Service Accounting
Resume:
Exhibit PA-*
Richard L. Ansaldo
PO Box ****
Albany, NY 12220
***********@*****.***
Areas of Expertise and Specialization
** ***** ** ********** **** September 1976 to October 2008 in regulating Electric, Gas,
Telephone and Water utilities in increasingly responsible roles at the New York State
Department of Public Service. For 26 of those years I was a Section Chief in the Office of
Accounting and Finance. In that role I supervised financial analysts and accountants in the
agency s role and jurisdiction over rates and service. Specific areas of expertise include
financial analysis, revenue requirements, rate of return, economic studies, financing techniques,
capital structure, financial integrity, regulatory policy, management, negotiations, and
administrative rules and regulations. Since 2008 I have been self-employed as an independent
consultant providing advice and expertise on energy, conservation, utility, policy, and financial
issues.
Relevant Experience
Chief, Office of Accounting and Finance for the New York State Department of Public
Service, 1992 2008. Senior policy and technical advisor to the Commission on electric, gas,
telephone, and water matters, and shared administrative responsibilities for Office of Accounting
and Finance. Responsibilities included regulatory and competitive policy development and
implementation, overseeing rate proceedings and ratemaking, review corporate financial
planning, reviewing and advising on utility financial plans, reviewing mergers and acquisitions
and intervention in FERC gas proceedings. Developed a training program for Staff development
in rate cases.
Chief of Utility Financing in the Office of Accounting and Finance for the New York
State Department of Public Service, 1982 1992. Senior policy and technical advisor to the
Commission on electric, gas, telephone, and water matters, focusing on financia l issues and
shared administrative responsibilities for Office of Accounting and Finance.
National Association of Regulatory Utility Commissioners (NARUC), 1984 1990.
Directed the expansion of Finance Section and served as Chairman to NARUC Subcommittee on
Finance from 1984 to 1986 and Co-chair of the merged Subcommittee on Finance and
Economics from 1986 1990.
Exhibit PA-9
Progressed from Senior Accountant to Principal Financial Analyst in the Office or
Accounting and Finance for the New York State Department of Public Service from 1976 to
1982. In that role testified in numerous rate proceedings involving electric, gas, telephone and
water utilities and analyzed numerous financing petitions.
From 1972 1976 was at the General Electric Company in the Financial Management
Training Program and then served in account and auditing positions at the New York State
Department of Labor.
Specific Expertise Developed At The New York Commission
Testified in over 45 proceeding involving issues of rates, emergency rates, plant phase-
ins, steam system abandonment, coal conversion, long-term rate plans and cash management.
Testified before the New York Commission, FERC, and The Connecticut Department of
Utility Control.
Developed and reviewed revenue requirements for utility rate cases.
Developed discount rates to perform strategic analysis on plans to continue nuclear plant
completion and to evaluate conservation programs for demand side management.
Assisted Administrative Law Judges in developing recommendations in cases to be
presented to the Commission.
Made presentations to the Commission on a multitude of issues involving rates, finances
and policy and advised Commissioners on pending decisions.
Acquired special expertise in negotiations through experience and academic training
program by Harvard University professors based upon the book Getting to Yes.
Developed milestone criteria for honoring power purchase contracts during the 1980s
and 1990s.
Developed protections against holding company abuses which have become policy at the
New York Department of Public Service.
Developed techniques for removing the impact of non-earning assets from Holdco
financial statements so that utility rates would not be increased by Holdco activities.
Advised the Receiver for a utility in bankruptcy, leading to the successful continuation of
utility service after a successful auction of the troubled utility.
Utilities Covered
Consolidated Edison Company of New York, Inc.
Orange and Rockland Utilities, Inc.
Central Hudson Gas & Electric Corporation
Niagara Mohawk Power Corporation (now National Grid)
New York State Electric & Gas Corporation
Rochester Gas and Electric Corporation
National Fuel Gas
Long Island Lighting Company (now Long Island Power Authority, aka LIPA)
Keyspan Gas Properties (now National Grid)
Corning Natural Gas
All Major Water Utilities
2
Exhibit PA-9
All Telephone Companies including NYNEX (now Verizon)
Education
BS Degree in Accounting and Business Administration, and Graduate Certificate in Regulatory
Economics, State University of New York at Albany
3
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