
Don’t Fear the Cost Study
It’s a guide that unpacks the often misunderstood world of utility cost analysis. Combining policy insight with plain language, the book demystifies cost studies, rate design, and regulatory decision-making, empowering analysts, executives, and regulators to make smarter, more transparent choices in the public utility space.

Clark Kaml is an Economist with over thirty-five years of experience in the application of economic and financial principles within regulated utility industries, including telecommunications, water and wastewater, natural gas, and electric sectors.
Mr. Kaml’s professional experience encompasses a comprehensive range of economic and financial matters, including revenue requirement determinations, cost of capital, cost-of-service analyses, rate design, evaluation of new service offerings, affiliated interest transactions, power purchase agreements, mergers, and the sale of utility assets.