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Rate Analyst - Military Veterans

at Public Utility Commission

Perform complex to highly advanced regulatory work that includes analysis of utility cost allocation, cost unbundling, and rate design in areas subject to rate regulation. Work involves evaluating rates, costs, pricing, and tariff provisions. Maintain contact with representatives of utilities and consumers and with other Commission staff members. Work under general to minimal supervision with moderate to extensive latitude for the use of initiative and independent judgment.

ESSENTIAL FUNCTIONS:

·         Analyze cost allocation studies and rate design issues for regulated electric, telephone, and water and sewer utilities and competitive providers, and examine the effect of these issues in the context of regulated and competitive electric, telecom, and water and sewer markets.

·         Analyze and formulate policy positions on projects and proceedings assigned to the Rate Regulation Division.

·         Analyze economic and statistical issues related to the regulated electric, telephone, and water and sewer utility industries as well as issues pertaining to competitive providers in these industries.

·         Prepare and present written and oral testimony as an expert witness on allocation, rate design, and pricing in docketed proceedings before the Commission and the State Office of Administrative Hearings.

·         Review and make recommendations on issues in Commission dockets and projects including, but not limited to tariff revisions, registrations and certifications, performance measures, and compliance with Commission rules and procedures.

·         Participate in rulemakings and the development of reports and provide recommendations on electricity, telecommunications, and water and sewer issues.

·         Perform analysis of policy issues associated with the regulation of electric, telecommunications, and water and sewer utilities.

·         Develop mechanisms to allow Commission and staff to address electric, telecommunications, and water and sewer issues in non-docketed proceedings, such as special committees, industry workshops, and task forces, and prepare briefing materials and other support as necessary.

·         Review electric, telecommunications, and water and sewer industry tariff filings.

·         Provide administrative support to cities and telecommunications utilities on matters involving statewide telecommunications franchise fees.

·         Continue professional development and maintain knowledge of contemporary issues affecting electric, telecommunications, and water and sewer utilities.

·         Respond to inquiries from utilities, Commission staff, other government agencies, and the general public regarding utility rate issues and other industry matters.

·         Demonstrate a spirit of teamwork, offering positive and constructive ideas, encouragement, support to other members of the staff and team, and respond professionally to constructive feedback from others, while upholding the PUC’s mission and core values.

·         Adhere to all agency personnel policies and division procedures and perform other work as assigned.

REQUIRED MINIMUM QUALIFICATIONS:

·         Financial Analyst I: Bachelor's degree from an accredited college or university with a degree in economics, business administration, finance; a minimum of twelve (12) semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus.

·         Financial Analyst II: Bachelor's degree from an accredited college or university with a degree in economics, business administration, finance; a minimum of twelve (12) semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus; and a minimum of one (1) years of full-time work experience in a position involving utilities, economic, statistical, or regulatory analysis.                                                                     

·         Financial Analyst III: Bachelor's degree from an accredited college or university with a degree in economics, business administration, finance; a minimum of twelve (12) semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus; and a minimum of two (2) years of full-time work experience in a position involving utilities, economic, statistical, or regulatory analysis.

·         Financial Analyst IV: Bachelor's degree from an accredited college or university with a degree in economics, business administration, finance; a minimum of twelve (12) semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus; and a minimum of three (3) years of full-time work experience in a position involving utilities, economic, statistical, or regulatory analysis.

PREFERRED QUALIFICATIONS:

·         Graduate degree in economics, business administration, finance, or related field, or relevant professional certification (such as CPA, CFA, etc.).

·         Two (2) years’ experience in a position of responsibility in the regulation of electric, telecommunications, or water and sewer utilities; electric utility cost allocation; or economic research and analysis relating to the electric, telecommunications, or water and sewer industries, or a combination of these.

·         Experience as an expert witness in major regulatory proceedings.

·         Experience performing regression analyses using common statistical software packages.

·         Knowledge of Commission rules, policies, and procedures.

Austin, TX

Contact Information
Salary Range
$60,000 to $110,000
Public Utility Commission

The Public Utility Commission of Texas (PUC) regulates the state's electric, telecommunication, and water and sewer utilities, implements respective legislation, and offers customer assistance in resolving consumer complaints. It does so while working to protect customers, foster competition, and promote high quality infrastructure. The PUC was born in 1975 when the Texas Legislature enacted the Public Utility Regulatory Act (PURA) and charged the agency with providing statewide regulation of the rates and services of electric and telecommunications utilities. As a result of deregulation and the institution of a competitive energy market, the PUC's mission and focus shifted from regulation of rates and services to oversight of competitive markets and compliance enforcement of statutes and rules for the electric and telecommunication industries, focused on ensuring customers receive the benefits of competition. For water and sewer utility service, however, the focus remains on the regulation of rates and services. The PUC continues to perform its traditional regulatory function for electric transmission and distribution utilities across the state. Additionally, while integrated electric utilities outside of the ERCOT power grid remain fully regulated by the PUC, the PUC is increasingly involved in multi-state efforts to implement wholesale electric competitive market structures and transmission planning in the Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) areas. In 2013, the Texas Legislature transferred the economic regulation of water and sewer utilities to the PUC. This transfer involved the functions with respect to the regulation of water and sewer rates and services, Certificates of Convenience and Necessity (CCNs) and Sale/Transfer/Mergers from the Texas Commission on Environmental Quality (TCEQ) to the PUC.

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