Lawrence Kaufmann

Lawrence R. Kaufmann is a Senior Advisor to Navigant Consulting, Pacific Economics Group, and Pacific Economics Group Research LLC. He develops and undertakes supporting empirical research on performance-based regulation (PBR) and competitive market reforms for energy utilities. He has worked with many leading utilities in North America on these issues and has spearheaded PEG Research's overseas practice. Dr. Kaufmann has been particularly active in Australia, where he has advised energy utilities or regulatory commissions in five of the six Australian states on a variety of topics. His specialties include PBR plan design, statistical benchmarking, estimating total factor productivity, and incentive regulation theory. He is also a specialist and expert witness on service quality issues. He is an advisor to Ontario Energy Board staff on issues of alternative regulation and benchmarking. Dr. Kaufmann is an author of two dozen publications and has provided expert witness testimony more than 35 times. He holds a Ph.D. in Economics from the University of Wisconsin, and before joining PEG, he was a Senior Economist at Christensen Associates. He has also worked as an international economist for a large commercial bank and as an economist at the Credit Union National Association.

Kaufmann was born and raised in St. Louis, Missouri and graduated in 1980 from St. Louis University High School. He holds a BA in Economics with honors (Class of '83) and a MA in Economics (Class of '84) from the University of Missouri.

Publications on utility regulation

Alternative regulation

• Kaufmann, Lawrence. "Regulatory Reform in Ontario: Successes, Shortcomings, and Unfinished Business" Public Utilities Fortnightly, November 2009.
• Kaufmann, Lawrence. "Incentive Regulation in North American Energy Markets" Energy Law and Policy, Carswell Publishing, Toronto, Canada, 2009.
• Kaufmann, Lawrence. "Performance Indicators and Price Monitoring: Assessing Market Power," Network, March 2007.
• Kaufmann, Lawrence, and Mark N. Lowry. “Alternative Regulation for North American Electric Utilities." 2006. The Electricity Journal 19 (5): 15-26.
• Kaufmann, Lawrence. "Incentive Power and the Design of Regulatory Regimes," Network, December 2005.
• Kaufmann, Lawrence and Mark N. Lowry. "Performance-Based Regulation Developments for Gas Utilities". Natural Gas and Electricity, April 2004.
• Kaufmann, Lawrence and Mark N. Lowry. "Performance-Based Regulation and Energy Utility Business Strategy". Natural Gas and Electric Power Industries Analysis 2003. Houston: Financial Communications.
• Kaufmann, Lawrence and Mark N. Lowry. "Performance-Based Regulation and Business Strategy". Natural Gas and Electricity, February 2003.
• Kaufmann, Lawrence and Mark N. Lowry and L. Getachew. "Price Control Regulation in North America: Role of Indexing and Benchmarking," Proceedings of Market Design Conference, Stockholm, Sweden, 2003.
• Kaufmann, Lawrence. Third Party Metering, Billing and Information Services: Further Evidence from California, Edison Electric Institute, 2000.
• Kaufmann, Lawrence. Competition for Metering, Billing and Informational Services: The Experience in California So Far, Edison Electric Institute, 1999.
• Kaufmann, Lawrence and Mark N. Lowry. "Price Cap Regulation for Power Distribution". Washington: Edison Electric Institute, 1998.
• Kaufmann, Lawrence. "The Branding Benefit", Electric Perspectives, November 1997.
• Kaufmann, Lawrence. "A Theoretical Model of Spillovers Through Labor Recruitment", International Economic Journal, Autumn 1997.
• Kaufmann, Lawrence and Lawrence Kirsch. Developing Unbundled Electric Power Service Offerings: Case Studies of Methods and Issues, Washington: Edison Electric Institute, 1996.
• Kaufmann, Lawrence and Mark N. Lowry. "Performance-Based Regulation of U.S. Electric Utilities: The State of the Art and Directions for Further Research". Palo Alto: Electric Power Research Institute, December 1995.
• Kaufmann, Lawrence and Mark N. Lowry. "The Treatment of the Z Factors in Price Cap Plans". Applied Economics Letters 2, 1995.
• Kaufmann, Lawrence and Mark N. Lowry. "A Price Cap Designers Handbook". Washington: Edison Electric Institute, 1995.
• Lowry, Mark N. and Lawrence Kaufmann. "Performance-Based Regulation for Energy Utilities". Energy Law Journal, Fall 2002.
• Lowry, Mark N., Lawrence Kaufmann and Eric Ackerman. "Price Caps for Distribution Service: Do They Make Sense?". Edison Times, 1999.
• Lowry, Mark N. and Lawrence Kaufmann. "Forecasting the Productivity Growth of Natural Gas Distributors". AGA Forecasting Review, Vol 5, March 1996.

Code of conduct

• Kaufmann, Lawrence and Mark N. Lowry. "The Cost Structure of Power Distribution with Implications for Public Policy". Washington: Edison Electric Institute, 1999.
• Kaufmann, Lawrence and Mark N. Lowry. "Controlling for Cross-Subsidization in Electric Utility Regulation". Washington: Edison Electric Institute, 1998.
• Kaufmann, Lawrence and Mark N. Lowry. "Branding Electric Utility Products: Analysis and Experience in Regulated Industries". Washington: Edison Electric Institute, 1997.

References

• "Performance-Based Regulation of Utilities" (PDF). Energy Law Journal. Retrieved 6 September 2012.
• "Calibrating Rate Indexing Mechanisms" (PDF). Ontario Energy Board. Retrieved 6 September 2012.
• "Senior Personnel-Pacific Economics Group". Pacific Economics Group Research. Retrieved 16 August 2012.
• "Publications". Pacific Economics Group Research LLC. Retrieved 21 August 2012.

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