Founded in 2004
WK Palmerton Associates LLC (WKPA) was formed in 2004 to provide management and transaction consultancy services to a wide array of client’s. WKPA’s principle consultant W. Kent Palmerton has a diverse background in management and transaction based consulting. In his practice and while employed by others Mr. Palmerton served in Senior and Executive Management positions in both the public and private sector for nearly 30 years.
30+ years of diverse experience in the electric industry:
in both the private and public sectors, in Executive Management and directing activities related to wholesale and retail load service; enterprise risk management; generation and transmission development and interconnections; competitive market participation and design; utility planning and operations; reliability organizations; corporate communications, government and regulatory affairs.
Mr. W. Kent Palmerton has over 37 years of diverse experience in the electric industry, in both the private and public sectors, in Executive Management and directing activities related to wholesale and retail load service; enterprise risk management; generation and transmission development and interconnections; competitive market participation and design; utility planning and operations; reliability organizations; corporate communications, government and regulatory affairs.
Mr. Palmerton founded WK Palmerton Associates, LLC (“WKPA”) in 2004 to provide management and transaction consultancy services to the electric industry. As a consultant, he most recently has served for ten (10) years as General Manager of the Power and Water Resources Pooling Authority, a California Publically Owned Electric Utility, providing electric service at retail to many of the State’s largest Irrigation and Water Districts. Mr. Palmerton developed the Pooling Authority’s risk management policies, pool cost allocation methodologies and operating protocols, retail rate methodologies and power reconciliation metrics, as well as developing various procurement models and and hedge strategies.
Other WKPA clients and assignments have included investment banks and hedge funds seeking investments in power projects across the west, the City and County of San Francisco, San Diego Gas and Electric Company and the CPUC Department of Rate Payer Advocates. Mr. Palmerton has held Vice President and similar level positions with two Fortune 500 Merchant Generator companies where he was responsible for originating structured power products, ISO market development and government affairs in the eleven Western States.
Earlier in his career Mr. Palmerton spent 15 year on the executive management team at NCPA, a large California Joint Action Agency serving the aggregated electric loads of ten (10) interconnected publically owned electric utilities and constructing and operating geothermal, hydro, and gas fired generation for 14 of NCPA’s 15 members. Mr. Palmerton began his career in the Pacific Northwest where he made a number of contributions to the NW Regional Power Planning Council when on loan from the Washington Water Power Company.
Mr. Palmerton holds a BS in Electrical Engineering from Washington State University and an MBA from Eastern Washington State University. He has two grown children, is an active general aviation pilot and sportsman and he and his wife Nancy are dedicated patrons of the Arts.
2005 – 2015 – WKPA retained to provide General Manager Services to the Power and Water Resources Pooling Authority (PWPRA) – operated a virtual electric Utility with 3 FTE’s as subcontractors
2007-2008 – Mojave Coal Fired Project Conversion to Natural Gas – WKPA was part of a syndicate to retro-fit the Mojave Coal Fired Project to burn clean Natural Gas in order to 1) clean up the particulate pollution impacting the Grand Canyon; 2) to sell Clean Natural Gas fired power into the LA Basin to SCE. The 2008-9 Financial Market crash took away our money source and the project was dismantled.
2009-2010 – City and County of San Francisco, CCA – WKPA organized a syndicate of 14 to serve, at retail, the load of the City and County of San Francisco – created a marketing company Power Choice Inc. and obtained “Market Based Rate Authority” from Federal Regulators – Annual Gross Revenues forecasted at $1.1 Billion – the City terminated negotiations after the June 2010 Elections
2014-15 – WKPA was part of a syndicate that bid to provide CCA services to Sonoma County and the city of Lancaster – came in second
2016 – WKPA formed a new LLC – Tanoak with two others to bid Professional Services to new Community Choice Aggregation programs (CCAs) – Humboldt County, Lake County, and others. We were shortlisted in Humboldt but didn’t prevail, Lake County postponed their decisions on service providers.
William Kent Palmerton is a
Controlling owner of:
- WK Palmerton Associates LLC: Management and Transaction Consultancy;
- Power Choice Inc.: Power Marketing Company with FERC Market Based Rate Authority;
- Air Transportation Alternatives LLC: Aircraft ownership and leasing.
Minority owner in:
- Tanoak Energy Advisors LLC: CCA Professional Services
- GreenSparc Energy Advisors LLC: Professional Services;
- GreenSparc Inc.: Professional Services.
- Sterling Energy Management LLC: Power Plant and Energy Market Professional Services