Cost Studies
In-depth analysis of utility costs to support fair, transparent, and data-driven rate setting.
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Cost of Capital Analysis
Clear analysis for utility financing needs to find just and reasonable returns for investors.
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Regulatory Testimony &
Policy Guidance
Defensible insights to support informed decisions for filings and policy development.
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Rate Design
Get customized rate structures that balance economic and regulatory goals and customer equity.
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30
Years Of Experience
About CDK Consulting
CDK Consulting is a consulting firm specializing in advisory services related to economics, regulation, and policy within the utility industry. We offer cost studies, rate design, costs of capital analysis, and regulatory testimony through which we help utilities and regulatory agencies handle the challenges with clarity and confidence.
CDK Consulting was founded by Clark Kaml, a veteran consultant and author. Through his 30 years of experience, CDK Consulting does not stop with technical analysis but goes beyond that to provide strategic insight connecting financial data and public interest. Whether it involves unpacking the details of a cost study or presenting expert testimony in a regulatory hearing, we strive to ensure transparency, accuracy, and fairness in every engagement.
About Clark Kaml
Clark Kaml has expertise in multiple utility sectors as a highly experienced utility consultant, author, and policy strategist. He has decades of experience tackling the financial and regulatory complexities of the utility industry. Kaml has also made a name for himself by offering his insights to distill technical concepts into practical applications. He is a known expert in cost study analysis, rate design, and other issues pertaining to the cost of capital for public utilities.
Clark Kaml has also written a book, “Don’t Fear the Cost Study,” to help people understand the principles of economics. With this book, he wants to help regulators and decision makers make well-informed choices. His findings offer a simplified version of technical analysis so it can be applied to public policies. Kaml’s vision introduces long-term thinking in the economic industry to shape a better future for society.
About Me
Team Member
Let’s Build a Clear & Credible Utility Strategy!
Our Process
How We Build a Strategy
Aligned with Your Goals
We listen first
Practical and analytical approach
Situation-based customized models
Serve long-term objectives
Let’s Get Aligned
We start by learning about your goals, challenges, and what’s on the table, so we can focus on what really matters.
Dig Into the Data
Next, we break down your numbers and build a cost study that makes sense and holds up under scrutiny.
Design with Purpose
We can show the analysis in clear rate structures and smart policy ideas tailored to your needs.
Stand by You at Every Step
Be it filings or hearings, we’re with you, offering expert support wherever and whenever it’s needed.
“Finally, a breakdown of utility rate design that actually makes sense. This blog took something super complex and made it surprisingly digestible. Loved the real-world examples!”
Jennifer R.
“I’ve been working in rate cases for years, and this is one of the clearest explanations I’ve seen on how pricing structures come together. Clark Kaml really gets it.”
Kevin L.
“It’s easy to forget how much thought goes into a utility bill. This post was a great reminder that fair pricing is about more than just numbers, it’s about values, too.”
Lena H.
“I sent this article to two new analysts on our team. It’s a great primer and sparked a really productive conversation about our current rate structure.”
Oliver T.
“I appreciate how this post doesn’t shy away from the complexity but still keeps it relatable. The part about balancing goals really hit home for our utility.”
Fatema N.
Virtual Consultation
On-Point Online
Utility Consultation
Schedule Hours
New Book Launch
Don’t Fear the Cost Study
By Clark Kaml
It’s a guide that unpacks the often misunderstood world of utility cost analysis. Combining policy insight with plain language, the book demystifies cost studies, rate design, and regulatory decision-making, empowering analysts, executives, and regulators to make smarter, more transparent choices in the public utility space.




