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Public Service Rate Case Analyst I
The Public Service Rate Case Analyst I is an entry-level professional responsible for analyzing utility rate cases, financial data, and regulatory filings to ensure fair and reasonable rates for Arkansas consumers. Working under the direction of senior analysts and regulatory staff, this role involves reviewing utility company filings, conducting economic and financial research, and preparing reports and recommendations for commission proceedings.
Class Code:
FRC01P
Job Grade:
SPC03
Special Job Requirements:
Typical Functions:
Analyze utility rate filings, cost-of-service studies, and financial reports to assess the reasonableness of rate requests. Review and evaluate tariffs, rate structures, and service policies to ensure compliance with regulatory standards. Assist in investigating ratepayer complaints and utility service issues related to public utility operations. Support senior analysts in developing economic models, forecasts, and financial impact assessments for regulatory cases. Conduct quantitative and qualitative research on utility rate trends, cost recovery mechanisms, and industry benchmarks. Assist in the preparation of comparative analyses of utility companies to assess efficiency and compliance with regulations. Compile, organize, and interpret financial and operational data from regulated utilities. Prepare written reports, recommendations, and summaries for review by senior analysts and commission staff. Assist in drafting technical memoranda, regulatory filings, and official commission documents. May be required to provide support during public hearings, technical workshops, and rate case proceedings. Assist in responding to inquiries from utilities, consumer groups, and government officials regarding rate cases and regulatory matters.
Knowledge, Abilities, and Skills:
Knowledge of financial analysis, accounting principles, and economic modeling. Proficiency in Microsoft Excel, database management, and statistical analysis tools. Ability to interpret utility tariffs, regulatory filings, and cost-of-service studies. Understanding of public utility regulations, rate design principles, and economic forecasting. Strong analytical and problem-solving abilities to assess complex regulatory and financial issues. Effective written and verbal communication skills to convey technical findings clearly.
Minimum Qualifications:
At least three years of experience in rate analysis, financial analysis, economic forecasting, or a related field. Satisfaction of the minimum qualifications, including years of experience and service, does not entitle employees to automatic progression within the job series. Promotion to the next classification level is at the discretion of the department and the Office of Personnel Management, taking into consideration the employee’s demonstrated skills, competencies, performance, workload responsibilities, and organizational needs.
Required Certificates:
None OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.
Exempt:
E