Senior Personnel
Pacific Economics Group Research LLC is a consulting firm that is best known for its work in the field of utility economics. Performance-based regulation (“PBR”) and other alternatives to traditional rate regulation are company specialties. We are also well known for our research on utility performance. Our personnel, which includes several Ph.D. economists, have accumulated over 90-person years of experience in these fields, which have a common foundation in economics and statistics. 

We serve clients across North America and several countries overseas from home offices on Capitol Square in Madison, Wisconsin. The University of Wisconsin-Madison has trained most of our staff and is renowned for its economic statistics program. We periodically write articles on our work in respected professional journals. Our practice is multinational and has to date involved projects in twelve countries. Work for a mix of clients has given us a reputation for objectivity and dedication to good regulation. This increases our effectiveness in the regulatory arena.

Mark Newton Lowry, PhD

President

Mark Newton Lowry is the President of Pacific Economics Group Research LLC. He is best known for his research and expert witness testimony on energy utility performance and alternatives to traditional rate regulation (Altreg) such as performance-based ratemaking (PBR). A leading proponent of multiyear rate plans (MRPs) for energy utilities, he has done numerous studies to design the rate and revenue cap indexes that are popular in these plans. His statistical benchmarking studies are the state of the art in North American ratemaking. A current focus of his work is how PBR for electric and natural gas utilities can facilitate a cost-effective energy transition that includes rapid growth in data centers.

His practice is multinational in scope and has included dozens of projects in Canada, where MRPs are used to regulate energy utilities in all four populous provinces. Work for diverse clients has given him a reputation for objective empirical research and dedication to good regulation. He for many years advised the Edison Electric Institute on Altreg, preparing several authoritative surveys. Recent clients have included Avangrid, Duke Energy, Puget Sound Energy, Lawrence Berkeley National Laboratory, and the Ontario Energy Board.   

A northeast Ohio native, Dr. Lowry earned a Ph.D. in applied economics from the University of Wisconsin. He has authored numerous professional publications and speaks frequently on PBR at national conferences and ratemaking courses. He lives in Shorewood Hills, Wisconsin near Madison.

Contact Dr. Lowry by e-mail at mnlowry@pacificeconomicsgroup.com

Senior Personnel



David Hovde - MS Economics
Vice President
Rebecca Kavan - MS
Economist II
Matt Makos - BBA
Senior Consultant
Gretchen Waschbusch - MBA
Office Manager
Scott Brockett - MA Economics
Senior Advisor
Jeffrey Dubin - PhD
Senior Advisor
Blaine Gilles - PhD
Senior Advisor
Jennie Deuster-Loesch - JD
Marketing Manager