This work documents the development of a MATLAB/Simulink based methodology for the sizing, simulation, analysis, and optimization of electric actuators for the primary and secondary control surfaces of a More Electric Aircraft. For a given aircraft and control surface configuration, the control surface flight loads are first evaluated taking into account their aerodynamic characteristics and the critical flight conditions relevant to each. With this information, the performance of a given actuator design can be analyzed via a simulation of the actuator and thermal dynamics. Conversely, for a given objective function and constraint set, the actuator design can be optimized through the solution of a constrained optimization problem. This work focuses on the development of the flight load estimation capability, the modeling and simulation environment, and the weight estimation method, while a separate work describes the actuator optimization problem and a study of actuator-to-surface allocation. While applicable to a wide variety of aircraft, the current work analyzes electrohydrostatic and electromechanical actuators using the Boeing 737-800 aircraft as a test case.