PUBLIC SERVICE COMMISSION REGULATORY ECONOMIST I

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 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.

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William Donald Schaefer Tower

6 St. Paul Street

Baltimore, Maryland 21201

Regulatory Economists perform economic and regulatory analyses, prepare testimony, conduct policy analyses, and undertake projects and studies for the Commission’s consideration 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. Regulatory Economists are expected to develop and maintain a comprehensive understanding of Maryland’s electric utility sector, including financial and economic principles, regulatory and industry practices, business operations, legal environment, and customer behavior.

The primary duty 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: 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. 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 Electricity Division as a member of a working group tasked with developing rules, reports, agreements, or other tasks which support Maryland’s energy markets. Strong writing and verbal communication 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. 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.

Experience working for a utility regulatory commission.  

Experience writing on technical or business topics.

Experience using Microsoft Office suite.

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.  You must meet the minimum qualifications to be considered.  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. All information concerning your qualifications must be submitted by the closing date.  We will not consider information submitted after this date. Resumes may not be submitted in lieu of completing the employment application.  Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

The examination will consist of a rating of your education, training, and experience as presented on your application and as they relate to the requirements of the position.  You may be asked to complete a supplemental questionnaire.  The supplemental questionnaire may be used as part of the rating process.  Therefore, it is important that you provide complete and accurate information on your application.

STATE OF MARYLAND BENEFITS

The online application process is STRONGLY preferred.  If you are unable to apply online, you may mail a paper application and supplemental questionnaire to:

Department of Budget and Management 

Recruitment and Examination Division

301 W. Preston Street, Room 608

Baltimore, MD 21201 

All mailed documents must include the applicant's name and the job number and must be received by the closing date.  Resumes will NOT be accepted in lieu of completing the application. If you have any questions concerning the recruitment process for this position, please call 410-767-4850.

TTY Users: call via Maryland Relay

As an equal opportunity employer Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity.

People with disabilities and bilingual applicants are encouraged to apply.

We thank our Veterans for their service to our country, and encourage them to apply.