1. ERIC T. ACKERMAN
3677 N. Harrison St.
Arlington, VA 22207
(home) 703/536-9568
(office) 202/508-5528
FOCUS
An accomplished leader/manager. Articulate, with an extensive knowledge of the electric utility
industry, both in terms of utility operations, and utility leaders. In general, knowledgeable about all
aspects of generation, transmission and distribution. In particular, an expert on business and
regulatory policy issues associated with grid modernization, the growth of distributed energy at scale,
and the changing role of utilities in the market. A creative problem-solver who seeks new
opportunities for growth in the public service of our nation.
EXPERIENCE
Edison Electric Institute...(1985 - present)
• Director, Alternative Regulation (2/10 – present)
Chief strategist for retail energy delivery, providing national leadership on issues involving
adaptive business strategy, alternative regulation, and cost of capital.
Key member of EEI’s Evolving Distribution Grid team, providing leadership on policy issues
associated with grid modernization and the development of distributed energy resources at
scale (e.g., rate reform, new market rules, regulatory models that allow increased pricing
flexibility, new resource planning and approval procedures that mitigate regulatory risk
associated with grid modernization investments, next-generation performance based
regulatory incentives).
o Wrote major portions of EEI’s QER comments addressing distribution-level issues.
o Providing input to the development of EEI’s roadmap to the integrated grid.
Leading the Alternative Regulation Working Group, composed of member executives
responsible for adaptive business strategy. The Group’s mission is to identify and promote
regulatory innovations needed to enable the utility of the future. Research projects which I
designed, and am managing; and in some cases, for which I acquired budgetary and other
resource, include the following:
o Regulatory Innovations to Enable The Utility of the Future, a white paper I wrote as
a vehicle for building consensus among EEI members.
o Research into regulatory models/precedent that provide increased pricing flexibility
for utilities whose markets are becoming more competitive.
o Research into the design of next-generation performance based regulatory (PBR)
incentives.
o A collaborative project co-sponsored with the World Resources Institute and the
World Wildlife Federation to reduce regulatory barriers to the sale of “green” energy
by EEI members to corporate buyers. I designed the approach to developing new
renewable energy products and business transactions.
o A research project that is engaging members involved in the development of
microgrids to understand regulatory policy issues and focus strategies for expanding
related business opportunities.
2. Directing the Institute’s advocacy campaign for the development of new regulatory
frameworks to address the problems caused by rapid infrastructure investment in the face of
declining sales growth.
o Produced a monograph, Cost of Service Regulation In the Investor-Owned Electric
Utility Industry: A History of Adaptation, which demonstrates that policy makers
have been evolving new regulatory frameworks at least since the oil shocks of the
1970s.
Lead the Cost of Capital Working Group composed of member company cost of capital
experts. The Group’s mission was to advance the state of the art of cost of capital regulation.
o Produced a white paper, Survey of Equity Capital Methods, that describes eight
methods for estimated the market-required cost of equity for investor-owned electric
utilities.
o Organized and lead a member-funded research project to develop a true multi-factor
model for estimating electric utility cost of equity.
Generic skills and experience including the following:
o Industry contacts – Extensive contacts within the investor-owned electric utility
industry, including contacts within the American Public Power Association and the
National Rural Electric Cooperative Association;
o Thought leadership – Engaged with state of the art thinkers about business and
regulatory issues associated with grid modernization and the development of
distributed energy resources at scale;
o Financial analysis – Interpreting financial statements to understand the financial
health of utilities and other organizations;
o Contract negotiation and management – Defining work to be done, developing a
work breakdown structure and deliverables that can be used to manage budget and
schedule performance, and negotiating a realistic/reasonable price;
o Technical writing – Assembling research reports, policy white papers, advocacy
monographs, regulatory comments, program proposals, etc. that communicate
efficiently and effectively – taking account of the intended audience;
o Public Speaking – Speaking effectively to communicate complex technical issues to
public audiences;
o Outreach and advocacy – Developing regulatory comments, giving presentations to
regulatory audiences, organizing training for regulatory audiences, developing and
maintaining contacts among regulatory staff and commissioners;
o Personnel management – Developing and maintaining productive relationships with
colleagues, building and leading teams, administering employee performance reviews.
• Senior Manager, Regulatory Policy (2/01 – 2/10):
• Manager, Regulatory Policy (10/88 - 2/01):
• Acting Director, Rate Regulation Department. (6/88 - 9/88)
• Manager, Analysis Section, Rate Regulation Department. (12/85 - 5/88)
Micro Learning Digest…(1983-1985)
• Publisher:
Covering technical and business developments involving computer-based instructional
delivery.
3. The World Bank...(1982)
• Summer intern:
Developed an energy assessment of sub-Saharan Africa, accomplished during a summer
internship while in graduate school.
The MITRE Corporation...(1978-1981)
• Member of the technical staff:
Participated in technology assessment projects involving renewable and coal-based synthetic
fuel technologies;
Helped the U.S. Department of Energy, Assistant Secretary for Fossil Energy develop R&D
program plans;
Participated in projects evaluating the energy economies of developing nations and identified
opportunities for the U.S. Agency for International Development to integrate energy sector
support into ongoing programs and activities.
American Gas Association...(1976-1978)
• Member of the public relations staff
Speech writing, congressional relations, press relations
Energy Digest...(1974-1976)
• Managing editor
Conceived, researched, and wrote articles describing developments in energy technology and
energy and environmental policy.
EDUCATION
• MBA (Finance and Investments) George Washington University, Washington, D.C., 1983. (With
honors – see Beta Gamma Sigma Society, below.)
• BA (History), Tufts University, Medford, MA, 1973 (Deans List)
4. SPECIAL AWARDS AND ACHIEVEMENTS1
• EEI Officers Award, Edison Electric Institute, December, 1997; February, 2000; February 2005;
2011
• President's Service Excellence Award, Edison Electric Institute, June 1994
• Electric Rate Fundamentals Course, Indiana University, 1986
• Beta Gamma Sigma Society member, 1983 (A business school honors society; membership by
invitation only, on the basis of class standing)
• Graduate Teaching Assistant Fellow, George Washington University, 1981-82
• Summer Intern, Energy Division, World Bank, 1982. Prepared a regional energy assessment of
Sub-Saharan Africa.
1 References available upon request