The role encompasses economic issues involved in analysis of public utility operating costs, return on investment, rate structures and restructuring of public utility markets. It also includes the design and operation of a system by which the State is the a direct purchaser of New York Power Authority power and retails it to consumers through utility transmission lines and facilities. Duties are performed under the general direction of the Commissioner.
Supervision is exercised over a staff of professional and technical assistants.
Analyzes data provided to determine its adequacy and accuracy. Makes recommendations regarding economic and financial aspects of alternative regulatory plans and utility market restructuring. Designs and monitors system for the Department's wholesale purchase of New York Power Authority power and retail delivery of such power to consumers through utility transmissions lines. Negotiates rate of Department reimbursement to utilities for the transmission of such power, and related maintenance and record keeping functions. Testifies before the Public Service Board on a variety of economic issues.