SOUTHERN INDIANA GAS AND ELECTRIC COMPANY d/b/a CENTERPOINT ENERGY INDIANA SOUTH (CENTERPOINT)

IURC CAUSE NO. 45501

DIRECT TESTIMONY OF MATTHEW A. RICE DIRECTOR OF INDIANA ELECTRIC REGULATORY AND RATES

ON

INTEGRATED RESOURCE PLAN, NECESSITY OF THE SOLAR PROJECTS AND RATEMAKING ISSUES

SPONSORING PETITIONER’S EXHIBIT NO. 4 (PUBLIC) ATTACHMENTS MAR-1 THROUGH MAR-5 IURC Cause No. 45501 Petitioner’s Exhibit No.4 (Public) CenterPoint Page 2 of 30

DIRECT TESTIMONY OF MATTHEW A. RICE

1 I. INTRODUCTION 2 3 Please state your name and business address. 4 A. My name is Matthew Rice. My business address is 211 NW Riverside Drive, Evansville, 5 Indiana 47708. 6 7 Q. On whose behalf are you submitting this direct testimony? 8 I am submitting testimony on behalf of Southern Indiana Gas and Electric Company d/b/a 9 CenterPoint Energy Indiana South (“CenterPoint”, “Petitioner”, or “Company”), which is an 10 indirect subsidiary of CenterPoint Energy, Inc. 11 12 Q. What is your role with respect to Petitioner? 13 I am Director of Indiana Electric Regulatory and Rates. 14 15 Please describe your educational background. 16 A. I received a Bachelor of Science degree in Business Administration from the University of 17 Southern Indiana in 1999. I also received a Master of Business Administration from the 18 University of Southern Indiana in 2008. 19 20 Please describe your professional experience. 21 A. Prior to working for CenterPoint, I worked as a Market Research Analyst for American 22 General Finance for six years working primarily on customer segmentation, demographic 23 analysis, and site location analysis. In 2007, I joined the Company as a Market Research 24 Analyst, and have held various positions of increasing responsibility, including Senior 25 Analyst, Manager of Market Research, and Director of Research and Energy 26 Technologies. Since 2009, I have been responsible for long-term energy forecasting for 27 the Company’s IRPs, helping to manage the Company’s 2011, 2014, 2016, and 28 2019/2020 IRPs. I have also managed its IRP stakeholder process since 2014. My duties 29 have included conducting economic analysis, primary and secondary customer research 30 (including surveying, focus groups, segmentation, and demographic analysis), customer 31 satisfaction research, housing market research, and monitored industry research. In IURC Cause No. 45501 Petitioner’s Exhibit No.4 (Public) CenterPoint Page 3 of 30

1 February 2019, I became Manager of Resource Planning with responsibility for internal 2 and external generation analysis and reporting. I was named to my current position of 3 Director of Indiana Electric Regulatory and Rates in October 2020. 4 5 What are your present duties and responsibilities as Director of Indiana Electric 6 Regulatory and Rates? 7 A. I am responsible for electric regulatory and rate matters for CenterPoint in regulated 8 proceedings before the Indiana Utility Regulatory Commission (“Commission”). I also have 9 responsibility for resource planning and reporting for CenterPoint, including the IRP. 10 11 Q. Have you previously testified before the Commission? 12 A. Yes. I testified before the Commission in support of CenterPoint’s Certificate of Public 13 Convenience and Necessity (“CPCN”) in Cause No. 45052, and Petitioner’s request for 14 approval of a tariff rate for Excess Distributed Generation in Cause No. 45378. 15 Additionally, I recently provided written testimony in Cause No. 44910-TDSIC-8 and in 16 Cause No. 44909-CECA 3. 17 18 19 II. PURPOSE & SCOPE OF TESTIMONY 20 21 What is the purpose of your testimony in this proceeding? 22 A. My testimony describes the analysis and results of CenterPoint’s 2019/2020 Integrated 23 Resource Plan (“2019/2020 IRP”) process. In addition, I describe and support 24 CenterPoint’s request for a CPCN to purchase and acquire the Posey County Solar 25 Project through a Build Transfer Agreement (“BTA”) pursuant to Ind. Code ch. 8-1-8