PUBLIC SERVICE COMMISSION REGULATORY ECONOMIST I & II

GRADE Public Service Commission\r\nRegulatory Economist I - Grade 17\r\nPublic Service Commission\r\nRegulatory Economist II - Grade 18\r\n

LOCATION OF POSITION 6

St. Paul Street. Baltimore, MD 21202\r\n

POSITION DUTIES

Performs Analysis�\r\nPerforms analyses on proposed rates, tariff language,\r\nindustry structure and other topics as needed.\r\nResults are presented verbally or as memoranda, bucksheet\r\nwriteups, reports or testimony.\r\nWork products may support other Division activities as\r\nassigned. Work products may be filed with the Commission. All work products\r\nshould be adequately supported by data and analysis.\r\nResponsibility for testimony requires the employee to serve\r\nas an expert witness, to be cross-examined, and to assist�Staff attorneys\r\nin settlement discussions, hearing preparation, briefing and other aspects of\r\nlitigation.�\r\nPerforms in Bucksheet Program�\r\nPrepares bucksheet recommendations (e.g., utility filings,\r\ntariffs, applications for operating authority, other matters requiring\r\nCommission attention), in order to ensure that time�commitments are\r\nachieved, high productivity and quality are maintained, by using division\r\ntools, and by tracking work content and errors.�\r\nAdvises on Policy�\r\nPlans and develops economic and policy related analyses and\r\nresponds to inquiries by the�Commission, other divisions, and the outside\r\npublic to ensure that these groups have sound technical and policy advice by\r\nconducting studies, writing and presenting testimony, writing advisory\r\nmemoranda, letters, and cross examination questions as required.\r\nServes as a Commission advisor as required.\r\nDepending on the Commission's need for policy advice during\r\nthe performance evaluation cycle, bucksheet program duties may be increased or\r\ndecreased by substitution.\r\n

Working Groups:

\r\nParticipates in or supports other division members'\r\nparticipation in working groups that may include other Staff members and\r\nrepresentatives of utilities and other parties on matters related to energy\r\ncompetition, tariff provisions, utility restructuring and other�subjects.\r\nMonitors Regulatory Events\r\nMonitors changes in the in the regulatory environment to\r\nensure that the Commission is informed of policies which may affect the State\r\nby reading periodicals, regulatory rulings, and attending conferences,\r\nPerforms Miscellaneous Duties\r\nSupports the director by performing miscellaneous duties as\r\nrequired to ensure that the division is managed in an efficient, high quality\r\nand courteous manner. These duties include, but are not limited to, responding\r\nto inquiries from consultants and providers, responding to surveys from\r\nindustry groups and working on complaint resolutions.\r\n

MINIMUM QUALIFICATIONS

Public Service Commission Regulatory Economist\r\nI\r\nExperience:

Four years of\r\nexperience performing�utility, energy policy, economic or econometrically\r\nbased�analysis.\r\n

Notes:

\r\n1. Candidates may substitute the possession of a Bachelor's\r\ndegree in Economics, Engineering, Business, Finance, Accounting, Statistics or\r\nMathematics from an accredited college or university for the required\r\nexperience.\r\n2.�Candidates may substitute U.S. Armed Forces\r\nmilitary service experience as a commissioned officer in accounting\r\nclassification or accounting specialty codes in the accounting and budget group\r\nfield of work on a year-for-year basis for the required experience.\r\n�\r\n

Public Service Commission Regulatory Economist\r\nII\r\nExperience:

Five years of\r\nperforming utility, energy policy, economic or econometrically-based analysis,\r\nincluding one year of experience�with a public service commission,\r\nconsulting organization or regulated enterprise.\r\n

Notes:

\r\n1. Candidates may substitute the possession of a Bachelor's\r\ndegree in Economics, Engineering, Business, Finance, Accounting, Statistics or\r\nMathematics from an accredited college or university and one year of experience\r\nwith a public service commission, consulting organization or regulated\r\nenterprise performing utility, energy policy, economic\r\nor�econometrically-based analysis for the required experience.\r\n2.�Candidates may substitute the possession of a\r\nMaster's degree in Economics, Engineering, Business, Finance or a�related\r\ndiscipline from an accredited college or university for�the required\r\nexperience.\r\n3.�Candidates may substitute U.S. Armed\r\nForces�military�service experience as a commissioned officer in\r\naccounting classification or accounting specialty codes in the accounting and\r\nbudget group field of work on a year-for- year basis for the required\r\nexperience.\r\n

DESIRED OR PREFERRED QUALIFICATIONS

At least one (1) year of experience working for a utility\r\nregulatory commission for level I and two (2) years of experience for level\r\nII�\r\nAt least one (1) year of experience writing on technical or\r\nbusiness topics and two (2) years of experience for level II.� \r\nExperience using Microsoft Office suite.\r\nExperience using Microsoft Excel to analyze data and\r\nperform calculations.\r\nDemonstrated knowledge of methods of financial analysis\r\nincluding DCF and CAPM.\r\nCoursework in econometric or financial analysis, electrical\r\npower engineering, applied mathematics, statistics, or related technical fields\r\nof study.\r\n

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle.\r\n\r\n\r\nEmployees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.\r\n\r\n

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date.�We will not consider information submitted after this date.�Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the�eligible (employment) list for at least one year.\r\n

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position.�It is important that you provide complete and accurate information on your application.�Please report all experience and education that is related to this position.\r\n

BENEFITS STATE OF MARYLAND

BENEFITS\r\n

FURTHER INSTRUCTIONS

Online applications are highly recommended. However, if you are unable to apply online,�the paper application and supplemental questionnaire may be submitted to:�Department of Budget and Management, Recruitment and�Examination Division, 301 W. Preston St., Baltimore, MD 21201.�Paper application materials must be received in our office�by the�closing date for the recruitment. No postmarks will be accepted.\r\nFor questions regarding this recruitment, please contact the�DBM Recruitment and�Examination Division at Application.

Help@maryland.gov�or 410-767-4850,�MD TTY Relay Service 1-800-735-2258.\r\nWe thank our Veterans for their service to our country.\r\nPeople with disabilities and bilingual candidates are encouraged to apply.\r\nAs an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.\r\n