Owen Smith is a principal with RMI’s electricity practice, focusing on new utility business models and pricing structures and the integration of distributed energy resources. Owen joined RMI in 2013.
Prior to joining RMI, Owen was with Duke Energy for 11 years where he developed a broad base of experiences in the electric utility industry through a number of distinct leadership roles across the company. A significant portion of his time at Duke Energy was focused on addressing needs and identifying opportunities pertaining to renewable energy within the company’s multi-state regulated utility business. In this regard, Owen led multiple cross-functional teams including ones focused on the deployment of utility-owned distributed scale and utility scale solar assets, including business case development, regulatory approvals, and project execution. Owen also led Duke’s efforts to assess the operational impacts of variable renewable resources, and to develop new utility rate structures to better reflect their costs and benefits; as well as to enable customers to procure renewable energy through the utility. Through these experiences Owen holds a deep understanding of utility regulation and legislative matters across multiple states, rate design, utility business models, distributed energy resources, and investment and operational requirements to accommodate growth of variable renewables.
Owen’s earlier work at Duke included roles of increasing levels of responsibility across multiple areas of the company, including mergers and acquisitions; corporate growth initiatives; finance; and customer marketing and research. Prior to joining Duke, Owen’s experience included quantitative modeling and forecasting at FedEx and commercial banking with BB&T.
- BA in Industrial Psychology, East Carolina University (1997)
- MBA concentrating in Finance, Wake Forest University (2002)