Accounting & Economics

Charles Gunter, Accounting Bureau Chief

The Accounting Bureau evaluates the accounting procedures used by regulated utility companies. Based on these evaluations, the bureau submits recommendations to establish new accounting standards, and advises the Commission on the implications of proposed procedural changes. The Accounting Bureau evaluates the completeness and accuracy of accounting information submitted in utility rate cases, and ensures that this information, as adjusted for rate making, is just and reasonable. The Accounting Bureau also performs audit reviews of the books and records of jurisdictional utility companies.

Jim Brack, Economics Bureau Chief

The Economics Bureau conducts economic and financial market analyses for all utilities. The Bureau provides expert testimony on cost of capital analysis and financial market issues, rate design, utility financing, general economic issues such as net present value, cost-benefit analysis, competition, elasticity, utility diversification issues, corporate structure analysis and holding company issues.