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Mr. Zarakas is an expert in economic, financial, strategic, and regulatory analyses in the utility, telecommunications, and media industries.

Mr. Zarakas has extensive experience in analyzing the economics and regulation of utility infrastructure and the evolving factors that are affecting utility business models, including the impacts of fuel switching and distributed generation resources. He has worked on a wide range of projects concerning cost-benefit analyses relating to utility investments in distribution systems, including investments in smart grid, asset hardening, and enhancements to system resiliency. Mr. Zarakas also works on matters pertaining to the valuations of utility assets and businesses and the comparative analyses of utility operational and financial performances. He has examined the impacts of investment levels, operational performance, operating cost levels, and rates on utility equity prices and on customer satisfaction.

Mr. Zarakas has worked extensively on issues pertaining to telecommunications infrastructure and costs. He has led and directed projects involving spectrum valuation, investment feasibility, demand and market forecasting, and regulation of incumbents, among other areas, in the U.S., Europe, Asia, the Middle East, and Africa.

Mr. Zarakas has provided testimony and expert reports used in courts of law, arbitration panels, and in regulatory proceedings, and has led special investigations on behalf of corporate boards of directors and audits of management practices and operational and financial performance on behalf of regulatory commissions.

Testimony
Declaration of William P. Zarakas and Matthew Aharonian in the United States Court for the District of Columbia Circuit United States Telecom Association, Petitioner, v. Federal Communications Commission and the United States of America, Respondents, Case No. 15-1063 (and consolidated cases).
May 22, 2015
Supplemental Declaration: Analysis of the FCC’s Vertical Foreclosure and Nash Bargaining Models Applied To The Proposed Comcast-Time Warner Cable Transaction in Application of Comcast Corporation, General Electric Company and NBC Universal, Inc. for Comcast to Assign or Transfer Control of Licenses, Federal Communications Commission, MB Docket No. 10-56.
March 5, 2015
Analysis of the FCC’s Vertical Foreclosure and Nash Bargaining Models Applied To The Proposed Comcast-Time Warner Cable Transaction
December 21, 2014
Before the New Mexico Public Regulatory Commission, In The Matter Of The Application of TECO Energy, Inc., New Mexico Gas Company, Inc. and Continental Energy Systems, LLC, For Approval of TECO Energy Inc.’s Acquisition of New Mexico Gas Intermediate, Inc. and For All Other Approvals and Authorizations Required To Consummate and Implement The Acquisition, Utility Case No. 13-00231-UT, On Behalf of TECO Energy, Inc., New Mexico Gas Company, Inc. and Continental Energy Systems, LLC, Joint Applicants.
March 10, 2014
Analysis of Benefits: PSE&G’s Energy Strong Program, by Peter Fox-Penner and William P. Zarakas. In the Matter of the Petition of Public Service Electric and Gas Company for Approval of the Energy Strong Program, NJ BPU Docket No. EO13020155 and GO13020156.
October 7, 2013
Review and Analysis of Service Quality Plan Structure. Investigation Regarding Service Quality Guidelines For Electric Distribution Companies and Local Gas Distribution Companies, Massachusetts Department of Public Utilities D.P.U. 12-120. Philip Q Hanser, David E. M. Sappington, William P. Zarakas.
March 2013
Alaska Mobile Broadband Cost Model, Before The Federal Communications Commission In The Matter Of Connect America Fund and Universal Service Reform – Mobility Fund. WC Docket No. 10-90 and WT Docket No. 10-208A
February 2013
Before the Copyright Royalty Judges In the Matter of Distribution of the 2004 and 2005 Cable Royalty Funds, Docket. No. 2007-3 CRD CD 2004-2005. Testimony of William P. Zarakas.
June 1, 2009
Publications
Article
A New Face for PBR: Aligning Incentives in the Electric Utility Ecosystem
December 07, 2017
Published in the December 2017 issue of Public Utilities Fortnightly

This article discusses how the current menu of performance based regulation (PBR) mechanisms may need to be modified if they are to be used as tools to move utilities into a “Utility of the Future” (UoF) environment.

