Public Utilities Regulatory Analyst II

State of North Carolina

6d

About The Position

Are you looking to find meaningful work and positively impact the lives of the residents of North Carolina? If your answer is yes, then we want you to join our team at the Utilities Commission and make a difference. The Department of Commerce, Division of Public Staff Utilities Commission, is looking for an Public Utilities Regulatory Analyst II. This position is assigned to the Energy Research, Economics, and Modeling Division. The primary purpose of the Public Utilities Regulatory Analyst II position is to investigate and analyze filings by electric, natural gas, water, and transportation utilities regarding long-range sales and demand econometric and end-use forecasts. This position will investigate utilities (integrated resource plan) IRP filings that includes a review of the inputs and optimized results using linear programing and computer simulations that underline the combination of least cost resources with IRP models. Division responsibilities include but are not limited to: • Review similar models that calculate the marginal costs to produce energy and capacity rates as established in the Public Utility Regulatory Policies Act (PURPA). • Review cost-benefit analysis in a variety of utility applications. Such investigations may involve the development of independent load forecasts, IRP models, and energy production models. • Investigates and prepare independent analyses on the cost of capital for utilities that involves the determination of the investor required rate of return in order to appropriately allow the utility the opportunity to attract capital. • Prepares written testimony which supports the recommendations to testify before the Commission and other intervenors. Provide assistance to the attorney(s) on writing proposed Orders. This is a full-time position (40 hours per week) with State Benefits, including health insurance, as well as retirement. Incentives of NC State Employment We value our employees and offer a wide variety of competitive and family-friendly. Benefits to include: • 12 Annual Paid Holidays and monthly accrual of vacation and sick leave. • North Carolina State Health Plan administered by Aetna. • Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental, and Vision. • NC State Retirement (TSERS), 401(k), and 457 savings plans. • WeSave Employee Discounts. • Eligibility for the Public Service Loan Forgiveness Program. Learn more about new hire resources, safety, health, and wellness information, leave options, employee discounts and more by selecting the link below: https://oshr.nc.gov/state-employee-resources/benefits Note to Current State Employees The salary grade for this position is NC20. State employees are encouraged to apply for positions of interest even if the salary grade is the same as, or lower than, their current position. If selected for this position, a new salary will be recalculated taking into consideration the quantity of relevant education and experience, funding availability, and internal equity. Based upon those factors, a pay increase MAY result.

Requirements

• Knowledge of economic, statistical, and financial and practices as it relates to the regulation of public utilities.
• Knowledge of econometric forecasting and electric utility planning models that optimize a least cost combination of resources associated with the production of electrical energy and a knowledge of generation dispatch models.
• Knowledge of corporate finance and associated debt and equity markets.
• Knowledge of advanced statistical analysis or predictive modeling/algorithms and use those tool to analyze utility data and present findings.
• Ability to prepare and present written and render oral analysis and findings before the Utilities Commission.
• Bachelor’s degree in accounting, banking, finance, business administration, public administration, economics, or related discipline from an accredited institution and three years of directly related experience; Or; An equivalent combination of education and experience.

Responsibilities

• Investigate and analyze filings by electric, natural gas, water, and transportation utilities regarding long-range sales and demand econometric and end-use forecasts.
• Investigate utilities (integrated resource plan) IRP filings that includes a review of the inputs and optimized results using linear programing and computer simulations that underline the combination of least cost resources with IRP models.
• Review similar models that calculate the marginal costs to produce energy and capacity rates as established in the Public Utility Regulatory Policies Act (PURPA).
• Review cost-benefit analysis in a variety of utility applications.
• Develop independent load forecasts, IRP models, and energy production models.
• Investigates and prepare independent analyses on the cost of capital for utilities that involves the determination of the investor required rate of return in order to appropriately allow the utility the opportunity to attract capital.
• Prepares written testimony which supports the recommendations to testify before the Commission and other intervenors.
• Provide assistance to the attorney(s) on writing proposed Orders.

Benefits

• 12 Annual Paid Holidays and monthly accrual of vacation and sick leave.
• North Carolina State Health Plan administered by Aetna.
• Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental, and Vision.
• NC State Retirement (TSERS), 401(k), and 457 savings plans.
• WeSave Employee Discounts.
• Eligibility for the Public Service Loan Forgiveness Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level