Public Utilities Rate Analyst III

Commonwealth of Kentucky
Frankfort, KY Full Time
POSTED ON 3/18/2024
Advertisement Closes
5/21/2023 (8:00 PM EDT)
23-04151
Public Utilities Rate Analyst III
Pay Grade
14
Salary
$3,474.30 - $4,699.50
Employment Type
EXECUTIVE BRANCH | FULL TIME ELIGIBLE FOR OVERTIME PAY | 18A | 37.5 HR/WK
Hiring Agency
Energy & Environment Cabinet | KY Public Service Commission
Location
211 Sower Blvd.
Frankfort KY 40601 USA
Description
The Kentucky Public Service Commission regulates the intrastate rates and services of more than 1,100 investorowned electric, natural gas, telephone, water and sewage utilities, customer-owned electric and telephone cooperatives, water districts and associations, and certain aspects of gas pipelines. Our mission is to foster the provision of safe and reliable service at a reasonable price to the customers of jurisdictional utilities while providing for the financial stability of those utilities by setting fair and just rates.

The Public Utilities Rate Analyst III position serves as team lead with a team of professional Public Service Commission staff, as a member of the revenue requirements branch of financial analysis. Participates in the examination of technical cases and issues including revenue requirements for utilities, utility accounting procedures, and financing. Analyzes complex rate making, financial and accounting issues in the regulation of public utilities' operations for the Public Service Commission. Develops, reviews, recommends, and communicates new policies, operating procedures, and rules relating to case filings, utility rates, services rules, and revisions. Provides guidance and advice to management and commissioners.

If you are interested in being part of a team-driven work environment that is dynamic and supportive and works directly with utilities and ratepayers of the Commonwealth in accomplishing our mission, along with having access to the benefits of being employed by the Public Service Commissioner, please apply for this position.

Responsibilities may include, but are not limited to:
  • Analyze complex financial & accounting records to determine revenue needs of medium sized and large utilities
  • Prepare various formal documents including complex data requests, internal memos, Staff Reports, and drafts of Commission Orders in various cases.
  • Draft orders stating and explaining the Commission's decisions regarding allocations and rate design issues
  • Serve as team leader on cases; plans, organizes, and assign responsibilities; schedule and conduct team meetings and informal conferences.
  • Performs other duties as required
Preferred Skills and Abilities:
  • Reliable team player
  • Excellent time management skills
  • Excellent oral and written communication skills
  • Available for limited travel and occasional overtime
Benefits of employment with the Public Service Commission:
  • Hybrid telecommuting work schedule
  • Health insurance coverage with several self/family coverage options
  • Optional vision and dental insurance coverage with several self/family coverage options
  • State paid life insurance with options for additional self/family coverage
  • KY Retirement plan
  • Paid holidays
  • Accrued vacation time
  • Accrued sick time
  • Office with four walls and a door
  • For a full list of all the benefits we have to offer, please visit https://personnel.ky.gov/Pages/Why-Work- Here.aspx
Minimum Requirements
EDUCATION: Graduate of a college or university with a bachelor's degree in accounting, economics,statistics or business administration.

EXPERIENCE, TRAINING, OR SKILLS: Three years of professional experience in public utility accounts analysis or rate design analysis.

Substitute EDUCATION for EXPERIENCE: A master's degree in accounting, economics, statistics, or business administration will substitute for one year of the required experience.

Substitute EXPERIENCE for EDUCATION: Certification as a Certified Public Accountant will substitute for the required education and one year of the required experience.

SPECIAL REQUIREMENTS (AGE, LICENSURE, REGULATION, ETC.): NONE
Working Conditions
Incumbents working in this job title generally perform duties in an office setting.
Probationary Period
This job has an initial and promotional probationary period of 6 months, except as provided in KRS 18A.111.
If you have questions about this advertisement, please contact Stephanie Schweighardt at sschweighardt@ky.gov or 502-782-2561.
An Equal Opportunity Employer M/F/D

Salary.com Estimation for Public Utilities Rate Analyst III in Frankfort, KY
$61,049 to $80,259
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