Technical and professional level work involving the regulatory review of economic and financial operations of the utilities regulated by the Public Service Board. The person in this position provides technical economic assistance to the Board to guide it in its consideration of rate setting matters. Work involves the assessment of financial weaknesses and strengths of utilities and the analysis of testimony before the Public Service Board relating to cost of service, rate base, cost of equity, rate of return and rate design.
Supervision is exercised over a staff of several professional employees.
Duties are performed under the general direction of the Chairman of the Public Service Board. Analyzes testimony presented to the Board in quasi-judicial proceedings. Reviews tariffs, rate schedules and reports filed by the utilities including examination of income statements, balance sheets, and financial reports, particularly as they affect existing rate structures. Reviews reports and action recommendations prepared by the Public Service Department. Makes recommendations to the Board relative to the total range of issues involving cost of service, rate base, cost of equity, rate of return, and rate design.