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Snavely King Majoros O’Connor & Bedell, Inc.,
Washington, DC
President (1989 to Present)
Vice President (1970 - 1989)
Mr. King, a founder of the firm and
acknowledged authority on regulatory economics, brings over thirty years
of experience in economic consulting to his direction of the firm's work
in transportation, utility and telecommunications economics.
Mr. King has appeared as an expert witness
on over 300 separate occasions before more than thirty state and nine U.S.
and Canadian federal regulatory agencies, presenting testimony on rate
base calculations, rate of return, rate design, costing methodology,
depreciation market forecasting, and ratemaking principles. Mr. King has
also testified before House and Senate Committees on energy and
telecommunications legislation pending before the U.S. Congress.
In telecommunications, Mr. King has
testified before the Federal Communications Commission on a number of
policy issues, service authorization, competitive impacts, video dialtone,
and prescription of interstate depreciation rates. Before state
regulatory bodies, he has presented testimony in proceedings on intrastate
rates, costs earnings and depreciation.
Mr. King has testified in electric, gas and
water utility cases on virtually every aspect of regulation, including
cost of capital, revenue requirements, depreciation, cost allocation and
rate design. Mr. King is one of the nation’s leading authorities on
utility depreciation practices, having testified on this subject in
several dozen cases before state regulatory bodies.
In addition to his appearances as a witness
in judicial and administrative proceedings, Mr. King has negotiated
settlements among private parties and between private parties and
regulatory offices. Mr. King also has directed depreciation studies,
investment cost benefit analyses, demand forecasts, cost allocation
studies and antitrust damage calculations. Mr. King directed analyses of
the prices of services under Federal Government’s FTS2000 long distance
system.
In addition to regulatory and policy work,
Mr. King been called upon to estimate economic damages suffered by several
black farmers as a result of discriminatory agricultural programs.
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In Canada, Mr. King designed and directed
an extended inquiry into the principles and procedures for regulating the
telecommunication carriers subject to the jurisdiction of the Canadian
Transport Commission. He also was the principal investigator in the
Canadian Transport Commission's comprehensive review of rail costing
procedures.
EBS Management Consultants,
Inc.,
Washington, DC
Director, Economic
Development Department (1968-1970)
Mr. King organized and directed a
five-person staff of economists performing research, evaluation, and
planning relating to economic development of depressed areas and
communities within the U.S. Most of this work was on behalf of federal,
state, and municipal agencies responsible for community or regional
economic development.
Principal Consultant
(1966-1968)
Mr. King conducted research on a broad
range of economic topics, including transportation, regional economic
development, communications, and physical distribution.
W.B. Saunders & Company,
Inc.,
Washington, DC
Staff Economist (1962-1966)
For this economic consulting firm, which
later merged with EBS Management Consultants, Inc., Mr. King engaged in
numerous research efforts relating primarily to economic development and
transportation.
U.S. Bureau of the Budget,
Office of Statistical StandardsAnalytical Statistician
(1961-1962)
Mr. King
was responsible for the review of all federal statistical and
data-gathering programs relating to transportation.
Education
Washington & Lee University, B.A. in
Economics
The George Washington University, M.A. in
Government Economic Policy
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