Dr. Jonathan Lesser is the President of Continental Economics, Inc., and has 30 years of experience working for regulated utilities, government, and as an economic consultant. He has addressed critical economic and regulatory issues affecting the energy industry in the U.S., Canada, and Latin America, including gas and electric utility structure and operations, generating asset valuation under uncertainty, cost-benefit analysis, 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 prepared expert testimony and reports in cases before utility commissions in numerous states; before the Federal Energy Regulatory Commission (FERC); before international regulators in Belize, Guatemala, Mexico, and Puerto Rico; in commercial litigation cases in Arizona, Vermont, and Washington State; and before legislative committees in Connecticut, Maryland, Ohio, Texas, Vermont, and Washington State. He has also served as an arbiter in cases involving disputes between regulators and regulated utilities, as well as disputes regarding the value of electric generating assets. Dr. Lesser has also designed economic models to value nuclear, fossil fuel, and renewable generating assets, as well as long-term power contracts in the presence of market, regulatory, and environmental uncertainty. He is most recently the coauthor of Principles of Utility Corporate Finance, published in 2011 by Public Utilities Reports, Inc., as well as numerous academic and trade press articles. Dr. Lesser is also a contributing columnist and Editorial Board member for Natural Gas & Electricity. Dr. Lesser earned a B.S degree in Mathematics and Economics from the University of New Mexico, and M.A. and Ph.D. degrees in Economics from the University of Washington.
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William Hopkins is an Affiliated Expert with Continental Economics, Inc., with over 40 years’ experience testifying in utility pricing, costing and regulation matters before regulatory bodies. Mr. Hopkins specializes in national and international gas, electric and water utility tariff designs; including rate case preparation, pricing design, incentives, cost of service studies, special contracts, tariff terms and conditions and regulatory issues. Mr. Hopkins has testified as a utility pricing and cost of service expert in over 15 jurisdictions in the U.S. and Canada, and has managed utility pricing and regulatory reform projects internationally in South America, the Caribbean, Central America, Africa, and China.
Prior to becoming associated with Continental Economics, Mr. Hopkins served as a Director at Navigant Consulting, Inc., a Vice President of Reed Consulting (Metzler) and led the utility rate and regulatory consulting activities as a Vice President of Stone & Webster for over twenty years. He received a B.S. in Mechanical Engineering from Worcester Polytechnic Institute.
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Yevgeniy Feyman is a Research Analyst with Continental Economics. He has experience writing on, and analyzing the economic impact of policies in several areas including energy, healthcare, and taxation.
Additionally, Mr. Feyman is a Research Associate with the Manhattan Institute for Policy Research, contributing analysis for various policy papers and reports; he also blogs regularly at MedicalProgressToday.com. Yevgeniy holds a B.A. in Economics and Political Science from Hunter College.