Economist Iii

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Job Description - Economist III (240008H7)
Who We Are: The Executive Office of Energy and Environmental Affairs seeks to protect, preserve, and enhance the Commonwealth's environmental resources while ensuring and promoting a clean energy future for the state's residents. Through the stewardship of open space, protection of environmental resources, and enhancement of clean energy, the Executive Office of Energy and Environmental Affairs works tirelessly to make Massachusetts a wonderful place to live, work, and raise a family.
The Department of Public Utilities (DPU) is the state agency responsible for overseeing investor-owned electric power, natural gas, and water companies in Massachusetts, regulating the safety of bus companies, moving companies, and transportation network companies and overseeing the safety of natural gas pipelines.
Job Opening: The Department of Public Utilities seeks applicants for an Economist III to perform the following duties:
Position Overview: We are in search of an Economist who will use their expertise to conduct economic analysis on regulated utility operations, capital investment decisions, and pricing to retail customers. The successful candidate will join the DPU's Rates and Revenue Requirements Division, which provides in-depth, holistic economic, financial, accounting, and mathematical/statistical analysis on the regulation, practices, and programs of the electric, gas, and water investor-owned utilities as well as limited oversight of the municipal light plants in the Commonwealth.
In this role, you will utilize your technical and collaborative skills working with other industry experts to develop and formulate recommendations on energy and water issues. If you are seeking a rewarding employment opportunity that harnesses and grows your skills and talents, positively shapes energy and regulatory policy, and impacts the public good while collaborating with a team of dedicated professionals in a collegial work environment, the DPU could be your next exciting career.
A cover letter must be submitted as part of the application process and attached "as relevant" to the requisition. GENERAL STATEMENT OF DUTIES AND RESPONSIBILITIES
The Economist applies a broad mix of economic and public policy skills in analyzing issues and cases before the DPU. The Economist will work both individually and as a team member with other economists, accountants, regional planners, and attorneys on a wide range of cases such as reviewing: electric, gas, and water utility filings for changes in base rate revenue requirements and rate structures; other rate trackers and surcharges; and financing petitions. The position requires competency in cross-examining company and intervention witnesses. The position requires reviewing, analyzing, and preparing oral and written recommendations for the Commission on utility requests for changes in base rate revenue requirements, base revenue allocations, rate design, other surcharges, as well as financing agreements. The Economist also participates in all facets of assigned cases, including developing information requests, questioning expert witnesses during hearings, drafting memoranda and policy recommendations, as well as writing sections of DPU orders. The position requires excellent quantitative and writing skills, as well as the ability to express thoughts in a clear and concise manner. Excellent oral communications skills are highly desirable. Incumbents of positions at Economist III level exercise considerable independent judgment.
DETAILED STATEMENT OF DUTIES AND RESPONSIBILITIES Analyzes rate requests and finance petitions from utility companies; solves problems, devises techniques, and develops recommendations using existing precedent, guidelines, regulations, and policy goals.Methodically gather, assimilate, and analyze data and information in documents to identify gaps and inconsistencies, make appropriate inquiries, draw conclusions, and make appropriate recommendations.Give written and oral instructions in a precise and understandable manner;Work productively and effectively both in a team environment and individually with intermittent supervision;Issues data requests, cross-examine witnesses, drafts memoranda and sections of DPU orders, and applies mathematical techniques of economic research;Responds to consumer, administrative, and utility inquiries;Collects, compiles, and reviews economic data obtained from various sources, including other agencies and trade organizations, for economic analysis purposes;Maintains major work contacts with professional and technical personnel, utility organizations, agency personnel, as well as other local, state, and federal agencies.Qualifications First consideration will be given to those applicants that apply within the first 14 days.
Minimum Entrance Requirements: Applicants must have at least (A) four years of full-time, or equivalent part-time, professional experience in the field of economics, or (B) any equivalent combination of the required experience and the substitutions below.
Substitutions:
I. A Bachelor's degree with a major in economics may be substituted for a maximum of two years of the required experience.
II. A Graduate degree with a major in economics may be substituted for a maximum of three years of the required experience.
III. A Bachelor's or higher degree with a major other than in economics may be substituted for a maximum of one year of the required experience.
*Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed.
When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.
An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply. The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.
Primary LocationJobJob: Economics
AgencyAgency: Department of Public Utilities
ScheduleSchedule: Full-time
ShiftShift: Day
Job PostingJob Posting: Oct 2, 2024, 6:19:57 PM
Number of OpeningsNumber of Openings: 1
Salary: 73,566.74 - 107,580.72 YearlyIf you have Diversity, Affirmative Action or Equal Employment Opportunity questions or need a Reasonable Accommodation, please contact Diversity Officer / ADA Coordinator: Melixza Esenyie - 8572746194
Bargaining Unit: 06-NAGE - Professional Admin.
Confidential: No
Potentially Eligible for a Hybrid Work Schedule: Yes

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