General Statement of Duties Supplemental Information
This position is responsible for evaluating very complex rate filings, tariff filings, and service proposals for the largest regulated gas, electric and water utility companies. The work also involves technical direction and review of work performed by all junior rate analysts. The work consists of evaluating and proposing alternatives to utility company proposed rate structure, allocations of revenue requirements to classes of customers, conducting or reviewing cost studies, and may include determining the appropriate rate of return, conducting cost of capital studies and evaluating delivery of service proposals. This position is responsible for evaluating regulatory matters, developing a position, testifying in public hearings and assisting legal counsel in the preparation of briefs and pre-filed testimony.
Examples of Duties – Supplemental Information
Analyze cost allocation studies and rate design issues for regulated electric, gas, water and wastewater utilities and examine the effect of these issues in the context of regulated and competitive markets.
Analyze and formulate policy positions on projects and proceedings assigned to the Division’s Rate Department.
Analyze economic and statistical issues related to the regulated electric, gas, water and wastewater utilities.
Prepare and present written and oral testimony as an expert witness on allocation, rate design, and pricing in docketed proceedings before the Public Utilities Commission.
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.
Perform analysis of policy issues associated with the regulation of electric, gas, water and wastewater utilities.
Review electric, gas, water and wastewater utilities industry tariff filings.
Continue professional development and maintain knowledge of contemporary issues affecting electric, gas, water and wastewater utilities.
Respond to inquiries from utilities, Commission staff, other government agencies, and the general public regarding utility rate issues and other industry matters.
Education & Experience Supplemental Information
The ideal candidate has experience as a Financial Analyst within a highly regulated field, preferably within the Public Utilities sector. Experience could be working for a regulatory body, or for a regulated utility. The ideal candidate has at least ten (10) years of experience as a Financial Analyst.
The ideal candidate has knowledge of generally accepted accounting procedures and practices, has background in financial modeling and analysis, understands basic concepts of a regulatory framework.
The ideal candidate has a general knowledge of the rules, regulations, decisions, practices and procedures of the RI Public Utilities Commission and the Federal Energy Regulatory Commission.
Candidates must have a bachelors degree from accredited college or university in accounting, economics, finance, business administration, or statistics/analytics. Advanced degrees and certifications a plus.