Economic Analyst III

EEO and Accessibility Statement The State of Illinois is committed to working with and providing reasonable accommodations to people with disabilities. If you require a reasonable accommodation to apply for a job, interview, or any other activity related to the hiring process, please notify us. Examples of reasonable accommodations include, but are not limited to, a change to the application process, providing documents in an alternate format, a sign language interpreter, or specialized equipment.

If you need a reasonable accommodation, provide a certification of disability from a qualified professional and upload supporting documentation under the My Documents → Additional Documents section for each application. For questions about reasonable accommodations, contact Central Management Services Disability Resource Center at [email protected] or call (217) 524-7514. Position Overview Under direction, reviews and analyzes federal and regional energy policy-related issues concerning regulation of the electric and natural gas industries; provides expert witness testimony on policy-related issues in docketed cases before the Commission.

Essential Functions Works closely with established regional state committees—the Organization of Pennsylvania‑New Jersey‑Maryland Interconnection (PJM) States and the Organization of Midcontinent Independent System Operator (MISO) States. Monitors, analyzes, and reports on current and emerging policy issues at the Regional Transmission Organization (RTO) level, including proposed reforms of regional electric energy, ancillary services, and capacity market designs. Monitors, analyzes, and reports on (1) RTO policy and governance initiatives; (2) regional and state economic effects of emerging energy technologies such as distributed generation, renewable energy, demand response, and energy storage; and (3) regional electric resource and transmission modeling and planning.

Reviews Federal Energy Regulatory Commission (FERC) filings and prepares recommendations to the Commission for comments. Monitors, reviews, and analyzes utility and other party filings in docketed Commission cases; prepares and files expert witness testimony setting forth policy opinions and positions and presenting proposed adjustments; develops technical cross‑examination questions for adverse witnesses; assists in preparation of Staff pleadings. Carries out a research agenda, including research and economic analysis, of federal and regional energy policy in the gas and electric industries.

Serves as a policy advisor to Administrative Law Judges and Commissioners in contested dockets, as assigned. Provides policy analysis of state and federal legislation. Performs other duties as required or assigned, reasonably within the scope of duties enumerated above.

Minimum Qualifications Requires a master’s degree in economics, finance, public policy, or another closely related field; OR Requires a bachelor’s degree and two years of relevant regulatory or utility experience. Preferred Qualifications Prefers professional experience communicating in oral and written form with both internal and external stakeholders for a public or private organization. Prefers superior oral and written English communication skills.

Prefers extensive knowledge of the personal computer and its related software programs and applications. Conditions of Employment This position requires the applicant to pass a background check and disclose criminal history. Requires ability to travel in the performance of duties, with overnight stays as appropriate.

The conditions of employment listed here are incorporated and related to any of the job duties listed in the job description. Work Location 160 North LaSalle, Ste C-800, Chicago, IL 60601 Agency Contact Colette Smith Phone: 217‑720‑5690 (cell) or 217‑557‑4206 (work) General Functions of the Illinois Commerce Commission The ICC regulates Illinois investor‑owned electric, natural gas, telephone, water, and sewer companies. In addition, the Commission exercises authority over railroad safety and hazardous materials movement, towing companies operating in the Chicago area, and motor carrier insurance requirements.

The Commission is responsible under state law for ensuring that the citizens of Illinois receive safe, efficient, and reliable utility service at reasonable costs. The ICC must balance the consumers' needs against the financial needs of utilities. In the continually changing utility environment, staff also recommend new ways to deal with a marketplace in transition, particularly in the telecommunications and electric sectors, where competition is reshaping the industry.

State of Illinois Benefits Competitive group insurance benefits including health, life, dental, and vision insurance. 3 paid personal business days annually. 12 paid sick days annually (sick days carry over from year to year). 10‑25 days of paid vacation time annually – (10 days in year one of employment). 13 paid holidays annually, 14 on even‑numbered years. Flexible work schedules (when available, dependent upon position). 12 weeks paid parental leave. Deferred compensation program – a supplemental retirement plan.

Optional pre‑tax programs such as Medical Care Assistance Plan (MCAP), Dependent Care Assistance Plan (DCAP). Federal public service loan forgiveness program eligibility. Employee Assistance Program and/or mental health resources. 5% salary differential for bilingual positions.

Job Requisition ID: 56374 Opening Date: May 22, 2026 Salary: Anticipated salary range (Effective July 1, 2026) $7,195 - $10,485 per month ($86,340 - $125,820 annually) Job Type: Salaried Category: Full Time County: Cook County Number of Vacancies: 1 Bargaining Unit Code: RC‑63, Paygrade 21, Non‑Code #J-18808-Ljbffr