Independent expert witness testimony and regulatory consulting for electric utilities and cooperatives — before FERC, state commissions, and in arbitration and litigation proceedings.
Russ Hissom, CPA brings over 35 years of specialized utility accounting and rate expertise to regulatory proceedings, arbitration, and litigation. His testimony has addressed some of the most complex financial and accounting issues in the utility industry — from landmark FERC cooperative rate filings to nuclear plant cost recovery and impairment accounting for major generating assets.
What distinguishes Russ’s expert witness work is the combination of deep technical accounting knowledge — FERC USoA, RUS standards, ASC 980, GASB 62, ASC 360, GASB 42 — with practical rate case experience on both the utility side and as an independent expert. He understands how accounting decisions flow through to rates, and how to explain that relationship clearly and credibly in a regulatory or litigation context.
He is also the principal of UtilityEducation.com, where he teaches the same accounting and regulatory standards to finance professionals nationwide — a credential that reflects both the depth of his expertise and his ability to explain complex matters to diverse audiences.
Independent testimony at FERC, state regulatory commissions, and in arbitration and litigation proceedings on rate, economic, and accounting matters.
Rigorous analytical support for regulatory filings, rate cases, and dispute resolution proceedings.
Technical support for utilities preparing rate filings and oversight bodies reviewing them.
CPS Energy — Expert witness testimony on cost allocations and affiliate transactions.
Expert witness testimony regarding the application of the FERC Uniform System of Accounts.
Wastewater utility — analysis of cost allocations in user rates in connection with a potential litigation matter involving a Washington municipality.
LCRA Transmission Services Corporation — Expert witness testimony on cost allocations and affiliate transactions.
Basin Electric Cooperative, McKenzie Electric Cooperative, and Tri-State Generation and Transmission Association — Expert witness testimony on regulatory accounting, asset deferrals, cost allocations, and depreciation in wholesale and transmission rates.
Expert witness testimony on the recoverability of depreciation expense in insurance filings with an investor-owned electric utility.
Expert witness testimony on FERC accounting for the production, purchase, and sale of Flue Gas Desulfurization (FGD) gypsum.
Constellation Mystic Power, LLC and Eastern New England Consumer-Owned Systems — Expert witness testimony on impairment accounting pertaining to acquired power plant assets.
South Carolina Electric and Gas — Expert witness testimony on the application of regulatory accounting to ratepayer cost recovery scenarios for VC Summer Nuclear Station Units 2 and 3 construction costs.
Ameren and five joint action agencies — Support activities determining the impact on wholesale power customer rates from the impairment of Ameren generating units.
Expert witness testimony on cost recovery of common administrative costs in a jointly owned nuclear power unit involving four utilities.
Expert witness testimony on water rights disputes between two California utilities and accounting for water rights for power generation under a long-term purchased power agreement.
Expert witness testimony and rate case support in connection with various filings of electric and water utilities.
Whether you need expert witness support for an upcoming proceeding, a rate study, or a complex accounting question — describe your situation and we’ll respond promptly.
