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Utility Rate and Economic Analyst

Utility Rate and Economic Analyst

Power System Engineering IncDenver, CO, United States
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We want you to grow. We want you to learn. We want you to expand with us

Location : Denver, CO

Excellence Through People! Take your engineering career to the next level by working with energetic, talented, and forward-thinking colleagues and clients who invest in the collective good, take a balanced approach to sustainable solutions, are flexible to the realities of complex changes, and provide genuine effort to do the right by others.

Who We Are :

Power System Engineering (PSE) is an electrical energy expert that provides relationship-driven engineering and consulting services for forward-thinking partners who pursue long-term energy solutions. Check out our website at : www.powersystem.org

Our Point of View :

  • People We foster strong relationships with our clients, colleagues, and community through integrity and our spirit of teamwork to further our collective well-being, safety, and success.
  • Problem-Solving We thrive on the unique challenges that stretch our skills and expertise, where we can turn complex challenges into opportunities for collaborative achievements.
  • Progress We create safe spaces for experimentation, treating each relationship and project as an opportunity to positively shape the culture and collective advancement.

What We Are Looking For :

PSE is seeking a Utility Rate and Economic Analyst to provide analysis and consulting services to PSE clients for various economic and financial engagements. This role works closely with senior staff and project teams, mainly focused on contributing to the completion of utility ratemaking projects, including revenue requirements analysis, class cost of service studies, and rate design development. This role will also support client projects related to demand-side management programs, assessing the feasibility of solar and battery energy storage projects and other economic and financial analyses. Clients vary but are generally Generation and Transmission cooperatives and Distribution cooperatives in the electric industry.

The position requires a desire and ability to grow in critical thinking skills while producing reliable and accurate analysis that helps provide consulting solutions to a variety of challenges brought to us by our clients. A successful candidate must excel in time management and be able to efficiently manage multiple assignments to meet project and team schedules and budget commitments. PSE focuses on achieving high levels of client satisfaction; therefore, candidates must have a desire to exceed client expectations and be proficient and willing to advance in areas of client communications and relationship capabilities.

What You Will Be Doing :

  • Core Values : Embrace, uphold, and live out PSEs core values around People, Problem-Solving, and Progress
  • Participate in the completion of various economic, financial, and business studies in a project team environment.
  • Help prepare rate class cost of service studies to assess and design utility wholesale and retail rates for various services provided.
  • Prepare analysis and impacts of various pricing and consumer engagement programs such as time-of-use rates, load management, EV charging, distributed generation, and large load (i.e., data center) rates and contracts.
  • Prepare a comparison of utility rates between a variety of utilities for various types of electrical uses.
  • Assist in preparing analyses and exhibits as needed to support expert testimony for filings.
  • Process, clean, analyze, and summarize large datasets to identify trends, benefit streams, and cost streams in the development of models.
  • Assist in developing and promoting service offerings around innovative rates, pricing programs, customer segmentation, operational improvements, etc. Such services are expected to require the use and development of skills related to; data processing, measurement and verification of impacts, short-term and long-term forecasting, modeling / predicting participation, pattern recognition and machine learning, survey design and administration, and related skills.
  • Create cost-benefit models to assess the development of new demand-side management (energy efficiency or demand response) programs or to evaluate the cost effectiveness of existing programs.
  • Build economic feasibility models to assess the financial viability for solar, battery, or hybrid projects for clients with various goals.
  • Managing and documenting progress on assigned tasks, deadlines, and budgets for multiple projects simultaneously.
  • Gathering, processing, and visualization of substantial amounts of data in Microsoft Excel, R and / or RStudio, Python, and Microsoft PowerBI.
  • Possess the ability to work as a team and independently
  • What You Will Need :

    Education and Experience

  • A bachelors degree in business, finance, accounting, economics, or mathematics is strongly preferred.
  • 5 10 years of related experience in consulting and / or a utility industry.
  • Knowledge and Skills

  • Possess strong organizational skills needed to participate in multiple project teams simultaneously while completing tasks on time, on target, and within budget.
  • Possess the ability and drive to produce excellent work products, analyze and learn new concepts, develop skills, and be a strong team player.
  • Ability to develop client relationships.
  • Possess integrity, honesty, accountability, and strong moral principles.
  • Experience with electric utility ratemaking, finance, or accounting practices.
  • Must have a strong experience and expertise using Microsoft Excel, PowerPoint, and Word.
  • Experience with R, RStudio, and Python is a plus.
  • Ability to work with large data file sets and manipulate them into workable formats
  • Basic knowledge of electric utility billing structure and financial concepts.
  • Experience with distributed energy resources and demand side management is a plus.
  • Compensation & Benefits :

  • Salary Range : $88,268 - $103,002 annually.
  • This salary range reflects the anticipated base salary for five minimum relevant years of experience to ten maximum relevant years of experience. The successful candidate will be placed at a level that is commensurate with the candidate's relevant years of experience, education, and technical expertise.

  • Discretionary annual performance-based profit-sharing bonus
  • Cell phone reimbursement
  • 401(k) retirement plan and employer safe harbor contribution
  • Comprehensive health, health savings account (HSA), dental, vision, flexible spending account (FSA) & dependent care reimbursement account
  • Life insurance, short & long-term disability, and other voluntary coverages
  • Employee Assistance Program (EAP)
  • Paid time off, including holidays and volunteer time off (VTO) to serve our communities.
  • Professional development opportunities and educational assistance
  • PSE is an equal opportunity employer that encourages all its employees to grow, learn, and expand their roles in ways they can be creative and best accomplish the clients needs. We assess qualified applicants without regard to race, color, religion, sex, disability, sexual orientation, gender identity, national origin, veteran status, and other legally protected characteristics.

    Disclaimer :

    We are committed to fairness and transparency in our hiring process. Compensation may be adjusted based on the candidates experience, education, qualifications, market conditions, and internal equity.

    PSE

    People. Problem-solving. Progress

    PIc6e511fb0f5a-29952-38262580

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