ARIZONA RESIDENTIAL UTILITY CONSUMER OFFICE

1110 West Washington Street Suite 220

Phoenix, Arizona 85007

Annual Salary: $80,000

Grade: 24

This position will remain open until filled  

RUCO was established in 1983 to represent the interests of residential utility ratepayers in rate-related proceedings involving public service corporations before the ACC.

This position prepares an analysis of various components of the case in electric, gas, water, wastewater and telecommunications cases.

• Perform audits to verify the accuracy of financial information submitted in the various cases, and Issue data requests to the utility company to clarify information contained in company filings

• Review, analyze and develop RUCO's positions regarding the weighted average cost of capital (WACC), and Draft and support testimony to support RUCO's recommended debt and equity component of the WACC

• Using capital models such as the Capital Asset Pricing Model (CAPM), Discounted Cash Flow Model (DCF), and/or other relevant models, develop the equity component of the WACC

• Participate in working groups to develop proceedings or policy recommendations to the Director, Deputy Director, attorneys and the Public Utilities Manager

• Review develop and prepare recommendations in regulated utility rate increase filings, financial filings and other ACC filings

• Present expert testimony at ACC hearings

• Other duties as related to the position

Knowledge:

• Knowledge of generally accepted accounting procedures and practices; expertise in financial modeling and analysis

• Basic concepts of public utility regulation and ratemaking

• Advance financial theory as it relates to cost of capital

• Knowledge of utility operations and procedures

Skills:

• Effective and clear presentation skills to be able to speak before and explain issues to a variety of audiences

• Interpretative, evaluative and/or constructive thinking within broadly defined policies and objectives

• Problem solving various situations requiring analytical

• Intermediate to advanced skills in Excel

• Familiarity with google docs

Ability:

• Ability to explain and support RUCO's recommendations clearly in written testimony and verbally at a hearing

• Work with and participate in stakeholder working groups to achieve common goals

• To review and analyze company data independently

• Work with others

• Certified Rate of Return Analyst (CRRA)

• Employees who drive on state business are subject to driver license record checks, required to maintain acceptable driving records and complete any required driver training (see Arizona Administrative Code R2-10-207.11)

• Requires possession of and ability to retain a current, valid state-issued driver license appropriate to the assignment

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.

The State of Arizona offers a comprehensive benefits package to include:

• Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance

• Life insurance and long-term disability insurance

• Vacation plus 10 paid holidays per year

• Health and dental insurance

• Retirement plan

• Sick leave

Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

• Positions in this classification participate in the Arizona State Retirement System (ASRS)

• Note that enrollment eligibility will become effective after 27 weeks of employment

• If you have any questions, please feel free to contact Shawn McConnell at staffing@azdoa.gov for assistance