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About Us
MCR Team
Frank Craig, President and CEO
Tom Crooks, Vice President
Cindy Menhorn, Vice President
Ron Kennedy, Vice President
Tim Schlimpert, Vice President
Dave Thompson, Vice President
Sam Brothwell, Vice President
Mike Murphy, Vice President
Melanie Gillette, Director
Ed Schmidt, Director
Jacob Hannan, Manager
Patrick McDermott, Manager
Dan Rupp, Manager
Richard Milward, Lead Consultant
Ian MacDougall, Consultant
Careers
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Application Information
Strategy Consultants
Rates and Regulatory Consultants
EE System Administrator
EE Beneficial Electrification Consultant/Analyst
Transmission Strategy Consultants
Nuclear Energy Consultants
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Utility Cost Management—A Strategic Approach
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Debt Management System (brochure)
FRST Webinar
MCR Online Demonstrations
FRST® Software Demo
Strategic and Financial Advisory
What we do
Insights
Cutting Carbon and Adding Renewables May Not Win ESG Points
Now for the Hard Part – Growing Your Utility without the Triple Two’s (white paper)
Stove wars—is natural gas part of the problem or part of the solution? (white paper)
The fallout from the SVB event and how utility financial professionals should respond (Point-of-View)
Utility Cost Management—A Strategic Approach
Utility Headwinds Call for Smart Cost Management
Client Stories
Financial Planning and Analysis
What We Do
Insights
Financial and Regulatory Strategy Tool
Developing Robust Business Cases. A Proven Approach to Optimize G&T Capital Budgets in a Tight Credit Market (white paper)
Cooperatives Gaining Substantial Benefits for Renewable Investments
Capitalization Policy and Units of Property Integration (case study)
Debt Management System: Specifically Designed for Managing Electric Cooperative Debt (brochure)
Utility Financial Modeling: Spreadsheets Can Deliver Results (point of view)
Client Stories
Improving an investor owned utility’s financial planning and risk analysis capabilities with FRST
Enabling Georgia Transmission Corporation to develop better long range plans and forecast short-term liquidity with FRST
Helping Southern Minnesota Municipal Power Agency improve financial planning processes and better manage funding and reserves using FRST
Enabling a G&T utility to save millions and maintain its credit rating with an optimal environmental capital plan for its large coal units
Helping an investor owned utility develop strategies to address the opportunities and threats of distributed generation
Financial processes and systems: Custom power billing for Buckeye Power
Financial processes and systems: Integrating capitalization policies and units of property for a large utility merger
Enhancing a distribution cooperative’s financial forecasting capabilities with FRST
Developing a regulatory strategy capability for an IOU
Updating FRST™ with new regulatory strategy capabilities
Building a detailed rate forecast for a G&T with multiple rate classes
Helping a multi-district water utility calculate revenue requirements through implementation of an integrated regulatory analysis system
Energy Efficiency
What We Do
Insights
Energy Efficiency: Today’s Silver Bullet For Gas Utilities
Benefical Electrification: A Smart Strategy Makes the Difference
Is your EV strategy ready – yet?
