PUBLIC SERVICE RATE CASE ANALYST II

State of Arkansas•Little Rock, AR
•$78,130 - $115,632

About The Position

This senior-level position provides research, technical analysis, and direct advisory support to Commissioners on matters pending before the Arkansas Public Service Commission. The analyst serves as a lead analyst on complex regulatory dockets, identifying, evaluating, and tracking significant issues for Commission decisions. The role analyzes rate cases, formula rate plans, transmission siting proceedings, renewable energy proposals, strategic utility investments, net-metering matters, tax issues, depreciation studies, and other proceedings affecting Arkansas utilities and ratepayers. The lead analyst coordinates review of assigned dockets, researches significant legal, financial, policy, and technical issues, and works with the Commission’s advisory team to develop recommendations and provide Commissioners with information for informed decisions. The position also monitors and analyzes Federal Energy Regulatory Commission proceedings that may affect Arkansas-jurisdictional utilities, wholesale electricity markets, transmission costs, and Arkansas ratepayers. The Public Service Rate Case Analyst II conducts in-depth financial, economic, and regulatory analysis of utility rate cases to help ensure just and reasonable rates for Arkansas consumers. The work includes reviewing cost-of-service studies, evaluating utility rate structures, and making recommendations to state regulators regarding rate adjustments and policy changes. It requires substantial regulatory knowledge, independent judgment, and the ability to synthesize extensive records into clear and timely analysis.

Requirements

  • At least five years of experience in rate analysis, financial analysis, economic forecasting, or a related field.
  • Strong knowledge of financial analysis, cost-of-service studies, and economic modeling.
  • Proficiency in Microsoft Excel, database management, and statistical analysis tools.
  • Ability to interpret utility rate structures, tariffs, regulatory filings, and revenue allocation methods.
  • Understanding of public utility regulations, accounting principles, and economic forecasting.
  • Advanced analytical and problem-solving abilities to assess complex regulatory and financial issues.
  • Effective written and verbal communication skills to convey technical findings clearly.
  • Other job-related education and/or experience may be substituted for all or part of the basic requirements, except certification or licensure requirements, upon approval of the Qualifications Review Committee.

Nice To Haves

  • An advanced degree in accounting, financial analysis, economics, statistics, or another quantitative analysis/STEM discipline.

Responsibilities

  • Conduct detailed analysis of rate case applications, cost-of-service studies, and financial reports submitted by public utilities.
  • Evaluate tariffs, revenue requirements, and rate designs for compliance with Arkansas regulatory standards.
  • Develop economic models and forecasting tools to assess the financial impact of proposed rate changes.
  • Investigate utility operating expenses, capital investments, and revenue allocations to assess the fairness of rate adjustments.
  • Monitor industry trends, regulatory changes, and economic factors affecting utility services in Arkansas.
  • Prepare technical reports, recommendations, and presentations on rate cases for senior analysts, Commission staff, and policymakers.
  • Draft expert testimony, regulatory filings, and official Commission documents.
  • Present findings and defend analyses during public hearings, Commission proceedings, and stakeholder meetings.
  • Assist in negotiating settlements with utility companies and consumer advocates on rate-related matters.
  • Respond to inquiries from utilities, consumer groups, and government officials regarding rate cases and regulatory policies.
  • Participate in industry meetings, training sessions, and professional development programs to stay informed about regulatory best practices.
  • Coordinate review of assigned regulatory dockets and identify and research significant legal, financial, policy, and technical issues.
  • Monitor and analyze proceedings before the Federal Energy Regulatory Commission that may affect Arkansas-jurisdictional utilities, wholesale electricity markets, transmission costs, and Arkansas ratepayers.
  • Work with the Commission’s advisory team to develop recommendations and provide Commissioners with information necessary to make informed decisions.
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