Senior Rate Analyst

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Title : Senior Rate Analyst

Department : Revenue Strategy

Location :

Sacramento, CA, US, 95817-1899

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Category :

Accounting / Financial

Minimum Pay Rate : $114,712

Maximum Pay Rate : $151,985.60

Civil Service Status : Civil Service

Apply by Date : 10 / 29 / 2025

Posting Type : Open

This position will be filled at either the Senior or Principal level. If you would like to be considered for the Principal Rate Analyst position, please apply to requisition #2479.

The Revenue Strategy team at SMUD is excited to announce an opening on our Rates & Pricing team, offering a unique opportunity for individuals passionate about data analytics and innovative rate design. Your work in this area plays a highly visible role in SMUD's 2030 Zero Carbon Plan (2030 ZCP).

SMUD is a recognized leader in the utility industry, known for innovative rate designs and pioneering standard Time-of-Use (TOU) rates for all residential customers. We have launched pilot rates and load flexibility programs targeting electric vehicle (EV) charging for residential and commercial customers, and a virtual power plant program. We recently introduced an optional residential rate for customers with electrical panels rated at 125 Amps or less. As a member of the Pricing team, you will support the development of our marginal study and updates to the Open Access Transmission Tariff (OATT).

Our Pricing team's work is frequently referenced across the industry for its excellence, innovation and lower rates in California. In this role, you will help sustain this legacy by developing new innovative rates, fees, analytical tools, and supporting complex rate analyses and forward-looking decisions that support the 2030 ZCP.

Looking ahead, managed EV charging remains a key area of study as well as rates for large industrial customers including data centers and potential AI facilities. All our customers have AMI 1.0 meters, and we are in the process of installing 200,000 new AMI 2.0 meters, which would enable detailed estimation of end use load patterns including EV and photovoltaic (PV). Additional key initiatives include data analytics to support a service territory that has over 60k behind-the-meter solar installations equipped with AMI meters and load analysis of over 70k customers with EVs to explore new rates and load flexibility. If you join the Pricing team, you will have access to AMI data which has been reprogrammed to capture data every five minutes, allowing near real-time load monitoring; and use cutting-edge analytical platforms and tools, including SAS, SAP, Databricks, and Metrix ND. You will be collaborating across many departments at SMUD on high profile projects and contribute to innovative rate design and revenue forecasting that directly support SMUD's clean energy goals.

This position is ideal for an experienced and talented analyst who is passionate about data-driven decision-making and the evolution of next generation of pricing signals to manage Distributed Energy Resources (DERs) more effectively.

Purpose

Provides technical expertise, analysis and project management related to SMUD pricing, which includes supporting the development of SMUD cost of service, rate design, load and sales forecasting, cost allocation and planning efforts; ensures SMUD meets its revenue requirements and Board established policies.

Nature and Scope

Serves as an advanced journey level resource in a relevant professional discipline; works independently on projects of moderate complexity; exercises independent judgment and discretion; may serve in a Lead role and assist in planning, coordinating, prioritizing, monitoring and evaluating the work results in assigned area and in selecting, training, motivating, evaluating and developing lower-level personnel.

Duties and Responsibilities

Validates accuracy of models and develops batch billing programs for rate design; designs and estimates impact of innovative rates based on recommendations from the Board, Rate Advisory Committee, and executive management.

Required Education

Required Experience Qualifications

Knowledge Of

Intermediate retail rate design theory and related utility standards; electric utility operations; intermediate methods and techniques of load / market research including average and marginal costing; intermediate techniques and practices for cost benefit analyses; SMUD policies, procedures, and other special agreements including rate-making policy; pertinent federal, state and local laws, codes and regulations governing related rate design and analyses; principles and practices of various analytical approaches; methods and techniques of report preparation and writing; techniques and strategies for public speaking; techniques related to customer relations; office procedures, methods, and equipment including computers and applicable software applications such as word processing, spreadsheets, and databases; English usage, spelling, grammar, and punctuation.