Life After Lighting: How Utilities Should Retool Their Energy Efficiency Portfolios (white paper)
Pilots for the Changing World of Energy Efficiency (thought piece)
Environmental Advocates Have Proposed a Sweeping New Approach to Regulating Utility Capital Investments and Earnings (News Alert)
Optimizing Program EM&V Results at Duquesne Light Company (case study)
Energy Efficiency Program Management and Reporting Systems (white paper)
Case Study: Cost-Effectiveness Analysis for EV Programs
Modern Electric Vehicle Rate Design Options
Point of View: Gas Energy Efficiency for Strategic Load Growth & Retention
Client Stories
Helping Duquesne Light partner with key customers to achieve significant energy savings through retro-commissioning programs
Helping an energy efficiency program continue successfully during COVID
Helping Duquesne Light Company train middle and high school students to become energy auditors who develop energy conservation measures in their own schools
Helping Duquesne Light Company serve the low income market by facilitating multifamily passive house projects
Forecasting electric vehicles and photovoltaic systems for Indianapolis Power & Light’s Integrated Resource Plan
Helping a mid-size utility client deeply understand its low-income and government, non-profit and institutional markets
Helping a vertically integrated utility develop a strategy and roadmap to engaging stakeholders in a new regulatory framework that closely aligned integrated resource planning and energy efficiency
Helping Duquesne Light Company design and implement energy efficiency programs to meet its Pennsylvania Act 129 obligations over three multi-year phases
Developing an energy efficiency KPI reporting process
Conducting a nationwide market scan to help a small gas utility chart a course for development of its first EE plan
Upgrading Duquesne Light Company’s energy efficiency program tracking system
Upgrading Duquesne Light Company’s low income energy efficiency program tracking system
Regulatory Services
What We Do
Insights
Lessons Learned from the Rate Case Process
Cost of Service Tool (brochure)
Top 5 Features a Cost of Service Model Must Have (point of view)
Cost of Service Options
Is your EV strategy ready – yet?
Benefical Electrification: A Smart Strategy Makes the Difference
The Age of Alternative Ratemaking (paper)
Becoming a More Effective Witness Course (brochure)
Contemporary Ratemaking Course (brochure)
Five Key Strategic Considerations for the Utility Regulatory Process
Modern Electric Vehicle Rate Design Options
SECURITIZATION: A Valuable Tool for Cost Recovery Opportunities Outside a Normal Rate Case
Client Stories
Helping a natural gas utility in the Southeast achieve its rate adjustment goals and prepare its staff for work on future proceedings
Supporting Duquesne Light Company to design, file and implement energy efficiency programs to meet its Pennsylvania Act 129 obligations
Assisting an investor owned utility meet stipulation requirements for filing a future general rate case
Assisting an investor owned utility provide reasonable rate options to its industrial customers
Assisting Citizens Electric and Wellsboro Electric analyze their internal processes in preparation for customer choice in Pennsylvania for their customers
Helping Arizona Public Service Company implement MCR’s Cost of Service Tool to achieve greater cost transparency
Helping a multi-district water utility calculate revenue requirements through implementation of an integrated regulatory analysis system
Helping an investor-owned electric utility implement COST™ to achieve greater cost transparency
Helping a water conglomerate utilize COST™ to achieve budget forecasts in multiple territories
Helping a large gas utility implement COST™ to allow in-house development of cost of service and rate design
How MCR Helped a Southern IOU Develop a Green Energy Tariff as Part of Securing Renewable Load
Nuclear Generation
What We Do
Insights
With Criticality achieved, the Nuclear Industry is more important than ever
Cost Reduction through Risk-Informed Budgeting
Reconcile Safety & Reliability Cost
Capitalization Policy and Units of Property Integration (case study)
Reconcile Safety and Reliability with Cost: A Proven Approach to Optimize Project Spending at Nuclear Power Plants (white paper)
Are Nuclear Plants Capitalizing All of the Costs They’re Entitled To? (brochure)
Advanced Life Cycle Management Planning: Building Confidence in the Future (white paper)
Achieving Significant O&M Reduction with Risk Informed Budgeting (white paper)
Client Stories
Integrating capitalization policies and units of property for a nuclear fleet merger
Improving long range planning processes and systems for the operator of a large nuclear fleet
Determining and managing long-term costs and reliability with life cycle management plans for a nuclear operation in the south
