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Public Utilities Regulatory Analyst I

North Carolina Utilities Commission

North Carolina Utilities Commission

IT, Legal
Wake County, NC, USA
USD 61,545-90k / year
Posted on Jul 12, 2025

Description of Work

*Salary Grade: NC18*
Recruitment Range: $61,545 - $90,000

Are you looking to find meaningful work and positively impact the lives of the residents of North Carolina? If your answer is yes, then we want you to join our team at the North Carolina Utilities Commission and make a difference.

The NC Department of Commerce, Utilities Commission is looking for a Public Utilities Regulatory Analyst I. This position is assigned to the Accounting section of the Operations Division within the Utilities Commission.

The work of the Public Utilities Regulatory Analyst I position focuses on, in general, cost recovery by the utilities and service quality of the utilities. In general, the Commission works to understand the costs that utilities incur to provide service to customers and to establish just and reasonable rates that the utilities may charge customers in order to recover those costs. This position is involved in the following types of proceedings before the Commission: general rate cases; annual expense or commodity cost recovery proceedings; rule-makings; and requests for special accounting orders and other types of proceedings.

This position functions, in effect, as a technical expert for the Commission. This position will be involved in matters involving utilities regulated by the Commission, including under supervision, work on complex accounting matters. This position is responsible for analyzing financial data, audit reports, and other accounting information related to the regulated public utilities and, under supervision, making written and oral recommendations to the Commission regarding rate base adjustments, revenue requirements, rate design, appropriate accounting treatment of capital/expense items, compliance with regulatory conditions, utility tax treatment, affiliate contracts, and other accounting/financial matters. This position also researches, analyzes, and evaluates complex technical accounting and financial issues coming before the Commission for decision. The work requires the ability to read and review both testimony and workpapers of parties appearing before the Commission, to write clearly and effectively, and to communicate technical information clearly and concisely to technical and lay audiences, both orally and in writing.

The regulation of public utilities is a highly dynamic and complex field that involves law, accounting, public policy, economics, and finance and impacts the lives of all North Carolinians. This position provides an excellent opportunity for a motivated individual who is ready to engage with other service-oriented professionals and contribute to the work of the Commission.

This is a full-time position (40 hours per week) with State Benefits, including health insurance, as well as retirement.

Incentives of NC State Employment We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits to include:

  • 12 Annual paid Holidays
  • North Carolina State Health Plan administered by Aetna
  • Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
  • NC State Retirement (TSERS)
  • WeSave Employee Discounts

Learn more about new hire resources, safety, health, and wellness information, leave options, employee discounts and more by selecting the link below:https://oshr.nc.gov/state-employee-resources/benefits


Note to Current State Employees
The salary grade for this position is NC18. State employees are encouraged to apply for positions of interest even if the salary grade is the same as, or lower than, their current position. If selected for this position, a new salary will be recalculated taking into consideration the quantity of relevant education and experience, funding availability, and internal equity. Based upon those factors, a pay increase MAY result.

Knowledge, Skills and Abilities / Competencies

QUALIFIED APPLICANTS MUST SUBMIT AN APPLICATION THAT CLEARLY REFLECTS WORK EXPERIENCE THAT DEMONSTRATES THE FOLLOWING:

*If there are no qualified candidates remaining in the applicant pool who meet the minimum Education and Experience or Knowledge, Skills and Abilities required for the position, the agency may consider for this position, a trainee who does not meet the minimum requirements. Salary for a trainee may be set at a lower level than the classification salary range and recruitment range that is listed in the posting with the salary being adjusted up accordingly when the trainee has obtained the necessary additional education and experience to fully meet the minimum qualifications as outlined in the classification specification.*

This position requires a highly motivated and diligent individual with high degrees of initiative, integrity, and attention to detail who can function efficiently and effectively individually and as a member of a team.