Skills To

Design and implement utility pricing, cost of service studies and revenue forecasts; independently compile and analyze complex financial operating and statistical data; interpret, analyze and apply pertinent policies, procedures, regulations and requirements; gather data from appropriate sources and identify relevant factors; develop and maintain sophisticated computer models in various computer environments; compile and prepare technical, statistical and / or analytical reports and presentations; explain complex and / or controversial policies, regulations, procedures and / or activities internally / externally; communicate effectively orally and in writing internally / externally; establish and maintain effective working relationships internally / externally.

Desirable Qualifications

Physical Requirements

Applicants must be able to perform the essential job functions with or without a reasonable accommodation.

Sacramento Municipal Utility District (SMUD) - Who We Are

As the nation's sixth-largest community-owned electric service provider, we're proud of our reputation as one of the best places to work in Sacramento. Our employees tell us in our engagement surveys they're "Happy, satisfied and engaged" which helps create a workplace that best serves our customers.Sacramento was named as the 2nd happiest place to work in America by Forbes Magazine. Lake Tahoe, San Francisco and the world-renowned Napa Valley are within easy driving distance of our locations.

Our Commitment to Diversity & Inclusion

SMUD celebrates diversity, and inspires an inclusive culture based on trust and respect to create belonging and connection among our employees, customers, and communities. By working together, we are powering positive, equitable opportunities for all. We aspire to be a workplace where you can be yourself, achieve your best, and thrive together.

An example of our commitment to Diversity, Equity, Inclusion, and Belonging is when SMUD signed the California Equal Pay Pledge in 2020. This requires equal pay for employees who perform "substantially similar work," when viewed as a composite of skill, effort, and responsibility at the time those employees started within that classification. As such, initial hiring salary range is not subject to negotiation and salaries will vary over time based on performance.

SMUD is proud to be an equal opportunity employer. We do not discriminate in employment decisions on the basis of race, color, religion, gender (including pregnancy), national origin, political affiliation, sexual orientation, gender identity or expression, marital status, disability, genetic information, age, veteran status, or any other applicable legally protected characteristic. All employment decisions are made on the basis of individual qualifications, merit, and business needs and interests.

Why Sacramento, California?

The capitol of California, Sacramento is the state's sixth-largest city, and the 35th largest in the U.S. Local universities include California State University, University of the Pacific's McGeorge School of Law, and the University of California, Davis and several competitive community colleges. The UC Davis Medical Center, a world-renowned research hospital, is one of more than a dozen hospitals and shared services centers in the Sacramento region. Part of the agriculturally-rich Central Valley, Sacramento is at the forefront of the farm-to-fork food movement. Northern California is home to some of the country's top technology companies, including Google and LinkedIn, and a multitude of startups in many industries. Sacramento is home to the NBA Kings, the River Cats (AAA baseball), the Republic FC (soccer) and the San Francisco Giants, NBA Warriors and NFL 49er's aren't far away. Sacramento offers an affluent liberal arts community with Broadway, Mondavi Center, Crocker Museum and summer musical theater to name a few.

Hybrid Work

This position will be required to work onsite one or more days a week on a regular basis; sometimes more or less, depending on the work and, at any of our SMUD locations. SMUD takes pride in powering the Sacramento region community where we live and work. We value the strong working relationships we develop with our colleagues. Our approach to remote work will continue to evolve. Please be aware that should SMUD's business needs change, emergencies occur, or various other reasons arise, you may be required to report onsite on a part-time or full-time basis.

NOTE : This position will require on-site work three days a week at SMUD Headquarters located at 6201 S Street, Sacramento CA 95817.

SMUD provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. SMUD complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

SMUD expressly prohibits any form of unlawful employee harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of SMUD employees to perform their expected job duties is absolutely not tolerated.

Req ID : 2481

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