Register Today for Courses in Cost of Service and Rate Design for Natural Gas Interstate Pipeline Companies (January 26th-27th)
Brown, Williams, Moorhead & Quinn, Inc.

One of the key drivers in a business’ cost of service, and often one of the more contentious issues in a rate case, the return on equity represents the profit that a business is allowed the opportunity to collect to account for the risks inherent in its equity investment. The return on equity (or “ROE”) is dependent on both market conditions (as discussed below in the DCF Analysis section) and the specific risk factors faced by the filing entity. Brown Williams, through its specialized consultants, consistently monitors the returns observed in today’s dynamic marketplace and has extensive experience working with energy companies to develop an appropriate return on equity based on the company’s operating characteristics.