The individual in this position must also possess the following specific knowledge, skills, and abilities:
  • Working knowledge of Generally Accepted Accounting Principles (GAAP).
  • Demonstrated knowledge of or the ability to acquire knowledge of investor-owned utility’s accounting practices and related regulatory accounting rules and regulations, including Uniform System of Account.
  • Experience analyzing financial statements and/audit reports.
  • Ability to research, analyze, and evaluate accounting issues and/or policy issues related to public utilities.
  • The ability to defend analyses, opinions, and recommendations relating to the variety of complex issues that routinely come before the Commission in the context of adversarial proceedings.

  • Strong writing, communication, time management and organizational skills.


Minimum Education and Experience Requirements

APPLICANTS MUST MEET THE EDUCATIONAL REQUIREMENT AND ALL KSA IN ORDER TO QUALIFY FOR THIS POSITION.

Some state job postings say you can qualify by an “equivalent combination of education and experience”. If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience OR a combination of both. See oshr.nc.gov/experience-guide for details.

Bachelor's degree in accounting, banking, finance, business administration, public administration, economics, or related discipline from an accredited institution and one year of directly related experience; or an equivalent combination of education and experience.

Supplemental and Contact Information

About the Utilities Commission

The North Carolina Utilities Commission is an independent agency of the State of North Carolina created by the General Assembly to regulate the rates and services of all investor-owned public utilities in North Carolina, including electric companies, natural gas distribution companies, water and wastewater companies, passenger carriers by ferry boat, carriers of household goods, and other companies engaged in providing miscellaneous utility services.
It is the Commission's responsibility to ensure that North Carolina customers have access to safe, reliable, and affordable utility service. In carrying out its charge, the Commission employs professional staff, which is organized into the Operations Division and the Legal Division. This position is within the Operations Division and works collaboratively with other members of the Operations Division, including financial professionals such as CPAs, MBAs and economists. This position also works closely with members of the Legal Division, which consists primarily of attorneys and paralegals.

About the Department of Commerce
The North Carolina Department of Commerce is the state's lead agency for economic, community and workforce development. The department works with local, regional, national and international organizations to fulfill its mission to improve the economic well-being and quality of life for all North Carolinians.
Commerce is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job.

Our Agency uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. All applicants must complete and submit a state application for employment using the NEOGOV Online Job Application System (OSHR - Work for NC) for the State of North Carolina.

**PLEASE NOTE**
It is critical to our screening and salary determination process that applications contain comprehensive information. Information should be provided in the appropriate areas to include the beginning and ending dates of jobs worked, education with the date graduated, all work experience, and certificates/licenses. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Resumes will not be accepted in lieu of completing this application. Answers to Supplemental Questions must refer to education or work experience listed on this application to receive credit. Degrees must be received from appropriately accredited institutions. To receive credit for your work history and credentials, you must list the information on the online application form. Any information omitted from the application cannot be considered in screening for qualifying credit. Attached or incorporated resumes (including Text resumes on application form)WILL NOT be used for screening for qualifying credit. Please make sure you complete the application in full. "See Resume" or "See Attachment" will NOT be accepted and will be considered an incomplete application and will not be processed. For additional information about applications and processes with the state of NC, please visit: How Do I Get the Job.

For consideration for this vacancy, all applicants must complete an on-line application using this link, https://www.governmentjobs.com/Applications/Index/northcarolina. If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for consideration.

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education. If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education.

***INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION***

If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit www.studentaid.gov to learn more.

  • Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
  • Applicants seeking National Guard Preference must attach a NGB 23A (RPAS) if they are a current member of the NC National Guard in good standing. If a former member of the NC National Guard who served for at least 6 years and was discharged under honorable conditions, they must attach either a DD256 or NGB 22.
  • Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.

Re-Entry for Formerly Incarcerated Individuals
Our Agency supports the Governor’s Executive Order 303which seeks to re-employ individuals that were previously incarcerated. Formerly incarcerated individuals are invited to apply for any vacant Commerce position(s) in which they believe they are qualified.

Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account and click "Application Status." If you are selected for an interview, you will be contacted by management. If you are no longer under consideration, you will receive an email notification.

For technical issues with your application, please call the GovernmentJobs.com Applicant Support Help Line at 855.524.5627.