Vice President - Expert Witness, Utility Return Equity & Cost of Capital

Vice President - Expert Witness, Utility Return on Equity & Cost of Capital

Concentric Energy Advisors (“Concentric”) is an employee-owned management consulting and financial advisory firm serving the North American energy and utility industries. Since 2002, Concentric has built a national reputation for excellence in rate making and utility regulation, litigation support, market strategy, and financial advisory services
, working with investor-owned utilities, regulators, and other industry participants on complex, high-stakes matters.

Headquartered in Marlborough, MA
, with offices in Washington, DC and Calgary
, Concentric combines deep technical expertise with a collaborative, ownership-driven culture.

The Opportunity

We are seeking a Vice President, Utility Return on Equity & Cost of Capital Expert Witness to lead complex utility consulting engagements. This role is designed for an experienced professional who has personally led Return on Equity or Cost of Capital analyses, defended positions in contested proceedings, and provided expert testimony before state regulators, FERC, or other agencies.

This is a visible, client-facing leadership role, shaping regulatory strategy, leading engagements, and serving as a trusted advisor to senior utility leadership and legal counsel.

* This is a hybrid role, with three days per week in-office in our Marlborough, MA location and two days per week working remotely.*

What You Will Do

As a Vice President, you will own outcomes and credibility across the full lifecycle of regulatory and litigation-support engagements, including:

Return on Equity & Cost-of-Capital Practice Area Leadership

• Lead and review cost-of-capital and return on equity analyses for electric transmission and/or natural gas pipeline clients.
• Advise clients on rate filings, compliance filings, settlements, and contested proceedings before various agencies and commissions.

Expert Testimony & Prudence Matters

• Serve as lead or sponsoring expert witness in ROE and Cost of Capital proceedings, including preparation and defense of written testimony, exhibits, work papers, and discovery responses.
• Provide expert analysis and testimony.
• Support litigation strategy in close coordination with internal teams, external counsel, and client leadership.
• Participate in hearings, settlement negotiations, and technical conferences.
• Lead multi-disciplinary consulting teams and manage complex engagements from scoping through final deliverables.
• Act as a senior advisor to utility executives on various topics.
• Contribute to business development opportunities by leveraging professional relationships, regulatory credibility, and expert reputation.
• Help shape and evolve Concentric’s ROE and Cost of Capital offerings, including mentoring junior staff and strengthening analytical standards.

What Success Looks Like

Successful candidates in this role are known for:

• Clear, defensible analysis that stands up under cross-examination.
• The judgment to balance technical rigor with regulatory strategy.
• The ability to translate complex concepts for senior decision-makers.
• A reputation for integrity, credibility, and professionalism with regulators, clients, and peers.

Ideal Candidate Profile

Required Experience

• 15+ years of experience in FERC rate making and regulatory matters, gained through:
  • Consulting,
  • An investor-owned utility,
  • A regulatory agency (including former FERC or state commissions staff), and/or
  • A Big 4 or similar professional services firm.
• Demonstrated experience leading ROE and Cost of Capital analyses for electric transmission and/or natural gas pipelines.
• Direct experience serving as an expert witness or sponsoring testimony in proceedings.
• Strong written and oral communication skills, with experience presenting complex positions to regulators, attorneys, and senior executives.

Education

• Bachelor’s degree required (Economics, Finance, Accounting, Mathematics, or similar preferred).
• Master’s degree, MBA, or PhD strongly preferred.

Additional Expectations

• Ability to operate independently while collaborating effectively in team environments.
• Strong attention to detail, organization, and professional judgment.
• Willingness to travel for hearings,…