Public Utility Analyst I (#MABL01)
$41,255.00 Yearly Min / $51,569.00 Yearly Mid / $61,883.00 Yearly Max

Public Utility Analyst II (#MABL02)
$52,894.00 Yearly Min / $66,118.00 Yearly Mid / $79,342.00 Yearly Max

Public Utility Analyst III (#MABL03)
$63,733.00 Yearly Min / $79,666.00 Yearly Mid / $95,599.00 Yearly Max

This class series uses three levels in the Administrative Services occupational group, Fiscal Services occupational series and describes the financial analysis and regulation of public utilities to ensure compliance with state and federal laws, Public Service Commission directives and adherence to prescribed accounting principles.

Note: Advancement of employees through the career ladder is dependent on an agency's/department's operational needs and distribution of work. This career ladder incorporates levels I, II and III; therefore, all positions allocated into the Public Utility Analyst career ladder are classified at the III level (the highest level in the career ladder). The I level is to provide entry for hiring new employees into the class series but does not preclude hiring new employees at higher levels. To implement the career ladder, current employees are assigned to the level for which they meet job requirements and promotional standards. Employees may be promoted through the career ladder in accordance with promotional standards for those levels assigned to an agency. The promotional standards, a selection document under separate cover, sets forth the criteria that identify, measure and verify successful performance at each level. 

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, employees can complete job duties of a similar kind not specifically listed here.

• Examines regulated company reports, records and books; analyzes, evaluates and interprets statistical and financial information and determines compliance.

• Monitors financial and administrative activities of regulated companies, analyzes monthly and quarterly reports, ensures recovery of fuel costs is within allowable limits, identifies variances from previous submissions and determines reason for change.

• Plans, conducts and coordinates audits.

• Provides testimony at public hearings and defends position.

• Verifies mathematical accuracy of company reports and that the rate of return is within approved limits; performs statistical analysis, calculates ratios and standard costs.

• Writes memos and reports and performs assigned special projects, such as literature searches for precedents.

• Ensures that regulated companies file all required reports.

• May work on regional electric wholesale issues and provide analysis related to potential issues.

• Communicates and interacts effectively with people across cultures, ranges of ability, genders, ethnicities, ages, and races.

The level of work for a Public Utility Analyst progresses based on an employee’s independence, size and scope of responsibilities, complexity of duties, decisions made and required experience.

Public Utility Analyst I

This is the entry level in the series responsible for evaluating and analyzing regulated public utilities for the State of Delaware. Employees learn to perform the full range of public utility analyst work as described in the Essential Functions under close supervision.

• Receives close supervision from a Regulatory Policy Administrator or higher; the supervisor provides specific instructions on all assignments, and frequent and detailed review of progress, accuracy, and quality of work. Supervisory advice or assistance is readily available.
• Participates in the examination of regulated company reports, records and books.
• Assists in the preparation of testimony, exhibits and schedules.
• Testifies on basic issues and defends position during cross examination.
• Assists team in field audits.
• Communicates effectively with regulated companies to obtain or verify information.
• May participate in meetings related to wholesale electric issues, renewable energy, and state energy policy.

Public Utility Analyst II

This is the full performance level in the series responsible for evaluating and analyzing regulated public utilities for the State of Delaware. In addition to work performed by the Public Utility Analyst I level, employees independently perform the full range of public utility analyst work as described in the Essential Functions under general supervision. In addition, employees gain proficiency in increasingly complex public utility analysis work.

• Receives general supervision from a Regulatory Policy Administrator or higher; supervisor provides general direction on all assignments, and regular review of progress, accuracy, and quality of work. Supervisory advice or assistance is provided as needed.
• Plans, schedules and conducts audits of small companies.
• Participates as a team member under the direction of a lead worker on audits of large companies.
• Identifies potential areas of disagreement between staff findings and the utility's submission, participates in settlement conferences with the company and prepares written testimony, exhibits, schedules and recommendations for adjustments to company's filings.
• Assists in training of lower-level analysts.
• Analyzes a regulated company's request to issue a debt or security, evaluates the financial condition of the company and makes recommendations at public hearings.
• Communicates effectively with the Hearing Examiner, Commissioners, other Public Service Commissions, attorneys, utilities and the public to conduct research or answer questions.
• May participate in meetings related to wholesale electric issues, renewable energy, and state energy policy; draft PSC regulations regarding renewable energy; and make recommendations to supervisors or the Commission.
• Serves as a subcommittee member and represents staff at meetings of the National Association of Regulatory Utility Commissioners.

Public Utility Analyst III

This is the lead level in the series responsible for evaluating and analyzing regulated public utilities for the State of Delaware. In addition to work performed by the Public Utility Analyst II level, employees independently perform the full range of public utility analyst work as described in the Essential Functions with minimal supervision.

• Receives minimal supervision from a Regulatory Policy Administrator or higher; the supervisor defines objectives, priorities, and deadlines and assists the employee with unusual situations.
• Plans and conducts evaluations of large companies.
• Provides team leadership in planning, scheduling, assigning, monitoring and reviewing the work of lower-level analysts; coordinates the activities of staff attorney, engineer, research specialist and consultants in researching and compiling information.
• Trains lower-level analysts.
• Leads the analysis of a rate case for a major utility which may have complex issues.
• Gives sworn expert testimony at public hearings on a broad range of issues; prepares or assists staff attorney/hearing officer in preparing issue sheets which list all points of contention in a case and the positions of the staff analysts, the utility, interveners such as the Delaware Energy User Group and the Hearing Examiner's recommendations to the Commissioners.
• May participate in meetings related to wholesale electric issues, renewable energy, and state energy policy; draft and/or participate in legislative reviews of renewable energy bills impacting the PSC and PSC regulations; and make recommendations to supervisors or the Commission.
• Conducts research and prepares reports as requested by the Commissioners, Director, Deputy Director or supervisor.

JOB REQUIREMENTS for Public Utility Analyst II
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

1. Two years' of experience in the accounting, auditing, and/or regulation of utilities, or rate determination.

OR

Possession of an Associate degree or higher in Accounting, Business Administration, Business Management, Economics, Finance, Engineering, Mathematics or related field.

In addition to the above requirement, applicants must meet all of the job requirements below:

2. One year of experience in public utility regulation and rate determination.
3. Two years' experience in compiling, analyzing and interpreting financial data to ensure effective and efficient accounting of funds or to make projections for financial planning.
4. Two years' experience in writing reports in a structured format containing an introduction, presenting the thesis, purpose or proposal with supporting evidence, explanation, facts, and analysis or examples with a conclusion or recommendations.
5. Six months experience in writing, presenting and defending expert testimony in litigated or settled rate or rule making proceedings.