bates White experts have helped regulated companies and regulators determine the regulated company revenue requirements using methods employed by regulators, including cost-of-service models, RPI-X (price caps) variants, and benchmarking. We have analyzed and testified on key regulatory fundamentals, including revenue requirements models, cost allocation models, cost of capital and rate of return, and depreciation analysis. Our experts have also developed systems of accounts and implemented regulatory accounting in a number of countries that restructured their energy industries.

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Areas of expertise
Market design and competition
Regulatory policy and strategy
Asset valuation and investment strategy
Cost allocation and rate design
Revenue requirement
Prudence
Incentive regulation and passthrough mechanisms
Rate of return
Depreciation analysis
Econometric studies