MCC Economics advises governments, regulators, and regulated companies on financial and economic regulation across energy, water, aviation, and infrastructure sectors. We help clients design and evaluate price controls, develop tariff frameworks, and assess regulatory models that balance investor confidence, consumer value, and long-term sustainability.
Our work supports regulators and utilities in designing, reviewing, and defending decisions that shape the performance and stability of essential services. We provide rigorous economic and financial analysis to address regulatory challenges, from the cost of capital and financeability to tariff design, benchmarking, and investment appraisal. Our goal is to ensure that every regulatory framework is transparent, proportionate, and grounded in sound economic principles. We provide independent advice across the full regulatory cycle, including design and review of price control frameworks and revenue models, tariff structure and benchmarking analysis for network operators and utilities, cost of capital (WACC) estimation and financeability assessments, regulatory accounting and audit reviews, as well as policy and market assessments to support reform and performance evaluation.
We provide independent advice across the full regulatory cycle, including:
Each project combines technical modelling with clear communication and policy awareness. We work closely with regulators, regulated companies, and consumer bodies to ensure that analysis is credible, transparent, and fit for publication. Our team’s experience within regulators such as Ofgem, Ofwat, and the Civil Aviation Authority allows us to deliver advice that is both independent and practical.
Our team includes economists, consultation specialists, data analysts, and sector experts with direct experience in energy, environment, markets, and infrastructure policy. Projects are managed through agreed milestones and regular client engagement, providing transparency on progress and alignment with departmental objectives. Every output is independently reviewed and quality-assured before submission.
Our carefully chosen team embodies a culture of working together, emphasizing that teamwork is not just an idea but a fundamental part of our success.
Our publications reflect the depth of our work across regulatory finance and economics - from cost of capital analysis to consumer engagement and market design.
Our regulatory economics work spans multiple jurisdictions and sectors. The examples below illus trate how MCC has supported regulators and network companies through complex financial and policy decisions.
We use analytical tools and visual dashboards to make regulatory data accessible and transparent. These resources show how cost drivers, asset values, and price mechanisms evolve across markets.
Explore our Rates of Cost Decline Dashboard video to understand how fast do costs change for each energy technology.
Regulatory Asset Value Dashboard
I was delighted that MCC's work was completed on time, and within budget, helping us deliver important changes and improvements, to the benefit of our stakeholders. MCC's report is published on the CCC website.
I am delighted to recommend MCC Economics. Specifically, I worked closely with PJ, who helped us with our Nuclear and CCUS projects. PJ helped us develop new policies and answer questions from our stakeholders. His support helped us deliver important changes and improvements, to the benefit of our stakeholders.
MCC Economics has helped us better understand the most important issues for our stakeholders, including: charges, shareholder returns, debt payments and inflation impacts.
I am delighted to recommend PJ and his team at MCC Economics. We've been working together on National Policy Statements to help meet net zero targets for 2030 and 2050. We initially appointed to support us on offshore wind consultation analysis and have recently reappointed MCC Economics to undertake a larger consultation analysis role across all sectors, including hydrogen, CCUS and networks. I can confirm that PJ and his team have shown excellent spreadsheet skills, alongside very good project management, planning and analysis skills, helping us deliver important changes, and continuous improvements, to the benefit of our stakeholders.
I am delighted to recommend PJ and his team from MCC Economics. They helped us with our price controls for Heathrow airport and for NATS (En Route) plc (the air traffic services provider). Specifically, the MCC team helped us deliver important changes and improvements to our financial models and supporting policy documents, to the benefit of our stakeholders.
I am delighted to confirm that I worked with PJ on a retail project in 2015. The project helped stakeholders understand electricity costs and charges. Specifically, the project helped us explain to stakeholders, internally and externally, why electricity charges differed across the regions (GB, NI & Ireland). PJ was a key member on the project team, which helped deliver changes and improvements in the understanding of energy retail.
Evidence-based analysis for transparent, defensible, and effective decision-making.
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