MARLBOROUGH, Mass., Nov. 17, 2015 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric") is pleased to announce that former regulators, Benjamin O. Davis and Kenneth A. Sosnick, have joined the firm as Senior Project Managers.
Ken Sosnick has experience on a wide range of issues related to electric, oil/petroleum product pipeline and natural gas pipeline industries from his work at the Federal Energy Regulatory Commission ("FERC"). During his more than 10 years at FERC, Mr. Sosnick served in multiple roles including Energy Industry Analyst—Office of Administrative Litigation and Auditor—Division of Regulatory Audits. Mr. Sosnick has concentrated on electric formula rates, cost of service rates, levelized cost of service rates, allocation of corporate overhead costs, master-limited partnership income taxes, throughput/system rate design quantities, cost allocation and rate design, natural gas pipeline fuel recovery mechanisms, extraordinary events surcharge trackers, Section 5 of the NGA rate proceedings and extensive exposure to depreciation rate calculations and Return on Equity calculations under the FERC Discounted Cash Flow methodology. After leaving FERC in 2013, Mr. Sosnick joined MRW & Associates LLC as a Senior Project Manager. As a consultant, Mr. Sosnick constructed cost of service models and evaluated cost allocation and rate design proposals in natural gas pipeline proceedings.
Ben Davis has over 7 years of experience working on electric power and regulatory issues at the Massachusetts Department of Public Utilities ("DPU"). During his time at the DPU, Mr. Davis served as Economist and Director of the Electric Power Division. Mr. Davis's experience includes matters pertaining to clean energy policies, grid modernization, dynamic pricing, competitive electric markets, utility provision of retail electric supply, electric system reliability, service quality, and utility mergers. Mr. Davis's experience in sustainable electricity policies and regulation includes utility administered energy efficiency programs, electric rate decoupling, long-term contracts for renewable generation, electric vehicles, and net metering.
"Mr. Sosnick's and Mr. Davis's technical skills, regulatory expertise and broad experience on energy issues that are affecting many of Concentric's clients will significantly complement our firm's ability to assist clients in addressing industry challenges and opportunities," said Concentric's Chairman and Chief Executive Officer, John J. Reed.
Mr. Sosnick will be located in San Francisco, California and Mr. Davis will be located at Concentric's headquarters in Marlborough, Massachusetts.
Concentric Energy Advisors, Inc. (www.ceadvisors.com) specializes in management consulting and financial advisory services with an exclusive focus on the North American energy industry. Concentric's staff possesses expertise in all aspects of the power and natural gas markets at both the wholesale and retail levels, as well as the oil pipeline industry. Concentric's energy industry experts have held positions with utility companies, regulatory agencies, integrated energy companies, regional transmission organizations, retail marketing companies, and utility management consulting firms.
Maggie Connolly, Marketing Manager
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SOURCE Concentric Energy Advisors, Inc.