Turner Wetmore Collins, LLC

Expert Advice

Makes All The Difference

Turner Wetmore Collins, LLC has advised energy transportation companies on ratemaking, regulatory policy, accounting, and contract interpretation issues for more than twenty years . We use proven methodologies, a disciplined project management style, and well thought-out and creative approaches to provide our clients with the highest quality, most cost-effective results. We provide assistance in the following areas:

Caption

Expert Witness Testimony

Participating in a regulatory proceeding can be a daunting task. We have been involved in multiple cases and settlement discussions, and understand the complexities and nuances of regulatory proceedings. Specific services include:

Expert witness testimony and support for rate cases
Analytical and decision-making support
Evaluation of potential risk exposure
Financial and accounting due diligence
Contract interpretation

Caption

Accounting Policy Review and Development

Complying with accounting regulations and record keeping requirements is a complex and time consuming process. We work with our clients to develop accounting policies that are objective, supportable, and manageable over time. Specific services include:

Review of record keeping capabilities
Review of property accounting policies and records
Cost allocation studies
Depreciation studies
FERC Form No. 6 assistance

Caption

Project Finance and Economics

The evaluation of various pipeline investment alternatives requires rigorous analysis and a thorough understanding of the unique pipeline regulatory environment. We provide support from early discussions through negotiations and closing. Specific services include:

Evaluation of potential investments or acquisitions
Financial due diligence
Valuation
Evaluation of financing alternatives

Caption

Cost-of-Service Analysis and Rate Design

We assist liquid pipeline companies with the development of their cost-of-service regulatory filings and other ratemaking matters. Specific services include:

Support for establishing cost-of-service tariff rates and tolls
Development of strategies for rate design
FERC Form No. 6—including Page 700—assistance and development
Identification of records needed for rate calculation and workpaper presentation
Seminars on rate regulation and cost of service
Cost of capital

Turner Wetmore Collins, LLC

Experts in ratemaking, financial, accounting, and economic matters for the energy transportation industry.

Expert Witness Testimony

Cost-of-Service Ratemaking

Regulatory Accounting

Regulatory Policy

Makes All The Difference

Expert Witness Testimony

Accounting Policy Review and Development

Project Finance and Economics

Cost-of-Service Analysis and Rate Design