New Gas Utility Productivity and Benchmarking Study

The Ontario Energy Board is a North American leader in performance-based ratemaking (“PBR”) for natural gas utilities. It has retained PEG to update their research on US gas distributor productivity trends and to recommend an appropriate X factor for the revenue cap index formula of Enbridge Gas Inc. Mark Newton Lowry, President of PEG, will be project manager and expert witness. EGI is Canada’s largest gas distributor and also provides gas transmission and storage services in Ontario. PEG will also benchmark EGI’s cost using US and Alberta data and measure EGI’s productivity trends. 

Dr. Lowry pioneered the use of statistical cost research in North American gas utility ratemaking. He first measured gas industry productivity trends for the Interstate Natural Gas Association of America in 1990. His first gas distributor productivity and cost benchmarking research and testimony was for Boston Gas in 1996.