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JOHN A. NERI, PH.D.
SUMMARY
A principal with Benjamin Schlesinger and Associates, LLC (BSA), Dr. Neri
has more than 30 years of diversified analytic experience in the energy
industries, both as a consultant and as a staff economist with the Department of
Energy/Federal Energy Administration. Since 1978, Dr. Neri has advised a variety
of private and public clients on a full range of economic and strategic issues
concerning the natural gas, oil pipeline and electric power industries. His work
has focused on market power and market analysis, sales and price forecasts,
demand price elasticity, cost of capital, cost allocation/rate design, gas
purchasing strategies and industry structure and regulation. Dr. Neri has
testified before the Federal Energy Regulatory Commission on market power and
market power mitigation, cost allocation/rate design, cost of capital and other
matters. He has similarly testified before state and provincial public utility commissions in
Arizona, Georgia, Iowa, Kansas, New York, Pennsylvania and Alberta.
EDUCATION
University of Maryland, College Park, Maryland, B.S. (1968); M.A. (1971);
Ph.D. (1973)
EXPERIENCE
2/20-Present PRINCIPAL, Benjamin Schlesinger and Associates, LLC (BSA),
Bethesda, Maryland.
 | Dr. Neri leads BSA’s practice in the areas of pipeline and electric
industry rate and regulatory issues, analysis of market power, and related
economic studies, e.g., recently:
| Filed testimony on behalf of the Interstate Natural Gas Association of
America (INGAA) in RM05-23 regarding market based rates for gas storage
projects. |
| Provided analytic support to the Alaska State Legislature concerning the
Alaska Gasline Inducement Act (AGIA). |
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| Dr. Neri is currently managing the firm’s analytical efforts in
conjunction with a major litigation support assignment dealing with natural
gas and liquids market values. |
| Dr. Neri manages due diligence studies on fuel and transportation
arrangements for Independent Power Projects (IPP) and Cogeneration Plants for
major lenders. |
7/88-2/00 SENIOR VICE PRESIDENT, Brown, Williams, Scarbrough & Quinn, Inc.,
Washington, D.C.
| Prepared, filed and delivered expert testimony on market power, cost
allocation and rate design, cost of capital, capital structure, and sales
forecast in 22 proceedings before federal and state regulatory agencies. |
| Market power testimony filed before the FERC on behalf of KN Interstate
Pipeline. |
| Market power testimony filed before the FERC on behalf of Kaneb Pipeline. |
| Directed the preparation of energy market, market power, and price
competition studies to assist clients in merger and acquisition decisions
relating to natural gas storage projects. |
| Prepared for natural gas and electric utilities critical evaluations of
incentive rate proposals including market-based rates, price cap regulation
and performance-based rates. |
| Prepared cost allocation and rate design studies to provide timely support
to clients engaged in settlement negotiations in pipeline and utility rate
proceedings. |
| Developed a levelized cost-of-service model used in natural gas pipeline
certificate filings before the FERC. |
| Lectured at an International Atomic Energy Agency Workshop in Zagreb,
Croatia, on fuel and energy issues related to power project financing. |
5/87-7/88 SENIOR ECONOMIST, J.W. Wilson Associates, Inc., Washington, D.C.
| Prepared test period sales forecasts and presented expert testimony before
various state regulatory agencies in LDC rate proceedings. |
| Provide economic analytical support related to the Columbia Gas
Transmission bankruptcy proceeding. |
12/86-4/87 PROJECT MANAGER, Benjamin Schlesinger and Associates, LLC (BSA),
Bethesda, Maryland.
| Dr. Neri served as a project manager with BSA focusing efforts on economic
analysis related to energy markets and mergers and acquisitions. |
7/78-11/87 SENIOR VICE PRESIDENT, H. Zinder & Associates, Inc., Washington,
D.C.
| Directed strategic analysis of gas transportation and market opportunities
on behalf of major natural gas production companies. |
| Directed an econometric demand elasticity study for the New York Gas Group
(NYGAS) based upon household cross-section data, company sales, and rate
schedules for 13 gas distribution companies. |
| Prepared for Canadian and mid-Atlantic gas distributors econometric demand
elasticity studies using household survey data. |
| Directed the construction of econometric load forecast models for LDCs in
the New England, mid-Atlantic, mid-west and southwest areas. |
| Developed load forecasting models for interstate pipeline companies
serving markets in the mid-west and mid-Atlantic regions. |
| Directed studies on U.S. market opportunities prepared for two major
European oil and gas production companies. |
7/74-6/78 INDUSTRY ECONOMIST, Office of Oil and Gas Analysis, Gas, Department
of Energy, Washington, D.C.
| Responsible for the operation and critical evaluation of large-scale
natural gas supply models such as the AGA-TERA model and the MIT Mac
Avoy-Pindyck Model. |
| Responsible for the preparation of consumer cost estimates for various
natural gas deregulation proposals. |
PROFESSIONAL AND CIVIC ACTIVITIES
Dr. Neri is an adjunct assistant professor at the University of Maryland
teaching courses in micro and macro economic theory and industry structure. Dr.
Neri has presented papers to groups, both academic and business, including the
American Gas Association TERA Advisory Committee, the Western Economic
Association, the Atlantic Economic Association, the Computer Simulation
Conference, the International Association of Energy Economists, the
International Gas Research Conference, the EPRI Fuel Supply Seminar, and
ORSA-TIMS Joint National Meetings. He has also been a lecturer at the American
Gas Association – Edison Electric Institute Utility Industry Budgeting and
Forecasting course, a speaker at the AGA price Elasticity and Demand Forecasting
Workshops in 1980, 1984, 1986, 1988, 1991 and 1992 and a lecturer at the
International Atomic Energy Agency Workshop on Project Financing in 1998. Dr.
Neri is a member of the American Economic Association and the Society of Utility
and Regulatory Financial Analysts.
PUBLICATIONS
Dr. Neri has authored and co-authored papers, articles, reports and other
published material in the American Economic Review, the Bell Journal of
Economics, Public Utilities Fornightly, Financial Review, Quarterly Review of
Economics and Business, and the A.G.A. Forecasting Review, and he has
contributed to the widely-used volume, A.G.A. Gas Rate Fundamentals.
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