PUBLIC SERVICE COMMISSION REGULATORY ECONOMIST I

The Public Service Commission (PSC or Commission) regulates public utilities and certain passenger transportation companies doing business in Maryland.  The Commission regulates gas, electric, telephone, water, and sewage disposal companies. Also subject to the jurisdiction of the Commission are electricity suppliers, fees for pilotage services to vessels, construction of a generating station and certain common carriers engaged in the transportation for hire of persons. The PSC’s jurisdiction extends to taxicabs operating in the City of Baltimore, Baltimore County, Cumberland, and Hagerstown.

The categories of regulated public service companies are listed below: electric utilities; gas utilities; combination gas and electric utilities; telecommunications companies; water, and water and sewerage companies; passenger motor vehicle carriers (sedans, limousines, and buses); railroad companies; taxicab companies; and other public service companies.

The Commission is empowered to hear and decide matters relating to:  (1) rate adjustments; (2) applications to exercise or abandon franchises; (3) applications to modify the type or scope of service; (4) approval of issuance of securities; (5) promulgation of new rules and regulations; and (6) quality of utility and common carrier service

The Maryland Public Service Commission has a position available for a PSC Regulatory Economist in the Electricity Division.

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William Donald Schaefer Tower

6 St. Paul Street

Baltimore, MD 21201

Perform research and analysis to determine prices for electricity and related energy services.  A Regulatory Economist works with a team of accountants, engineers, and attorneys to determine the recommended prices, policies or contract terms that an electric company will charge its customers for electric power.

The primary duty of this position is to provide expert testimony as well as analytical and policy support to the Commission, directly or through the support of other division employees, in several areas including:  electric power prices, energy markets and energy competition, renewable and distributed energy systems, the development of competitive energy markets, barriers to electric market competition and complaints of anti-competitive activities.  A Regulatory Economist may also represent the Electricity Division as a member of a working group tasked with developing rules, reports, agreements, or other tasks which support the Commission energy markets.

Strong writing skills are needed to perform the duties of this position.

Education:  A bachelor's degree in Economics, Engineering, Business, Finance, Accounting, Statistics or Mathematics from an accredited college or university.

Experience:  None

Notes: 

1. Additional experience performing utility, energy policy, economic or econometrically based analysis may be substituted on a year-for-year basis for the required education.

2. Candidates may substitute U.S. Armed Forces military experience as a commissioned officer in any of the field areas noted in the education section above.

Experience working for a utility regulatory commission.  

Experience using Microsoft Office suite.

Knowledge of methods of financial analysis including DCF and CAPM.

Experience using Microsoft Excel to analyze data and perform calculations.

Coursework in econometric or financial analysis, electrical power engineering, applied mathematics, statistics, or related technical fields of study.

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

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.   

The examination will consist of a rating of your education, training, and experience related to the requirements of the position.  You may be required to complete a qualifications supplement, or the rating may be based on your application.  Therefore, it is important that you provide complete and accurate information on your application.  Report all experience and education that is related to this position.

STATE OF MARYLAND BENEFITS

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., Suite 608, Baltimore, MD 21201. Paper application materials must be received in our office by the closing date for the recruitment.  No postmarks will be accepted.

For questions regarding this recruitment, please call 410-767-1697. MD TTY Relay Service 1-800-735-2258.

We thank our Veterans for their service to our country. People with disabilities and bilingual candidates are encouraged to apply. As an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.