Earl M. Robinson, CDP Principal
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Earl M. Robinson, CDP Principal Mr. Robinson has over 40 years experience in the utility field and provides services relative to depreciation and cost-based valuation issues. He has testified before numerous regulatory agencies including state, federal, and property tax agencies throughout the U.S., Canada, and the Caribbean. He co-authored “An Introduction to Net Salvage of Public Utility Plant”. Additionally, Mr. Robinson has made presentations to indus- try organizations on the subject of depreciation studies, as well as depreciated replacement cost to property tax appraiser staffs. EXPERIENCE 1977 to Date wastewater utilities. In conjunction with the provi- sion of these services, Mr. Robinson has testified on AUS Consultants. Various positions - currently Prin- many occasions before numerous regulatory agen- cipal. Mr. Robinson prepares studies and coordinated cies (including state, federal, and property tax agen- analyses related to valuation, depreciation, original cies throughout the U.S., Canada, and the Caribbean in cost, trended original cost, cost of service, bill analy- support of the many studies completed for his diverse ses, as well as analyses of expenses, revenues and in- list of clients. In addition he has negotiated deprecia- come for various municipal and an extensive number tion rates with various state regulatory agencies, the of investor-owned electric, gas, water, wastewater, FCC Staff, and the FERC taff. Mr. Robinson has also and telecommunications utilities. participated in several FCC, state, company three-way depreciation re-prescription meetings. Studies prepared have required the review of compa- ny records, inspection of property, the preparation of With regard to valuation matters, Mr. Robinson has property inventories and original costs, preparation been involved with the development of cost indices and review of mortality studies, selection of proper from the earliest part of his career through the pres- service lives, life characteristics and analysis of sal- ent. During his earlier years, he assisted and/or devel- vage, and analysis of the capital recovery impact of oped and utilized cost indices to prepare reproduction changing depreciation methods. cost and related fair value determinations for various of the firms’ regulated utility clients. Subsequently, he During his many years of experience, Mr. Robinson attained extensive experience in preparing custom in- has been involved in and/or responsible for an exten- dices, replacement cost, and depreciated replacement sive quantity of comprehensive depreciation studies. cost studies, having been responsible for preparing Numerous early years’ depreciation studies were pre- many such cost studies relative to various clients pared manually without the convenience of computer within the telecommunications industry during the software systems. Subsequently, during the mid/late past twenty (20) plus year period. 1970’s, Mr. Robinson became responsible for the com- pletion of the many depreciation studies performed He is also responsible for developing and publishing for the firm’s clients. As part of that responsibility, the firm’s AUS Telephone Plant Index (successor to Mr. Robinson was involved in not only performing the the Handy Whitman and C A Turner Telephone Con- studies, but also in assisting AUS Consultants’ MIS struction Cost Index), a reproduction cost index sub- department in developing and testing various comput- scribed to by various operating companies, regulatory er depreciation models. The studies performed by Mr. agencies, and consultants. Robinson or under his direction have included all types of utilities, including electric, gas, water, wastewater, Mr. Robinson is a founding member and past Presi- and telecommunications. During Mr. Robinson’s ca- dent of the Society of Depreciation Professionals, a reer he has been involved in the preparation of more professional organization that provides depreciation than a hundred depreciation related projects. training, as well as provides a forum for the discus- sion of depreciation issues. He is also a member of A Certified Depreciation Professional (CDP), Mr. Rob- the American Gas Association (AGA) Accounting Ser- inson provides services to the firm’s clients with re- vices Committee and past chairman of the Statistics, gard to depreciation and cost based valuation issues. Bibliography, Court Regulatory Sub-Committee of the With more than forty (40) years’ experience, he began AGA Depreciation Committee. As a member of that his career as a staff member of the Plant Accounting organization, he co-authored a publication entitled “An Department of United Telephone (now Sprint) East- Introduction to Net Salvage of Public Utility Plant”. Mr. ern Group Headquarters subsequent to which he has Robinson has also completed various presentations spent the past thirty-five (35) plus years, as a consul- on the subject of depreciation studies as well as de- tant, preparing depreciation and valuation studies for preciated replacement cost to industry organizations gas, pipeline, electric, telecommunications, water, and and property tax appraiser staffs. Earl M. Robinson PROFESSIONAL QUALIFICATIONS PAGE 2 EXPERIENCE CONTINUED... 