Concentric Energy Advisors

What Concentric Energy Advisors does

Concentric Energy Advisors is an employee-owned management consulting and financial advisory firm serving the North American energy and water industries, founded around 2000-2002 and headquartered in Marlborough, Massachusetts with additional offices in Washington, DC and Calgary, Alberta (operating as Concentric Advisors ULC). The firm operates across 16 core service areas spanning expert witness testimony, FERC and state regulatory proceedings, utility rates and ratemaking, depreciation and regulatory accounting, corporate finance and M&A, complex litigation, energy transition planning, electric and gas system planning, commodity risk management, ISO/RTO wholesale market design, oil and gas pipeline regulation, municipalization analysis, retail energy markets, and utility operations consulting. Concentric has built a senior expert bench of 25+ testifying professionals with 700+ years of combined industry experience and has produced 1,100+ pieces of filed testimony across all U.S. states and Canadian provinces.

The firm's core technology consists of proprietary analytical models, including a Risk Management Model (structured around Awareness, Impact, Decision, and Reporting stages), an Allocated Class Cost-of-Service (ACCOS) Model for cost allocation studies, a Gas Decarbonization Model for quantifying decarbonization costs and impacts, and a Cost of Service Model for rate design. Concentric's go-to-market is exclusively direct senior-led engagement with utility executives, boards of directors, regulatory bodies, institutional investors, and law firms, marketed through industry conferences (NARUC, SDP, Hydrogen Americas, Ontario Energy, Nodal Trader), industry publications, white papers, the quarterly Concentric Connection newsletter, and LinkedIn. The business model is professional services with project-based consulting engagements, expert testimony mandates, and ongoing advisory retainers, with fees negotiated based on scope, complexity, and expert seniority. The firm is 99% employee-owned with no external institutional investors, and serves investor-owned utilities (primary), municipal/public power utilities, power generators, transmission owners, oil and gas pipelines, RTOs/ISOs, institutional investors, and law firms.

Name

Concentric Energy Advisors

Legal name

Concentric Energy Advisors, Inc.

Website

https://ceadvisors.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Concentric Energy Advisors is an employee-owned management consulting and financial advisory firm serving North American energy and water industries, providing expert testimony, regulatory support, M&A advisory, and energy transition planning across 16 service areas.

Ownership category

akta.pro rank

Product category

Energy and Utility Management Consulting

NAICS

Management Consulting Services (54161), Engineering Services (541330), Environmental Consulting Services (54162), Portfolio Management and Investment Advice (523940)

SIC

Services-Management Consulting Services (8742), Investment Advice (6282)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

Sustainability & ESG Consulting (BPAHACAK), ESG Strategy & Materiality Assessment (EUAHAJAA), ESG/Sustainable Investment Advisory (FSAEAAAJ), Corporate & Voluntary Procurement Policy (PPAs, Green Tariffs, 24/7 CFE) (EUAMANAH)

Keywords

• Utility management consulting
• Energy regulatory advisory
• Rate case consulting
• Expert witness testimony
• Energy transition advisory

Headquarters

HQ city

Marlborough

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Consulting Services: Advisory and support services to North American energy and water industries including regulatory strategy, rate case preparation, litigation support, and transaction advisory. Revenue generated through project-based consulting engagements, expert testimony engagements, and ongoing advisory retainers.
2. Expert Witness Testimony: Provision of testifying experts for regulatory proceedings, courts, and arbitrations across North America. Senior experts provide testimony on cost of capital, rate design, depreciation, prudence reviews, and regulatory policy matters.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Concentric Energy Advisors is a management consulting and financial advisory firm serving the North American energy and water industries. It delivers 16 core service areas including regulatory strategy, rate case preparation, expert witness testimony, cost of capital and cost of service analysis, FERC and state commission proceedings, corporate finance and M&A advisory, depreciation and regulatory accounting, electric and gas planning, energy transition advisory, and complex litigation support. Services are delivered through project-based consulting engagements, retainers, and expert testimony mandates by senior professionals.

Product overview

Concentric Energy Advisors is a management consulting and financial advisory firm serving the North American energy and water industries. The company offers a broad range of integrated consulting services organized around 16 core service areas including Board-level Advisory Services, Commodity Risk Management, Complex Litigation, Corporate Finance and M&A, Depreciation and Regulatory Accounting, Electric and Gas Planning, Energy Transition, Expert Witnesses, FERC Proceedings, ISOs & RTOs, Municipalization, Oil and Gas Pipelines, Regulatory Disputes and Prudence, Retail Energy Markets, Utility Operations, and Utility Rates and Regulation. These services are delivered through a collaborative 'One Concentric Advantage' approach, combining expertise across multiple disciplines to provide comprehensive advisory and expert testimony services to utilities, power generators, transmission operators, pipeline companies, and institutional investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Board-level Advisory Services

Quantifiable outcome

• Concentric experts have testified across all U.S. states and Canadian provinces
• +3 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Edison Electric InstitutecoreStrategic or Co-development Partner · 1 June 2026Concentric was commissioned by the Edison Electric Institute to produce a report on U.S. electric grid investment as essential for reliability, economic growth, and national security. The report analyzed grid investment economics and cost allocation for large load customers such as data centers.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Analysis Group: Analysis Group is a major economic, financial, and strategy consulting firm with significant energy and utilities practice areas, providing expert testimony and regulatory economics services that overlap with Concentric's expert witness and litigation support offerings.
• PA Consulting: PA Consulting is a global innovation and transformation consultancy with an energy and utilities practice serving regulatory, operational, and transition needs—broadly comparable to Concentric's advisory scope but with much larger international footprint.
• ICF International: ICF International is a large advisory and digital services firm with a major energy practice serving utilities on regulatory, environmental, and energy transition matters—overlapping Concentric's energy transition and regulatory work but at much larger scale.
• Charles River Associates: Charles River Associates is a global consulting firm with a substantial Energy practice providing economic and regulatory analysis, expert testimony, and litigation support to utilities, regulators, and energy companies—overlapping Concentric's testimony and regulatory economics but at significantly greater scale.
• NERA Economic Consulting: NERA Economic Consulting is a global firm specializing in applied economic analysis and expert testimony across energy, regulation, and antitrust matters, competing with Concentric on utility rate cases and energy regulatory disputes.

Direct peers

• Bates White Economic Consulting: Bates White provides economic consulting and expert testimony in energy, environmental, and regulatory matters, including cost of capital, rate design, and utility regulation, making it a near-direct competitor to Concentric's rate case and expert witness practice.
• Synapse Energy Economics: Synapse Energy Economics is a research and consulting firm specializing in energy regulation, utility planning, and environmental economics, providing expert analysis and testimony on rate cases, integrated resource planning, and energy policy—directly comparable to Concentric's regulatory and planning offerings.
• ScottMadden: ScottMadden is an energy-focused management consultancy serving utilities on regulatory, operations, and strategy matters, overlapping with Concentric's utility operations, regulatory strategy, and energy transition practices.
• London Economics International: London Economics International specializes in economic and regulatory consulting for the global energy sector, including utilities, power markets, and transmission—directly comparable to Concentric's wholesale markets, RTO/ISO, and transmission planning services.
• Brattle Group: The Brattle Group is a leading economic and financial consultancy with a deep energy and utilities practice providing expert testimony, regulatory economics, rate case support, and litigation consulting for utilities, ISOs, and regulators—closely matching Concentric's core testimony and ratemaking services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/73229
• Xx.com/concentric2002

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concentric Energy Advisors