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	 CONSULTANTS 
        Dr. Kajal B. Kapur, Senior Consultant
        Dr. Kapur has over ten years of energy consulting experience in the 
          areas of economic analysis, forecasting and environmental issues. She 
          is specialized in restructuring issues facing electric and gas utilities 
          such as - customer loyalty, alternate energy supply, new product and 
          services and regulatory trends. She is also experienced in assisting 
          utilities to prepare supportive evidence for rate case filings and presented 
          written and oral testimony before regulatory commissions. Currently 
          Dr. Kapur is conducting research on the future of demand side management 
          in a competitive power industry by econometrically modeling profits, 
          market structures and barriers to entry in the energy services market. 
        A sought after teacher and speaker, Dr. Kapur's original teaching experience 
          was gained by teaching micro and macroeconomics at Cornell University 
          and the University of California. She was invited to teach the economics 
          of investor owned utilities and regulatory issues at the University 
          of Michigan, School of Management. 
       Professional Achievements
        
          - Assisted large Midwest electric utility 
            in developing a promotional strategy to address customer concernsabout 
            nuclear plant operation and other environmental issues. Educated the 
            company on alternate sources of energy such as renewable, distributed 
            power and energy efficiency and the costs of the alternate sources. 
            Identified new products and services the utility could offer in a 
            restructured electric environment.
 
          - Helped conduct focus groups and analyzed 
            customer surveys to understand customer perception and satisfaction 
            with the Midwest company.
 
          -  Performed benchmark study of regulatory 
            trends for large East Coast gas utility. Studied regulatory trends 
            and analyzed the impact of these trends on the company's base rate 
            filing.
 
          - Educated utility about gas purchasing 
            and gas cost recovery trends in an increasingly competitive industry 
            and addressed the implications of these trends for company's rate 
            filing.
 
          - Worked with State Utility Forecasting 
            Group to review forecasts of statewide and individual utility electric 
            energy demand.
 
          - Reviewed utility demand side management 
            plans and demand side implementation and evaluation activities.
 
          - Examined utility Electric and Gas Least 
            Cost Plans including demand forecasts and optimization, scenario and 
            sensitivity analysis conducted by utility.
 
          - Studied the economics of utility power 
            purchase arrangements with other utilities.
 
          - Analyzed the merger of two Midwest utilities. 
            Modeled the individual and joint resource plans of the two utilities 
            to determine the benefits of the merger.
 
          - Conducted economic analyses related to 
            utility clean coal technology project.
 
          - Analyzed Clean Air Compliance plans of 
            major Midwest utilities and made recommendations based on the analysis. 
            The regulatory commission adopted many of the recommendations.
 
         
         
         
 Publications:
          Throughout her career Dr. Kapur has published research 
          related to industry market adjustments, green energy and energy industry 
          regulatory trends. 
       Education:
          Ph.D. Economics, Cornell University 
          M.A. Economics, University of California 
          B.A. (Honors) Economics, University of Delhi
		    
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