Presentation
DER Incentive Mechanisms as a Bridge to the Utility of the Future
December 14, 2016
Frank C. Graves, William P. Zarakas, and Heidi Bishop
Presented at SNL Knowledge Center’s Energy Utility Regulation Conference: Strategies for Profit and Reliability
The presentation discusses how technology, updated energy storage, and rooftop solar are forcing utilities to re-examine existing pricing methods. It also examines alternatives rate making methods, special pricing structures and various incentives from the utility, regulator, and customer point of view.
Article
Growth Prospects and Shifting Electric Utility Business Models: Retail, Wholesale and Telecom Markets
July 01, 2015
Published in The Electricity Journal
Presentation
Do We Need a New Way to Regulate Electric Utilities?
May 06, 2015
Presented at the 2015 Energy Bar Association Annual Meeting
Report
Targeted Performance Incentives: Recommendations to the Hawaiian Electric Companies
September 15, 2014
Prepared for the Hawaiian Electric Companies
Presentation
Investing In Electric Reliability and Resiliency
July 15, 2014
Presented at the NARUC 2014 Summer Meeting - Joint Electricity and Critical Infrastructure Committees, Dallas, TX
Article
Utility Investments in Resiliency: Balancing Benefits with Cost in an Uncertain Environment
June 2014
William P. Zarakas, Sanem Sergici, Heidi Bishop, Jake Zahniser-Word, and Peter S. Fox-Penner
Published in The Electricity Journal, Volume 27, Issue 5
Presentation
Electric Reliability, Resiliency, Rates and Region
October 07, 2013
Presented at the Edison Electric Institute Transmission, Distribution, and Metering Conference, Charleston, SC
Article
Infrastructure and Competition in the Electric Delivery System
September 2013
Published in The Electricity Journal, Volume 26, Issue 7
Article
Low Tech Resilience
September 2013
Published in Fortnightly Magazine
Presentation
Finding the Balance Between Reliability and Cost: How Much Risk Should Consumers Bear?
June 03, 2013
Presented at the Western Conference of Public Service Commissioners, Santa Fe, NM
Presentation
The Utility of the Future: Distributed or Not?
April 30, 2013
Presented at Advanced Energy 2013, New York, NY
Article
Rates, Reliability, and Region
January 2013
Published in Public Utilities Fortnightly
Report
Approaches to Setting Electric Distribution Reliability Standards and Outcomes
January 2012
Published by The Brattle Group, Inc.
Report
Analysis of Strategic Organizational Options for the Long Island Power Authority
October 2011
William P. Zarakas, Frank C. Graves, and Michael J. Beck
Prepared for The Long Island Power Authority
Presentation
Measuring Concentration in Radio Spectrum License Holdings
August 15, 2009
Presented at TPRC 2009
Report
Structural Simulation of Facility Sharing: Unbundling Policies and Investment Strategy in Local Exchange Markets
July 15, 2005
William P. Zarakas, Glenn A. Woroch, Lisa V. Wood, Daniel L. McFadden, Nauman Ilias, and Paul C. Liu
Published by The Brattle Group, Inc. and the University of California, Berkeley
Report
Letter to the Honorable Joe Barton, Chairman, Committee on Energy and Commerce, US House of Representatives, estimating how much revenue the US Treasury would receive if the Federal Communications Commission auctioned 60 MHz of spectrum in the 700 MHz (TV) band that the FCC has allocated for commercial use
May 18, 2005
Dorothy Robyn and William P. Zarakas
Published by The Brattle Group, Inc.
Article
Betting Against the Odds? Why broadband over power line (BPL) can't stand alone as a high-speed Internet offering
April 2005
William P. Zarakas, Kenneth J. Martinian, and Philip Q Hanser
Published in Public Utilities Fortnightly
Article
Wholesale Pricing and Local Exchange Competition
January 2004
Published by The Brattle Group, Inc.
Report
Regulatory Performance Measurement Plans and the Development of Competitive Local Exchange Telecommunications Markets
November 2003
David E. M. Sappington, Glenn A. Woroch, Lisa V. Wood, and William P. Zarakas
Published by The Brattle Group, Inc.
Presentation
FCC Pole Attachment Rates: Rebutting Some of the Presumptions
March 2003
Lisa V. Wood and William P. Zarakas
Published by The Brattle Group, Inc.
Presentation
Utilicoms in the U.S. Market: Outside of the Telecom Bubble
March 2002
Published by The Brattle Group, Inc.
News & Events
December 07, 2017
William Zarakas Discusses Performance Based Regulation in Public Utilities Fortnightly Article

Brattle Principal William Zarakas has authored an article published in the December 2017 issue of Public Utilities Fortnightly (PUF) that discusses how the current menu of performance based regulation (PBR) mechanisms may need to be modified if they are to be used as tools to move utilities into a “Utility of the Future” (UoF) environment.

