Richard A. Baudino, Director of Consulting

EDUCATION

New Mexico State University, B.A.
Economics, English

New Mexico State University, M.A.
Major in Economics, Minor in Statistics

Seventeen years of experience in utility ratemaking. Broad-based experience in revenue requirement analysis, cost of capital, utility financing, phase-ins and rate design. Has designed revenue requirement and rate design analysis programs.

REGULATORY TESTIMONY

Preparation and presentation of expert testimony in the areas of

EXPERIENCE

1989 to Present: J. Kennedy and Associates, Inc.: Director of Consulting. Responsible for consulting assignments in the area of revenue requirements, rate design, cost of capital, and economic analysis of generation alternatives.

1982 to 1989: New Mexico Public Service Commission Staff: Utility Economist. Responsible for preparation of analysis and expert testimony in the areas of rate of return, cost allocation, rate design, finance, phase-in of electric generating plants, and sale/leaseback transactions.

CLIENTS SERVED

Regulatory Commissions
Louisiana Public Service Commission

Industrial Groups
Ad Hoc Committee for a Competitive Electric Supply System
Air Products and Chemicals, Inc.
Arkansas Electric Energy Consumers
Arkansas Gas Consumers
Armco Steel Company, L.P.
Association of Business Advocating Tariff Equity
General Electric Co.

Industrial Energy Consumers
Kentucky Industrial Utility Consumers
Large Electric Consumers Organization
Newport Steel Co.
Northwest Arkansas Gas Consumers
Maryland Industrial Group
Occidental Chemical Corp.
PSI Industrial Group
Taconite Intervenors (Minnesota)
Tyson Foods

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