GREG VAN DUSEN.Regulatory, Risk Management, Planning and Financial Expertise

Cell: (416) 230–7537E-mail: gvandu1057@rogers.com

Summary of Profession Strengths: Proven ability to manage complex processes and issues, negotiate successfully with stakeholders and make pragmatic, quick decisions. Strong leadership qualities are combined with highly regarded communication and interpersonal skills as shown through dealings with peers, senior management, government and regulatory officials. Demonstrated flexibility, adaptability and an aptitude for a wide variety of challenges throughout a 36 year career with Ontario Hydro, Hydro One, Greg Van Dusen Consulting, Elenchus Research Inc. and Hydro Ottawa.

Detailed Experience and Expertise Regulatory Submissions – Developing and writing Cost of Service and Incentive Based Regulatory

applications, Regulatory Strategy and Witnessing –Expert witnessing at regulatory proceedings in both a Cost of

Service and Performance Based Regulatory environments, Cost of Capital – Detailed understanding of the theoretical underpinnings and the application to

regulatory submissions, Risk Management – Understanding of the theoretically underpinnings as well as application to

investment decision making in a planning and regulatory environment, Business Planning – Developing business planning processes and submissions to senior

management and regulators, Asset Management Process and Practices – Lead a team that developed asset management

process and practices for Hydro One.

Current Role: Director – Regulatory Affairs – Hydro Ottawa

The Director Regulatory Affairs supports the Chief Financial Officer in implementing the business strategy by acting as a senior advisor on regulatory matters, managing the approval process for regulatory applications, and developing relationships with internal, business and regulatory stakeholders ensuring that all rate applications and other regulatory filings are filed in accordance with regulatory requirements and business strategies.

The Director Regulatory Affairs also manages the monitoring of compliance with the regulatory requirements and ensures the completion of all regulatory reporting, including the preparation and filing of regulatory financials. The Director Regulatory Affairs also oversees the forecasting of revenues and regulatory accounts is responsible for the supporting the monthly reporting process and the annual business planning process.

Specific Duties include: Develop relationships with regulator and key stakeholders Act as the corporation’s representative in the resolution of issues with regulators. Consult with legal counsel concerning stakeholder, regulatory, legislative cases and issues of strategic

importance to the company. Oversee the preparation and management of all regulatory applications. Provide regulatory advice in the development of corporate strategies. Ensure on-going internal external communication with stakeholders on regulatory matters Keep abreast of and assess the impact of regulatory decisions

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GREG VAN DUSEN.Regulatory, Risk Management, Planning and Financial Expertise

WORK HISTORY

President of Greg Van Dusen Utility Consulting Inc. and Associate consultant with Elenchus Research Inc. (May 2010 to July 2015)

Engagements: Hydro One Brampton: Assisted with the development of their 2015 Cost of Service

Application, including over-all evidence strategy, writing evidence, preparing analysis. St. Thomas Energy Inc. (STEI): Developed their 2015 Cost of Service Application, including

over-all evidence strategy, writing evidence, preparing analysis Member of the Hydro One Brampton Networks Board of Directors: Member of the Board

and Chair of the Financial Regulatory & Policy Committee; fall 2011 to fall 2013. PowerStream Inc.: Providing regulatory advice & guidance for their 2013 Cost of Service

Filing. Developed evidence in the OM&A and Capital program areas. Nigerian Power Authority – Consulting Firm: Developing course material on numerous

regulatory & financial topics. Black and Veatch: Working with an electricity sector client in Ontario (Hydro One) to conduct

a common cost allocation time study to support their business planning & regulatory processes.

Collus PowerStream: Developed their 2013 Cost of Service Application, including over-all evidence strategy, writing evidence, preparing analysis, and developing presentations to their board of directors.

Director Regulation (2009 to 2010) – Corporate & Regulatory Affairs - Hydro One

Support the Vice President and Chief Regulatory Officer in implementing the Regulatory Affairs’ strategies in respect of managing all regulatory matters with respect to Hydro One’s obligations as a regulated distribution utility, and to ensure that the corporation’s strategies and investment program are efficiently supported. Specific accountabilities include:

Manage all regulatory activities that support Hydro One’s distribution business including major rate applications to the OEB,

Manage the approval processes for all major distribution investment projects related to the implementation of renewable energy resources,

Manage Hydro One’s framework for compliance with OEB Licenses, Codes & Market Rules, Develop and promote the Company’s regulatory strategy both internally and externally, Manage the provision of services related to economics and load forecasting, transmission and

distribution cost allocation and rate design and regulatory administration, Manage the approval process for infrastructure initiatives requiring NEB approval, Work closely with the Ontario Power Authority (OPA) in developing plans to support the

Governments Energy Policy (e.g. The Green Energy and Green Economy Act), and Provide input to client groups in advance of OEB applications and assist in the preparation of

quality evidence.

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GREG VAN DUSEN.Regulatory, Risk Management, Planning and Financial Expertise

Director Business Integration – Asset Management - Hydro One (2007 – 2009)Accountabilities included managing a large group of profession staff in the following areas:

Monthly Project Accounting and Reporting: Reporting & analysis of Transmission & Distribution Operational & Capital work program

results, Provide business and financial support to operations groups including defining information

needs, delivering reports and analysis, raising issues and solutions, and Corporate Finance support, including account analysis, and work program costing & pricing

Performance Management: Develop and report on the Corporate Scorecard & Strategy, including regular meetings with

the Operations Committee and the CFO, and Research, develop, & report on Corporate, Operational & compliance measures & targets,

and Provide support and results to regulatory groups for hearings, rate filings and Service Quality

Indicators reporting, and Support operational units by analyzing and reporting on major issues & identify improvement

opportunities.

