Terry Deason Joins Faculty of NARUC Rate School
Terry Deason, Special Consultant with Radey Thomas Yon & Clark (RTYC), has joined the faculty of the Eastern Utility Rate School sponsored by the National Association of Regulatory Utility Commissioners (NARUC). NARUC, founded in 1889, is the national association representing the State Public Service Commissioners who regulate essential utility services, including energy, telecommunications, and water. NARUC provides a venue to set and influence public policy, share best practices, and foster innovative solutions to improve regulation. For the last 39 years, NARUC has sponsored the Eastern Utility Rate School to educate participants on the fundamentals of ratemaking for public utilities. NARUC administers the rate school jointly with the Institute of Public Utilities at Michigan State University.
The 39th Eastern Utility Rate School will be held October 31, 2011 through November 4, 2011, in Clearwater, Florida. The week long school will cover the economic and legal bases for the regulation of public utilities, the development of a public utility’s rate base, the determination of eligible expenses, methods to determine a public utility’s cost of capital, cost allocation methods, and rate design principles. The school utilizes small group break-out sessions to analyze a mock rate case and covers emerging trends and issues affecting public utilities. Mr. Deason will cover expenses, depreciation, taxes and cost trackers during the second day of the school and will assist participants during the mock rate case phases of the school.
Mr. Deason has been a consultant with (RTYC) since retiring from the Florida Public Service Commission (FPSC) in 2006. Mr. Deason served as a Commissioner on the FPSC for 16 years and served as its Chairman for two different terms. Since joining (RTYC), Mr. Deason has been consulting with public utility clients and public utility commissions and has provided expert testimony in contested utility cases before commissions in Arkansas, Florida, Montana, New York and North Dakota on a variety of ratemaking and regulatory policy issues. Mr. Deason holds a Bachelor of Science Degree in Accounting, summa cum laude, and a Master of Accounting, both from Florida State University.