Our Energy, Utilities, Water and Telecommunications practice group has extensive experience representing regulated public utilities in all aspects of major ratemaking before various administrative agencies and state public utility commissions, most notably, the New York State Public Service Commission (NYSPSC) and the New Jersey Board of Public Utilities.
From preparing and filing initial and rebuttal testimony to managing discovery and being actively involved in witness preparation and the hearing process, we guide our clients through each stage of a rate case. We possess a unique perspective and invaluable insight into the inner-workings of rate proceedings and related regulatory matters, as many of our attorneys have served on the staff of numerous regulatory commissions, consumer agencies, public utility in-house law departments and electricity reliability councils.
Our attorneys participate in rate cases across many jurisdictions, providing insight into developing trends in the law. We have advised most of the major water, gas and electric utilities in New York State in traditional rate cases, involving issues such as forecasting and rate design, earnings adjustment mechanisms, cost of service, capital structure, fair rate of return, depreciation studies and development of revenue requirements. With particular proficiency in navigating complex rate proceedings before the NYSPSC, our vast knowledge of and active involvement in the ever-changing energy industry enables us to effectively assist our clients in achieving a positive outcome.
Our public utility state regulatory work expertise is unparalleled, as evidenced by Cullen and Dykman’s current “Band 1” ranking as a leading New York law firm for the Energy: State Regulatory and Wholesale Electric Market Department in the renowned Chambers USA legal directory published by Chambers and Partners.