Information Assets: Manage key asset customer databases such as Power System Data Base (PSDB) and

Network Asset Management Customer Information System to manage technical data, connectivity and enable power system modeling,

Manage Change Control processes for new and modified equipment, and Provide information support, coordination & solutions to support Operations work.

Information Systems Support (Field Units): Develop and manage all Joint Use/Commercial agreements, Support common Integrated IT systems, strategies, development, operations and training for

business units, including Joint Use, Passport, Java, BRPR and WEP and Time Reporting, Manage and support Merger and Acquisition activities, Manage and provide time Reporting reports to all business Units, and

Business Planning and Special Studies: Provide business planning and budgeting support to operations units and for corporate

requirements including the development of integrated Networks staffing plan, Lead corporate strategic initiatives and special studies, including productivity analysis, and Support rate order and other regulatory requirements including evidence preparation,

interrogatory support, cost allocation and rate design modeling.

SAP Implementation (2008/2009): Managed the transition in the Asset Management organization from a PeopleSoft / PassPort

system environment to an SAP environment including Work Management, Finance, Human Resource, Management Reporting and Time Reporting systems, and

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GREG VAN DUSEN.Regulatory, Risk Management, Planning and Financial Expertise

Lead a team of professionals in the post implementation ‘trouble shooting’ and issue resolution

Director - Corporate Accounting Policies & Systems & Regulatory Finance - Corporate Controllers Division (2002 – 2007). In this capacity I was accountable for the following deliverables:

Corporate Accounting: Managed the month end financial close process. Managed the development and analysis of the monthly, quarterly and annual financial statements including liaison with the external auditors. Development of the internal controls associated with financial and disclosure information. Management of the General Ledger (GL) and associated reporting tools to manage the information contained in the GL.

Financial Systems: Accountable for and managing the corporate financial systems (PeopleSoft ERP). Developing the strategies associated with Hydro One's financial systems (PeopleSoft) as well as managing the implementation of system enhancements.

Internal Control: Maintained an effective internal control framework. Management of the financial policies and procedures, Organizational Authorities and Hydro One's response to the Bill 198 internal control requirements. Management of finance's response to internal audits including implementing management's responses.

Common Services & Common Cost Allocation Support: Provided improved planning and reporting support to common services areas (e.g. Finance, Human Resources, Legal etc.) with respect to planning and reporting. Ensuring that the allocation to legal entities was provided on a timely and effective basis for the business planning process.

Outsourcing Support: Provided effective management of the financial outsourced areas (Accounts Payable, Accounts Receivable, Fixed Assets, and General Accounting). Have developed a good relationship with our outsourcing partner (Inergi LP) at all levels in all parts of the organization that have led to a more effective management of issues and costs.

Regulatory Processes: Supporting the Corporations’ financial input into regulatory processes as outlined in legislation, regulation, codes and other documentation (i.e. Accounting Procedures Handbook and the Distribution Rate Handbook). The primary clients are the Ontario Energy Board (OEB) and the Ontario Ministries of Energy and Finance.

Financial Compliance: Overseeing Hydro One’s financial compliance with respect to regulatory filings before regulatory tribunals as required. Recommend, maintain and implement financial strategies, policies and programs as well as undertaking special financial studies.

Regulatory Submissions: The scope of this work included, preparation of regulatory financial submissions (e.g. PBR filing, audited statements, regulated accounts), quarterly filings and associated regulatory reporting processes, evidence preparation, witnessing at hearings, participation on OEB and industry task groups as required, regulatory issue analysis and resolution, and regulatory strategy development and associated supporting analysis.

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GREG VAN DUSEN.Regulatory, Risk Management, Planning and Financial Expertise

EDUCATION

1981-2010 Professional development courses on topics such as, strategic planning, project management, change management, industry restructuring, creative problem solving, and communication skills.

1981 MBA, York University, Toronto. Specializing in Finance and Accounting

1978 BA Honours, York University, Toronto. Mathematics.

APPEARANCES AS AN EXPERT WITNESS BEFORE THE ONTARIO ENERGY BOARD

Proceeding Topic

RP-1998-0001: Transmission Performance Based Regulation Proposal (2000 rates)

EB-2005-0378: Hydro One Networks Inc. Distribution Rate Application for 2006 rates

EB-2006-0501: Hydro One Networks Inc. 2007-2008 Electricity Transmission Revenue Requirement Application

EB-2007-0681: Hydro One Networks 2008 Electricity Distribution RevenueRequirement Application (2008 rates)

EB-2008-0187: Hydro One Networks 2009 IRM Based Rates

EB-2008-0272 Hydro One Networks Inc. Electricity Transmission Revenue Requirement Application (2009/10 rates)

EB-2009-0096 Hydro One Networks Inc. Electricity Distribution Revenue Requirement Application (2010 / 11 rates)

EB-2015-0004 Hydro Ottawa. Electricity Distribution Revenue Requirement Application (2016 to 2020 rates)

PUBLICATIONS

Enterprise Risk Management: A Case Study of Hydro One. Harvard Business School – 2009

REFERENCES

Available upon request

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