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PUBLIC SERVICE COMMISSION REGULATORY ECONOMIST I

Recruitment #21-000592-0006

Introduction

The Maryland 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 Regulatory Economist in the Telecommunications, Gas and Water Division. 

GRADE

17

LOCATION OF POSITION

William Donald Schaefer Tower

6 St. Paul Street 

Baltimore, Maryland 21201

Main Purpose of Job

Regulatory Economists perform economic and regulatory analyses, prepare testimony, conduct policy analyses, and undertake projects and studies for the Commission’s consideration. A Regulatory Economist works with a team of accountants, engineers, and attorneys to determine the recommended prices, policies or contract terms that a telecommunications, gas or Water company will charge its customers. Regulatory Economists are expected to develop and maintain a comprehensive understanding of Maryland’s telecommunications, gas, and water utility sectors, including financial and economic principles, regulatory and industry practices, business operations,legal environment, and customer behavior.

POSITION DUTIES

The primary duties of this position is to develop 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 economic analysis of rates, tariff language, industry structure, regulations, and other topics as needed. Employees will testify as expert witnesses, make presentations, prepare written reports or otherwise communicate the results of their analysis in both informal and contested situations. A Regulatory Economist may also represent the Telecommunications, Gas and Water Division as a member of a working group tasked with developing rules, reports, agreements, or other tasks. Strong writing and verbal communication skills are needed to perform the duties of this position.

MINIMUM QUALIFICATIONS

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

Experience: None.

Notes: 

1. Candidates may substitute additional experience performing utility, energy policy, economic or econometrically-based analysis on a year-for-year basis for the required education.

2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in accounting classification or accounting specialty codes in the accounting and budget group field of work on a year-for-year basis for the required education.

DESIRED OR PREFERRED QUALIFICATIONS

Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.

Experience working for a utility regulatory commission. 

Experience writing on technical or business topics.

Experience using Microsoft Office suite. 

Knowledge of and experience with 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.

LICENSES, REGISTRATIONS AND CERTIFICATIONS

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.

SELECTION PROCESS

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.

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.

BENEFITS

FURTHER INSTRUCTIONS

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., 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 contact the DBM Recruitment and Examination Division at Application.Help@maryland.gov or 410-767-4850, 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.

For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must be provided prior to hire.