ERCOT Regulatory Case Rate Manager

Regulatory Case Rate Manager

A Transmission & Distribution Company with wide scale electrical utility infrastructure operations across Texas is seeking to grow its team with the addition of a Rates Manager. It is a core hire that will support electric service and wholesale transmission rate strategy. This role will work with Finance and Markets groups with interactions directly with the Executive Team, Board of Directors, and regulatory bodies such as ERCOT and PUCT. The company is well-established with over 70 years of service to their customers. They offer a working environment that provides stability and career growth opportunities with a "promote from within" culture. The scope of their operations includes transmission (t-line), regional control centers, and distribution systems with interconnects to various renewable energy technology platforms. The position comes with a solid compensation package that includes a competitive base salary, bi-annual bonus, health benefits, annual merit raises, and a double digit 401k match program.

RESPONSIBILITIES:

• Leads the rate-making process by performing regular cost-of-service studies
• Performs quarterly retail sales forecast and revenue modeling of wholesale power and transmission costs
• Evaluates cost and revenue expectations of new rates
• Advocates for the approval of new rate programs to the Executive Team and Board of Directors
• Stays abreast of Texas legislation, Public Utility Commission of Texas (PUCT), and ERCOT activities
• Advises senior management on recommendations for addressing changes to market rules or new opportunities
• Designs rate offerings to attract and retain new and existing customers
• Performs rate analysis to maintain market competitiveness

QUALIFICATIONS:

• 5-10+ years of experience related to design, implementation, and/or management of electric utility rates
• Must have 3+ years of project coordination or leadership of rate change projects
• Corporate leadership and stakeholder management experience dealing with regulatory bodies across the Southwest Region like ERCOT, Public Utility Commission of Texas (PUCT), and TRE highly preferred
• Must have experience performing cost of service studies for electric transmission and distribution services
• Must have experience performing rate analysis, revenue modeling, and creating rate policy
• Have knowledge of wholesales power purchase design and/or PPAs
• Advanced MS Excel experience - preferred
• Degree in Finance, Business, Regulatory Policy, Energy, or related fields
• Candidates have typically held the following titles: Regulatory Manager, Policy Manager, Case Rates Manager, Sr. Rates Analyst, Rate Policy Leader, Regulatory Tariffs Manager, Electrical Utility Pricing Manager...etc