Facts on File:
Ratepayer-Backed Bond / Utility Securitization Testimony and Videos on “Best Practices” to Protect Ratepayers
January 28 & 29, 2021
Note: “Oral Summary Presented at Hearing” videos are 3-5 minutes; cross-examination and “redirect” (lawyer jargon) videos are (unfortunately) much longer.
Panel 1 Topic: A Bond Finance Team with Meaningful Ratepayer Representation and Independent Certifications
Joseph S. Fichera, CEO, Saber Partners, LLC and former managing director, investment banking, Bear Stearns.
Brian A. Maher, Senior Advisor, Saber Partners, LLC and former Assistant Treasurer, Exxon Mobil.
Hyman Schoenblum, Senior Advisor, Saber Partners, LLC and former SVP and Treasurer of Consolidated Edison of New York.
William B. Moore, former CEO and CFO of the utility, Westar Energy (Kansas), and special consultant to Saber Partners for the Duke petition.
Panel 2 Topic: How Using Best Practices Protects Ratepayers from Leaving Money on the Table – Quantifying the Benefits and Avoiding Costs
Paul Sutherland, Senior Advisor to Saber Partners, LLC and former Assistant Treasurer, Florida Power & Light.
Steven Heller, President Analytic Aid and independent securitization modeler and special consultant to Saber Partners for the Duke petition.
Panel 3 Topic: Regulatory Best Practices History from Texas to Florida
Becky Klein, President Klein Energy, Advisory Board member, Saber Partners, LLC, and former Chair, Public Utility Commission of Texas.
NOTE: Barry Abramson, Senior Advisor to Saber Partners, LLC and a long time utilities equity analyst and investment manager also provided testimony on the effects of climate change and the need to establish North Carolina’s Ratepayer-Backed Bond program correctly from the beginning.
- Download the Complete Written Testimony: Saber Abramson Testimony and Exhibits
- Duke chose not to cross examine Mr. Abramson letting his testimony to be stay unchallenged. Sorry, no YouTube video.