William Rice has more than 30 years of continuous experience working on matters for regulated companies in the electric, natural gas, oil pipeline and telecommunications industries, both as a lawyer and as a professional engineer before becoming a member of the bar.
As a counsel in the Global Transactions Practice Group, his current practice deals with the regulation and deregulation of the US natural gas and electric industries, electric power and natural gas project development, and transactions involving natural gas and electric power.
He has represented incumbent utilities and competitive providers of natural gas, electricity and telecommunications in various proceedings before state and federal regulatory agencies, and in appellate court proceedings. Mr. Rice has extensive experience dealing with natural gas pipelines and storage companies regulated by the Federal Energy Regulatory Commission. His electric transactional work includes preparation of gas-for-electricity tolling agreements associated with development of natural gas-fired merchant power generating projects. Mr. Rice has significant involvement with the developmental process and operational decisions affecting his clients’ FERC-regulated natural gas facilities, including tariff administration, contracting for jurisdictional services, cost-of-service rate cases, certificate applications, applications for market-based rates, participation in the FERC rulemaking process, standards of conduct compliance and preparation of regulatory reports. He is also active in assisting clients in achieving and maintaining regulatory compliance through the development of compliance procedures, conducting internal audits, preparing and conducting on-site training programs and participating in various FERC audits, self-reports and investigations.
Mr. Rice’s professional experience prior to the practice of law consists of more than 17 years of employment by regulated industries, including direct responsibility for engineering design and construction, accounting, rates and regulatory affairs, gas supply, marketing and customer billing systems. He is a licensed Professional Engineer (Colorado).
- Contributing Author, American Gas Association FERC Manual: A Guide for Local Distribution Companies (2010).