1975 to 1977 tories for original cost determination, depreciation and salvage studies to determine proper annual deprecia- Gannett, Fleming, Corddry & Carpenter, Inc. Valuation tion rates and trended original cost studies used in the Analyst in the Valuation Division where his duties and determination of utility rate base. responsibilities included the classifications, analyses and coordination of data in the development of de- 1966 to 1971 preciation rates for various companies including tele- phone, gas, water and electric utilities. United Telephone Company of Pennsylvania (now Sprint/United Telephone Company of PA). As a staff 1971 to 1975 member of the Plant Accounting Department, his duties and responsibilities included various plant ac- Weber, Fick & Wilson (Acquired by AUS Consultants), counting ledgers, unitization of location and mass Public Utility Analyst engaged in the unitization and property accounts, as well as special studies related to subsequent application of costs in the pricing of inven- insurance and tax valuations of utility plant in service. CLIENTS SERVED Testimony: Jurisdictions testified in include Alberta, Arizona, California, Connecticut, Delaware, District of Columbia, FERC, Florida, Indiana, Illinois, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Nevada, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, and Virgin Islands. Extensive expert testimony has been presented on the subjects including Depreciation, Capital Recovery, Plant in Service Measures of Value, Depreciated Reproduc- tion Cost, and Depreciated Replacement Cost. Numerous additional depreciation studies have been completed and filed in various different jurisdictions for which testimony appearances were not required. General Clientele: Arthur Andersen Pricewaterhouse Coopers Electric Utility Consultants, Inc. Standard & Poors Ernst & Young Wastewater: California - American Water Company Monarch Utilities, Inc. Citizens Sewer – Arizona New Jersey Water Company Hawaii Water Service Company-Wastewater Sewer Districts Kona Wastewater Palm Coast Utility Corporation Pukalani Wastewater Company Pinelands Sewer Company Wailoloa Resort Wastewater Wynnewood Sewer Company Illinois-American Company – Wastewater Earl M. Robinson PROFESSIONAL QUALIFICATIONS PAGE 3 CLIENTS CONTINUED... Cable Television: Cable Television Consortium Storer Broadcasting Company (DE, MD, MN) Electric: Atlantic City Electric d/b/a Conectiv Power Delivery New York State Electric and Gas Corp Nantahala Power and Light Company Northern Indiana Public Service Co Borough of Butler - Electric Dept. Pennsylvania Power Company Conectiv Power Delivery Philadelphia Electric Company Consolidated Edison Co of NY Potomac Electric Power Company Consolidated Hydro, Inc. Maryland Delmarva Power and Light Company Washington D.C. Delaware Progress Energy - Carolinas Maryland Progress Energy - Florida, Inc Duquesne Light Company Public Service Company of New Mexico Hershey Electric Company Public Service Electric & Gas Company Kentucky Utilities Rochester Gas and Electric Corporation Lockhart Power Company Vermont Electric Power, Inc Louisville Gas & Electric Co. - Elec. Div. Wellsboro Electric Company Montana – Dakota Utilities Co – Elec. Div Gas: ATCO Gas North Carolina Gas Service ATCO Pipelines North Penn Gas Atlanta Gas Light Company Northern Indiana Public Service Co. Bay State Gas Company Northern Utilities, Inc.-Maine C & T Enterprises, Inc. Northern Utilities, Inc.-New Hampshire Valley Cities Waverly Gas Company Oklahoma Natural Gas Company Canadian Western Natural Pacific Gas & Electric Company Gas Company Limited Paiute Pipeline Cascade Natural Gas Corporation Pennsylvania Gas & Water Company Citizens Gas & Coke Utility PG Energy Inc. Columbia Gas of Pennsylvania, Inc. Pennsylvania and Southern Gas Company Connecticut Natural Gas Corporation Valley Cities Division Consolidated Edison Co of New York Waverly Division East Ohio Gas Pipeline Industry Group Elkton Gas Service Providence Gas Company Granite State Gas Transmission, Inc. Public Service Electric & Gas Co Great Plains Natural Gas Co. Public Service Company of New Mexico Kansas Gas Service Roanoke Gas Company Louisville Gas & Electric Co. - Gas Division