Dr. Swan is a founding Principal of Exeter Associates and a senior economist with over 30 years of experience.  For the last 25 years, Dr. Swan has practiced as a consultant, specializing in energy supply and demand analysis, utility cost allocation and rate structure design, utility contract negotiation, antitrust policy, and public utility regulation. He has presented expert testimony in utility rate cases before the Federal Energy Regulatory Commission (FERC) and before numerous state regulatory commissions. He has also directed major projects for the U.S. Department of Energy, the U.S. Air Force, and state commissions on such issues as alternative power supply options, innovative rate structure experiments and implementation, and electric utility industry restructuring. Dr. Swan holds a B.S. in business administration from Ithaca College and a Ph.D. in economics from the University of North Carolina at Chapel Hill.