October 24, 2017
William Zarakas Discusses the Utility Platform Business Model in Electricity Journal Article

Brattle Principal William Zarakas has authored an article published in The Electricity Journal that discusses how the evolving utility business will be defined by the shape and structure of services and transactions taking place over the utility platform.

June 29, 2017
Brattle’s Retail Energy Practice Analyzes Potential Response to the “Utility of the Future” in New Briefing Series

Brattle's Retail Energy Practice is producing a series of briefs that provide an integrated view into potential utility responses to the challenges and trends associated with the “Utility of the Future” (UoF).

December 14, 2016
Frank Graves to Present at SNL Energy Utility Regulation Conference

Brattle Principal Frank Graves will present at SNL Knowledge Center’s Energy Utility Regulation Conference: Strategies for Profit and Reliability, taking place December 14-15, 2016 in Washington, DC.

November 19, 2015
William Zarakas to Present on Climate Resilience Investment at U.S. Department of Energy Conference

Brattle principal William Zarakas will present at the U.S. Department of Energy’s (DOE) Conference, “Partnership for Energy Sector Climate Resilience,” taking place November 19, 2015 in Washington, DC.

July 01, 2015
William Zarakas Authors Article on the Shift in Utility Business Models for The Electricity Journal

Brattle principal William Zarakas has authored the article, “Growth Prospects and Shifting Electric Utility Business Models: Retail, Wholesale and Telecom Markets,” appearing in the June 2015 issue of The Electricity Journal.

June 02, 2015
William Zarakas to Present at New England Economic Partnership Conference on Energy Efficiency in the 21st Century

Brattle principal William Zarakas will present at the New England Economic Partnership (NEEP) Conference, co-hosted by the Brandeis International Business School and the Massachusetts Business Roundtable, taking place at the Federal Reserve Bank of Boston on June 2, 2015.

May 14, 2015
Brattle Experts Assist in Securing Favorable Outcome for Client in Nortel’s Bankruptcy Allocation Trial

A decision reached by the Courts' regarding the allocation of Nortel's $7.3 billion liquidation proceeds relied heavily on the findings by Brattle experts.

May 13, 2015
Bill Zarakas to Present at EUCI Annual Conference on Utility Integrated Resource Planning

Brattle principal Bill Zarakas has been selected to present at EUCI’s 15th Annual Utility Integrating Resource Planning (IRP) conference, taking place May 14-15, 2015 in Atlanta, GA.

May 06, 2015
William Zarakas to Present on the Regulation of Electric Utilities at Energy Bar Association Annual Meeting

Brattle principal William Zarakas will speak on the regulation of electric utilities at the Energy Bar Association’s (EBA) Annual Conference, taking place May 5-6, 2015 in Washington, DC.

March 04, 2015
William Zarakas to Present in Utility Markets Today Webinar on the Future of the Smart Grid

Brattle principal William Zarakas will present in the upcoming Utility Markets Today webinar, “What is the Future of the Grid?” taking place March 4, 2015 from 2-3:30 pm EST.

August 08, 2014
Brattle Consultants Provide Expert Testimony and Litigation Support in Recently-Concluded Nortel Bankruptcy Proceedings

The Brattle Group was retained by counsel for the UK Pension claimants to opine on allocation and claims issues in Nortel’s bankruptcy proceedings. Brattle experts sponsored and supported two testifying experts in recently-concluded trials.

July 13, 2014
William Zarakas to Present at the 2014 Summer Meeting of the National Association of Regulatory Utility Commissioners

William Zarakas has been selected to participate in a panel discussion at the upcoming Summer Committee Meetings of the National Association of Regulatory Utility Commissioners (NARUC), taking place on July 13-16, 2014 in Dallas, TX.