Experts Available to Discuss Utilities Consolidation and Mergers.ExpertSource: TOPIC: Oil companies, water companies and banks are expected to penetrate the utility sector if Congress repeals the Public Utility Holding Company Act Public Utility Holding Company Act The 1935 act that gives the SEC authority over the security issues, the accounting systems, the corporate structures, and the intercompany transactions of public utilities. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an article by The Wall Street Journal. The act prohibits utilities mergers in the same geographic area and only allows companies within the electric industry to own utilities in most cases. Experts say mergers offer hope to utility companies with slow growth in their local markets and a repeal The Annulment or abrogation of a previously existing statute by the enactment of a later law that revokes the former law. The revocation of the law can either be done through an express repeal would likely bring in billions of investment dollars to the utility sector. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Donald Hurd, president of Denver-based E3 Consulting, has nearly 25 years of experience in power sector finance, environment, permitting, operations, divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). and regulatory issues. Don can serve as an expert source for stories about energy production trends, mergers, renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. issues and trends, pipelines and windfarms, and business and economics intertwined with the energy sector. Brian Hicks Hicks , Edward 1780-1849. American painter of primitive works, notably The Peaceable Kingdom, of which nearly 100 versions exist. joined U.S. Global Investors in 2004 as a research analyst. As part of the portfolio management team for the Global Resources Equity Fund, Mr. Hicks is responsible for research coverage of the energy and utility sectors. Prior to joining U.S. Global Investors, he was an associate analyst for A.G. Edwards where he covered domestic oil and gas exploration and production companies, and was responsible for maintaining earnings and cash flow valuation models. In his eight years in investments, Mr. Hicks has developed an expertise on energy/natural resources sectors and large- and mid-cap equities. His specialties lie in exploration & production, and various U.S. investment sectors. John M. Quain, a shareholder in the Harrisburg office of Klett Rooney Lieber & Schorling, is chairman of the firm's Energy and Utility Law practice, a member of the International Business practice and serves on Klett Rooney's Board of Directors. Prior to joining Klett Rooney, Mr. Quain was Chairman of the Pennsylvania Public Utility Commission, having been named to that position by Governor Tom Ridge Thomas Joseph Ridge (born August 27 1945 near Pittsburgh, Pennsylvania) is an American politician who served as a member of the United States House of Representatives (1983–1995), Governor of Pennsylvania (1995–2001), Assistant to the President for Homeland Security in 1995. He began his tenure as a PUC (Public Utility Commission) A regulatory body in every state in the U.S. that governs public utilities within its jurisdiction such as electricity, gas, oil, sewer, water, transportation and telephone service. Some states call it the Public Service Commission (PSC). commissioner in 1993. Before his appointment to the PUC, Mr. Quain was a partner in the law firm of Tucker Arensburg, P.C. from 1986. He was a managing partner of the firm's Harrisburg office from 1990 to 1993 and also headed the Administrative Law/Governmental Relations practice group. Mr. Quain has served on both the National Advisory Council to the Gas Technology Institute and the National Advisory Committee to the Gas Industry Standards Board. He represented the Public Utility Commission as a Member of the Pennsylvania Emergency Management Council. From 1998-1999, he also served as President of the Mid-Atlantic Conference of Regulatory Utilities Commissioners. At the request of the Governor, Mr. Quain facilitated the development of consensus legislation in the electric and natural gas industries, which led to the introduction of customer choice and utility competition in Pennsylvania. He is well known both nationally and internationally for his role in the development and implementation of Pennsylvania's landmark "Electricity Generation Customer Choice and Competition Act." He also led the Commission during the restructuring of the retail telecommunications industry, which has gained national recognition for establishing comprehensive rules and regulations for local telephone competition throughout Pennsylvania. He has spoken extensively, both nationally and internationally, on energy, telecommunications and water issues. During his tenure, the Pennsylvania Commission hosted more than 90 international delegations and he has been invited to several countries to share the successful Pennsylvania experience. Mr. Quain has been called upon to testify To provide evidence as a witness, subject to an oath or affirmation, in order to establish a particular fact or set of facts. Court rules require witnesses to testify about the facts they know that are relevant to the determination of the outcome of the case. before the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Senate, the United States House of Representatives and the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. , as well as several state legislatures A state legislature may refer to a legislative branch or body of a political subdivision in a federal system. The following legislatures exist in the following political subdivisions: ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. Journalists seeking to interview any of these experts can obtain contact information by visiting http://www.businesswire.com/. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at the above web address. |
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