Mark Ellis

Independent Consultant

Mark Ellis

Independent Consultant

Mark E. Ellis is a former utility executive now working as an independent consultant and testifying expert in finance and economics in utility regulatory proceedings. Before establishing his own consultancy, Mark led the strategy function at Sempra Energy (parent of San Diego Gas &Electric  and Southern California Gas) for fifteen years. Previously, he worked as a consultant in McKinsey’s energy practice, in international project development for ExxonMobil, and in industrial demand-side management for Southern California Edison. He has an MS from MIT’s Technology and Policy Program, where he focused on utility policy and conducted research in the MIT Energy Lab, and a BS in mechanical engineering from Harvard.

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Explainer Episode 49 – Utility Rate Modeling

February 8, 2023

Energy consumers continue to see rising rates, but how do regulators decide the rate that consumers pay? In this episode, James Coleman and Mark Ellis explain the relationship between federal and state regulators and utility companies, the financing models behind regulated rates, and the incentives created by these models.

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