Regulatory Experience
Elliott Tanos is a Utility Regulatory Economist with 40 years of experience across the electricity, natural gas, district heating, water, and wastewater sectors in the United States and internationally. His work has been concentrated in the areas of economic and financial analysis, system cost of service, customer class-cost-service studies, tariff methodologies and design, energy sector restructuring, privatization, and energy sector policy development. Elliott has work experience in Africa, the Caribbean, the Caucasus, Central Asia, Eastern Europe, and the Middle East. For over a decade, he also served as an expert witness for Pepco Services, Inc., an Exelon company, in numerous base rate case proceedings before U.S. State Public Utility Commissions.
In the United States, Elliott served as expert witness, and manager of professional teams, that prepared and defended electricity and natural gas utility cost of service studies in numerous base rate cases before the Public Utility Commissions of Maryland, Delaware, New Jersey, and the District of Columbia. His industry work encompasses: all phases of the base rate design process; market-base rates and formula rates; capital cost recovery mechanisms; other automatic adjustment clauses; electricity and natural gas utility rules and regulations; smart grid (AMI), grid transformation, and distributed energy resources analyses; and cost-benefit analysis and feasibility studies for acquiring energy systems.
Internationally, Elliott has advised the national regulatory authorities, ministries, and utilities in framing energy sector reform initiatives in the Republic of Armenia, Azerbaijan, Georgia, Ghana, Jordan, Kazakhstan, Moldova, Rwanda, Trinidad and Tobago, and Ukraine. Through this work, he has been immersed in the critical challenges facing the energy and water utility sectors including: underpricing/subsidies, revenue under-collections, decapitalization, inefficient state-owned enterprises, large technical and commercial losses, weak legal and regulatory frameworks, and inefficient integration of renewable energy resources.
Elliott holds a Bachelor of Science Degree in Economics from Villanova University (with honors), and a Masters of Arts Degree from Temple University. He is also an experienced project manager with extensive Project Management Institute (PMI) training, and most recently attended the EUI Florence School of Regulation, Executive Course to Master Electricity Markets.