PUC has a rewarding career opportunity in energy econometrics with the potential to make a difference in the lives of millions of Oregonians.
The Oregon Public Utility Commission (PUC) has an excellent opportunity for a highly qualified and motivated individual to work in the dynamic area of energy rates and regulation as an Economist 4, Senior Economist. This opening is in the agency’s Utility Program, Energy Rates, Finance, and Audit Division.
The person in this position assists the Commission in evaluating the role of regulation and/or deregulation and in developing policies that encourage utilities to provide high quality services at fair and reasonable rates. This person analyzes the complex computer modeling of utility provider’s electrical generation systems, energy wholesale markets, and the resulting variable energy costs projected to serve energy demands.
Major duties include:
- Evaluate short-term and long-term load forecasts of electric and natural gas utility providers and develop alternative load forecasts to evaluate the utility’s performance.
- Research and analyze load data to explain the impact of economic factors, weather, and energy efficiency programs on customer usage and overall utility loads.
- Examine and evaluate power cost testimony and exhibits filed by electric utilities in general rate cases and power cost adjustments.
- Develop and submit data requests and conduct discovery on the prudence of utility generation and transmission investments, generating plant fuel costs, and wholesale power market purchases.
- Analyze energy utility cost allocation methods for application across utility affiliates and within utility functions and ensure cost allocations are fair and reasonable. Develop alternative cost allocation factors that more equitably assign costs.
- Manage complex dockets that require guiding and mentoring other staff in the development of schedules, coordination of resources, and review of staff work products.
- Analyze energy utility applications for sale, lease, or otherwise assign property to ascertain whether the proposed transaction meet statutory requirements.
- Conduct a wide range of applied financial, statistical, and economic research on a broad range of emerging energy policy issues.
- Lead workshops attended by parties with adverse interests on emerging regulatory topics.
- Evaluate other parties’ written testimony, formulate PUC objectives and policy, and compose written testimony based upon analysis.
PUC is looking for candidates that possess some or all of the following requested skills:
- An advanced degree (Master’s or PhD) that includes coursework focused in Mathematical and Quantitative Methods such as econometrics, environmental & energy economics, operations research, or risk management.
- Work experience applying the principles and theories of utility sales forecasting including: evaluating and assessing short-term and long-term load forecasts of electric and natural gas utilities, independently developing alternative load forecasts, and statistically evaluating the performance of utility and staff forecasts.
- Work experience performing energy power cost modeling that included examining and evaluating power cost testimony and exhibits filed by electric utility providers in general rate cases and annual power cost adjustment proceedings.
- Work experience demonstrating knowledge of utility providers cost allocations including: analyzing energy utility cost allocation methods for application across utility affiliates and within utility functions, and reviewing utility allocation methods assigning costs across state retail jurisdictions where the utility provider serves retail customers in other states besides Oregon.
- Work experience analyzing energy utility provider’s applications for sale, lease or otherwise assign property to ascertain whether the proposed transaction meets statutory requirements and if not, what conditions on the transaction are needed.
- Successful completion of professional-level project management coursework and work experience that included the responsibility for:◦Managing complex dockets (or other closely related professional work assignments), that required guiding and mentoring assigned employees; developing schedules;
- Coordinating resources;
- Reviewing the written work products of others;
- Coordination with legal resources;
- Working with stakeholders;
- Assessing compliance with established State and/or Federal statutory requirements; and
- Determining critical paths to ensure dockets completion in timely and quality manner.
- Professional-level work experience developing written comments intended to inform or influence the decision makers of an organization and subsequent experience delivering oral presentations explaining your findings, responding to questions, and defending the analytical or quantitative methods you applied to reach your conclusions.
- Professional-level work experience mentoring and advising and/or training other staff members as needed on regulatory practices and theories related to energy markets.
If you think this job is a perfect fit for you or to learn more about this position visit our website at: www.puc.state.or.us and click on “Jobs at PUC”.
ABOUT THE PUC
The PUC offices are located in downtown Salem, in close proximity to the State Capitol, and we maintain a Portland satellite office. PUC prides itself in being a great place to have a career. As a mid-size State of Oregon agency, we provide opportunity for employees to get to know each other in a comfortable and friendly environment. We offer benefit plans that pay up to 99% of the health care premiums for coverage of employees and dependents, membership in the Public Employee Retirement System; 11 paid holidays per year; 24 hours of personal leave per year; vacation leave earned at a minimum rate of 8 hours per month, and sick leave earned at a rate of 8 hours per month; and many other benefits. PUC receives no General or Lottery funds. Commission responsibilities are funded through a per month fee on regulated natural gas, electric, telecommunication, and water utility bills.
The Oregon Public Utility Commission is an Equal Opportunity, Affirmative Action Employer Committed to Workforce Diversity.