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Richard G. Stevie

Affiliated Consultant

Dr. Richard G. (Dick) Stevie is an Affiliated Consultant with KMK Consulting and is Vice President, Forecasting with Integral Analytics. Prior to joining Integral Analytics in June 2012, Dick served as Chief Economist for Duke Energy with over 30 years of experience in the utility industry. During his tenure with Duke Energy, he managed several key analytical functions including economic forecasts, projections of energy sales and peak load demands, customer research on energy usage, market research, product development analytics, energy efficiency cost-effectiveness evaluation, and measurement and verification of energy efficiency measure impacts. He has been involved in many regulatory proceedings and has provided expert witness testimony on numerous utility economic issues in Ohio, Kentucky, Indiana, North Carolina, and South Carolina. The principle areas of testimony involved projections of sales and peak loads, cost-effectiveness analysis of energy efficiency programs, market pricing for energy, regulatory recovery mechanisms for energy efficiency, weather normalization of energy sales, and assessment of economic conditions.

Before the merger with Duke Energy, Dick was General Manager of Market Analytics for Cinergy Corp., and prior to that, he served as Senior Economist with the Cincinnati Gas & Electric Company. In addition, he was Director of Economic Research for the Public Staff of the North Carolina Utilities Commission. While working at the Public Staff, Dick provided expert testimony on numerous issues including cost of capital, capital structure, application of an operating ratio, and rate design.

Dick also has provided insights on the economy during his 20-plus year tenure as Chair of the Regional Economic Advisory Committee for the Greater Cincinnati Chamber of Commerce. As chair of the committee, he led the development and presentation of the Chamber’s Annual Economic Outlook. In addition, he has appeared in numerous local forums to provide his views on the economy.

Dick's research interests include economic business cycles, energy markets, development of econometric forecasting models, assessment of energy efficiency regulatory recovery mechanisms, cost-effectiveness analysis of energy efficiency programs, and the integration of projected energy efficiency load impacts into forecasts of sales and peak demands. He has recently completed a paper entitled “The Economics of Utility Energy Efficiency: A Different Perspective.”

Dr. Richard G. Stevie received his undergraduate degree in economics from Thomas More College and his M.A. and Ph.D. from the University of Cincinnati.

KMK Consulting Company LLC


TEL: (513) 479-1235
Education
  • Dr. Richard G. Stevie received his undergraduate degree in economics from Thomas More College and his M.A. and Ph.D. from the University of Cincinnati.