
Larry Koppelman
is Liberty’s lead consultant in economic matters. He is also the
firm’s most experienced management auditor, having begun to perform
audit engagements for public-service commissions 20 years ago. He
also has significant experience in reviewing operations efficiency
and effectiveness for utilities. His extensive consulting experience
includes particular emphasis on management and operations and
affiliate relationships, regulatory policy, rate and economic
analysis, the provision of centralized services, field operations,
human resources and manpower planning, and business and organization
planning and practices. He also has worked many times for clients in
these functions:
Larry holds a master of science
degree in management from The Sloan School of Management,
Massachusetts Institute of Technology. He also holds a bachelor and
a master of arts degree in natural-resource economics from The Johns
Hopkins University
Project Highlights
Larry has served in lead or management roles in a wide
range of audit engagements for 13 regulatory commissions, involving
19 electric utilities and 6 gas utilities. His roles have included
reviews of planning and budgeting, workforce management, human
resources, fuel procurement, executive compensation, mergers,
service and holding company support for utility operations, and
affiliate relations and transactions.
Larry served in a managing role
on four management and operations audits of natural-gas distribution
utilities for Liberty, serving the public-service commissions of
Connecticut and Arkansas. He served as project manager on many of
them.
Larry also has broad experience
in conducting commission-sponsored audit engagements of
local-exchange providers. He has served in a lead role on Liberty’s
audits of Verizon (or predecessor) operations in New York,
Pennsylvania, New Jersey, Maryland, the District of Columbia, New
Hampshire, and Kentucky.
Larry managed Liberty’s
off-shore re-engineering project for an electricity system in
Central America and he performed cost and best-practices
benchmarking in Liberty’s work for an Ohio electricity and gas
supplier and a major southern electricity generation and
transmission cooperative. He also performed cost-reduction studies
in energy procurement, transmission and distribution, and human
resources for an electric-utility holding company and a natural-gas
utility.
Larry examined a variety of
ratemaking and economic aspects of telecommunications
diversification by a New England electricity supplier. He also
managed a Liberty engagement designed to assist a client in
assessing its competitive strengths and weaknesses in competing in
utility energy-supply markets.
He also served in management or
lead-consultant roles in two projects for a public-service
commission in monitoring an electric utility’s divestiture of its
nuclear and fossil-fueled power plants, two projects for commissions
that considered the mergers of electric utilities, a study of a
telephone company’s achievement of projected merger savings, and an
evaluation of an electric utility’s decision to build a new power
plant.
A substantial amount of Larry’s
work has been in the area of assessing the propriety of the
relationships between utilities and their non-regulated affiliates.
He has had leadership roles in assignments in this field on
electric, natural-gas, and telephone utilities, including Verizon
companies four times and five electric utilities.
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