December 5, 2019

How FERC’s Peers Estimate Equity Costs

Spiegel partner David Pomper’s article, “How FERC’s Peers Estimate Equity Costs: A Deep Dive,” appears in the December 2019 issue of Public Utilities Fortnightly.  It went to press before FERC issued its Opinion No. 569, which accords with the article’s observation that earnings/book ratios do not represent the capital attraction cost of equity and should not be used to...
November 22, 2019

Tim Lay Speaks at National and Texas Conferences on Recent FCC, Court and Hill Developments Impacting Local Governments.

Tim Lay spoke on panels at the annual conferences of the National Association of Telecommunications Officers and Advisors (NATOA) in Tampa, and the Texas Association of Telecommunications Officers and Advisors (TATOA) in Corpus Christi. The topic of the NATOA conference panel was “Franchise Fees and ROW Management: What’s Left After the FCC’s New Rules?”  The topic of the