NERA Economic Consulting
875 North Michigan Avenue
Suite 3650
Chicago, IL 60611
tel: +1 312 573 2822
fax: +1 312 573 2810
Education
PhD in economics, University of Illinois
MA in public utility economics, University of Wyoming
BA in economics, Indiana University of Pennsylvania
Dr. Karl McDermott
Special Consultant
Dr. McDermott specializes in public utility regulation. His projects have included advising the members of the Southern Companies, Wisconsin Electric Power Co., and Bell Atlantic on issues regarding restructuring. He has also assisted the country of Poland with efforts to privatize and restructure the electric supply industry. Prior to joining NERA, he served as Commissioner on the Illinois Commerce Commission during the negotiation of the Illinois restructuring law. Dr. McDermott initiated the Commission's investigation into the alternative restructuring options and has made a number of presentations on restructuring issues. Dr. McDermott has lectured extensively in Eastern Europe and South America on regulatory reform and restructuring and has published articles in The Electricity Journal.
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