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Rick Hornby is an industrial engineer and energy policy analyst with 40 years’ experience in energy economics, policy, and ratemaking issues. His clients have included utility regulators, efficiency program administrators, consumer advocates, environmental groups, state energy and environmental policy makers, power and transmission project developers, energy marketers, gas producers, and utilities throughout the United States and in Canada. Mr. Hornby provides consulting services, litigation support, and expert testimony on electric industry planning, market structure, and ratemaking issues.
At TCR Mr. Hornby focuses on policy and ratemaking issues associated with the transitions to cleaner sources in wholesale energy markets and to distributed energy resources in new distribution level markets, i.e., the utility of the future. Representative projects include analysis of market design and pricing required to implement a new distribution level market for electric products from distributed energy resources and traditional resources; development of long-term projections of avoided electricity and natural gas costs in New England; and assessment of the impact of offshore wind on wholesale energy prices on Long Island.
Mr. Hornby has provided expert testimony and litigation support on electricity and natural gas planning, cost allocation, and rate design issues in over 125 regulatory proceedings and contract arbitration cases in more than 30 states and provinces. He has testified on the value of distributed energy resources; utility proposals for smart grid and smart meter investments; proposals for dynamic pricing and other time varying rates; proposed acquisitions of generating assets; ratemaking proposals to better align utility financial incentives with aggressive pursuit of energy efficiency, including the Duke Energy “save-a-watt” proposal; unbundling electricity and natural gas retail services and rates; and procurement of natural gas supplies and pipeline capacity.
Prior to joining TCR, Mr. Hornby was a senior consultant at Synapse Energy Economics and at Tabors Caramanis & Associates. Previously he was director of the energy practice at Tellus Institute, assistant deputy minister of energy for the province of Nova Scotia, and a project engineer responsible for energy management programs in industry.
At TCR Mr. Hornby focuses on policy and ratemaking issues associated with the transitions to cleaner sources in wholesale energy markets and to distributed energy resources in new distribution level markets, i.e., the utility of the future. Representative projects include analysis of market design and pricing required to implement a new distribution level market for electric products from distributed energy resources and traditional resources; development of long-term projections of avoided electricity and natural gas costs in New England; and assessment of the impact of offshore wind on wholesale energy prices on Long Island.
Mr. Hornby has provided expert testimony and litigation support on electricity and natural gas planning, cost allocation, and rate design issues in over 125 regulatory proceedings and contract arbitration cases in more than 30 states and provinces. He has testified on the value of distributed energy resources; utility proposals for smart grid and smart meter investments; proposals for dynamic pricing and other time varying rates; proposed acquisitions of generating assets; ratemaking proposals to better align utility financial incentives with aggressive pursuit of energy efficiency, including the Duke Energy “save-a-watt” proposal; unbundling electricity and natural gas retail services and rates; and procurement of natural gas supplies and pipeline capacity.
Prior to joining TCR, Mr. Hornby was a senior consultant at Synapse Energy Economics and at Tabors Caramanis & Associates. Previously he was director of the energy practice at Tellus Institute, assistant deputy minister of energy for the province of Nova Scotia, and a project engineer responsible for energy management programs in industry.
