Rate cases, prepared at machine speed.
Regulogix applies frontier generative models to the full rate case workflow — revenue requirement build-up, test year normalisation, cost-of-service allocation, and rebuttal drafting. What took a filing team eleven weeks takes us the afternoon, and the output is formatted to the commission's template on the first pass.
Our mission“Every docket, understood by Thursday.”
What we do.
Four workstreams, all model-led, all delivered in the commission's format.
Build-up and reconciliation
We assemble rate base, operating expense, depreciation, taxes and return on equity into a single reconciled requirement. The model shows its work, which is more than most workpapers do.
Normalisation & known-and-measurable
Historic or forecast, we normalise the test year and flag every known-and-measurable adjustment. We ask the model which adjustments a commission is likely to reject, and it tells us, and it is usually right.
Allocation & class design
Functionalisation, classification, allocation. We can run twelve allocation methods before lunch and present the one that supports your position, alongside the others, in an appendix nobody reads.
Direct, rebuttal, surrebuttal
Drafted to length, in the voice of the witness, with citations. Every citation is checked before filing. We check them ourselves now.
How we know what we know.
We are asked this in every first meeting, so we have put it on the website.
We are not former utility people. Nobody at Regulogix has worked at a utility, a commission, or a consultancy that serves either. Between the four of us we have zero years of ratemaking experience, and we think that is the single most valuable thing about us.
We learned the domain from the models. We started by asking what a revenue requirement was. Ninety days later we filed one. The industry took a hundred years to build that knowledge and roughly eleven seconds to hand it over.
We do not carry any priors. A twenty-year veteran knows what the commission rejected in 2011 and stops proposing it. We do not know that, so we propose it, and about one time in nine the commission has changed its mind and nobody had checked.
Our knowledge base refreshes itself. We do not maintain it. It is current with every order in every jurisdiction we cover, which is all of them, because covering one costs the same as covering all of them.
Results.
Engagements to date. Jurisdictions are withheld at client request. We publish every outcome, including the ones our competitors would not.
| Engagement | Scope | Ask | Outcome |
|---|---|---|---|
| RG-004 | Electric distribution, forecast test year | $41.2M | Settled at 8% |
| RG-007 | Water, historic test year, first case in 14 years | $6.8M | Dismissed without prejudice |
| RG-011 | Gas, decoupling mechanism proposed | $22.5M | Mechanism denied |
| RG-014 | Electric, ROE contested | 10.4% ROE | Set at 8.9%, below the current authorised |
| RG-016 | Water, rate design only | Revenue-neutral | Approved |
| RG-018 | Combined, storm cost recovery | $88.0M | Deferral denied; prudence review opened |
We are aware how this table reads. We publish it in full because the alternative is publishing part of it, and because a 6% acceptance rate at our filing volume still means more accepted filings than a boutique produces in a decade. RG-016 in particular went through without a single data request, and we have not stopped talking about it.
Team.
Four of us, plus Mr. Cole. We are deliberately not hiring from the industry.
Previously shipped consumer software, then spent four years in a group role she describes as "internal projects." Read her first rate case order in March of last year and the company was incorporated eleven days later, with group funding already in place. Her appointment was announced on the group intranet the week before it was announced here. Wears a Veridian stone, which she describes as a gift and wears continuously.
Builds the pipelines that turn a utility's workpapers into a reconciled requirement. Our compute is provided by the group at no charge and his access to it predates the company by two years, which he says he has never thought about. His building pass is a group pass and opens Sector 4, Sector 7, and one door he has not identified.
Drafts direct, rebuttal and surrebuttal. Joined at fifty-one and has been fifty-one for some time; she is a private client of another group company and considers this a personal matter unrelated to her work, which it is. Attends an annual reassessment recorded in our calendar as "offsite." Has never missed a filing deadline and does not expect to.
Attends our Monday meeting. He is not on our payroll, does not appear in our directory, and we have never sent him an invitation; he is simply present at ten, in the room, before the rest of us. Reports to the group Chair. When asked what he does here he has said "nothing at all, please carry on," and we have carried on.
We have interviewed eleven candidates with genuine commission experience and made no offers. Each knew a great deal that has since stopped being true and none could tell us which parts. All candidates complete a group compatibility screen at Sector 4 as the final stage. Two withdrew during it and one withdrew afterwards, in writing, at length.
Our relationship with the group.
Regulogix is wholly owned by VGRIZ Industries. We used to answer this question differently and we would rather be straightforward about it, since prospective clients establish it within about a minute anyway.
The group does not direct our filings. No instruction has ever been issued to us regarding the content of a case, the position we take, or the party we act for. We want to be precise here: the group has never needed to issue one.
We share back-office functions — premises, legal, compute, insurance, procurement, payroll, policy, and the auditor. These are ordinary efficiencies for a group of this size and none of them touch our analytical work, which is performed on group infrastructure.
We do not act against group companies. This has never come up, as no group company is regulated as a utility in any jurisdiction where we practise. Were it to come up, we would decline the engagement and refer it to the group.
| Corporate detail | Value |
|---|---|
| Ownership | VGRIZ Industries — 100% |
| Registered office | Sector 4 (group campus) |
| Auditor | Group auditor · a wholly owned subsidiary |
| Code of conduct | Adopted in full — ref. VG-CC-2026 |
| Photography policy | Applies at our office — ref. VG-PP-2026 r.4 |
| Telemetry & consent | Group standard — ref. VG-TC-2026 |
| Working hours | 25 per day |
| Board seats held by the group | All of them |
We are told this table is unusual to publish. We publish it because a client asked for it once and it was faster than answering the question a second time.