Optimizing capital spending for a large nuclear fleet
Helping a large dual unit station achieve significant reductions in O&M costs
Updating a unit of property catalogue for a government utility
Achieving cost reduction through risk informed budgeting for a top-10 municipal utility
Undergoing cost reduction through risk informed budgeting for a large Southwest municipal utility
Helping a generation business unit optimize preventive maintenance projects during an outage
Achieving optimized funding through a value-based decision-making process
Transmission Strategy
What We Do
Insights
MCR Transmission Strategy Services (brochure)
GRE Transmission Incentive Order (Hot Topic)
MISO Transmission Rates in Joint Zones; Will the Transmission Rate Express Train Continue? (white paper)
Transmission Inflation (white paper)
The Four Reasons Why Battery Storage Will Gain Traction in MISO and SPP (white paper)
FERC Filing Support – Supporting Public Power and Cooperatives in Transmission FERC Filings (Brochure)
MCR Formula Rate Review (brochure)
Strategic Business Planning for Transmission Owners
MCR’s Review of Incumbent IOU Transmission Formula Rates (brochure)
MCR’s Cost and Rate Competitiveness Services (brochure)
The New Infrastructure Investment and Jobs Act (white paper)
The Seven Potential Threats to the Transmission Business. Is Transmission in MISO Still a Solid Business? (white paper)
The Seven Potential Threats to the Transmission Business: Is Transmission in SPP Still a Solid Business? (white paper)
No End in Sight: Can Transmission Investment in MISO Continue at this Pace? (white paper)
Transmission Spending in PJM: Are You Obtaining Your Share of Transmission Investment? (white paper)
Transmission Investing in SPP: Are You Obtaining Your Share of Transmission Investment? (white paper)
The Transmission Arms Race Continues: Are You Obtaining Your Share of Transmission Investment (white paper)
Running Transmission as a Business: How G&Ts Can Participate in Today’s Transmission Arms Race (white paper)
Going on the Offensive to Counter Dramatic Increases in Transmission Rates: Transmission Investing for Public Power and G&T Utilities (white paper)
Pulling the Transmission Trigger: Evaluating MISO Transmission Ownership for Municipal Agencies and G&Ts (white paper)
Cost Allocation for the Midwest ISO. ATRR Whac-a-Mole? (white paper)
MISO’s New Criteria for Market Efficiency Projects (white paper)
No Time To Waste In Filing for Transmission Rate Incentives
The New Tax Law: Will a Lower Tax Rate for IOUs Impact the Advantage Public Power and Cooperatives Have in Transmission Investing? (point of view)
Transmission Investment Analysis
Client Stories
Developing a transmission formula rate and protocols for a transmission developer (Transmission Formula Rate Analysis)
Developing a Strategic Business Plan for a Cooperative (Strategic Economic Analysis)
Conducting a review of a transmission formula rate (Transmission Formula Rate Analysis)
Conducting a review of the transmission formula rate of neighboring IOU (Transmission Formula Rate Analysis)
Conducting a review of the transmission formula rate of a nearby incumbent IOU (Transmission Formula Rate Analysis)
Developing a transmission formula rate template for a joint action agency (Transmission Formula Rate Analysis)
Conducting a transmission formula rate review and education of client staff for a joint action agency (Transmission Formula Rate Analysis)
Conducting a review of a transmission formula rate (Transmission Formula Rate Analysis)
Developing cost of capital expert testimony for joint action agency (FERC Filings)
Developing a Section 205 rate filing to change the formula rate template (FERC Filings)
Providing cost of capital expert testimony for a joint action agency (FERC Filings)
Developing transmission rate incentive filings at FERC for a joint action agency (FERC Filings)
Conducting a review of the transmission formula rate and developing a transmission revenue forecast (Strategic Economic Analysis)
Conducting an economic evaluation of an RTO membership (Strategic Economic Analysis)
Providing analysis and negotiation support for a municipal utility (Strategic Economic Analysis)
Developing a transmission business plan for a G&T Client (Strategic Economic Analysis)
Providing economic analysis of a proposed new transmission investment for a G&T cooperative (Strategic Economic Analysis)
Conducting a valuation of transmission capacity rights (Strategic Economic Analysis)
Quantifying economic benefits of joining an RTO as a transmission owner for a municipal utility (Strategic Economic Analysis)
Comparing transmission cost and rate competitiveness (Transmission Cost / Rate Competitiveness)
Analyzing the rate impact of joining an RTO (Transmission Cost/Rate Competitiveness)
Conducting a comparative capital investment analysis (Transmission Cost/Rate Competitiveness)
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