Energy Acquisition Analyst

ComEd • Oak Brook, IL

5h • $72,000 - $99,000

About The Position

The Energy Acquisition Analyst supports and contributes to the design, implementation, documentation, and ongoing performance of daily operational processes and systems. These systems are crucial for the Company to purchase power, Renewable Energy Credits, Zero Emissions Credits, and Carbon Mitigation Credits in the wholesale marketplace, and to deliver energy to retail customers within a restructured retail environment. The role also involves supporting other Analysts in the Department with ongoing responsibilities for procurement events, administration of supplier contracts, supplier and PJM payments, supplier credit and collateral requirements, and the implementation of legislative initiatives. Additionally, the analyst performs financial reporting for other Company organizations related to PJM billing and the procurement of various energy supplies and credits. The department manages over $6 billion annually in energy, capacity, transmission, and ancillary services, with collateral requirements exceeding $2 billion annually. The daily processes impact short- and long-term load and financial forecasts, real-time operations, and after-the-fact reporting and settlement across the Company. This position requires continuous collaboration with senior members of Customer Operations, Regulatory and External Affairs, Transmission Operations, Finance, Accounting, and outside consultants.

Requirements

• Bachelor's degree in engineering, economics or relevant discipline and a minimum of 2-4 years of relevant experience, or in lieu of a Bachelor's degree, a minimum of 3-6 years of relevant experience.
• Familiarity with restructured retail marketplace and retail tariffs, billing and enrollments
• Strong interpersonal and excellent written and verbal communications skills
• Ability to solve complex problems and make decisions

Nice To Haves

• Electric utility experience
• Knowledge of company billing systems and practices
• Familiarity with energy wholesale marketplace, OATTs and PJM business rules
• Experience working with Excel spreadsheets and other data analysis tools

Responsibilities

• Support for the design, testing, implementation, documentation and on-going performance of daily operational processes and systems required for PJM bill estimation and PJM bill payment
• On-going responsibility for supplier contract administration and the processing of monthly payments for energy and Renewable Energy Credits, Zero Emissions Credits sand Carbon Mitigation Credits
• On-going responsibility for the preparation of and submittal of quarterly regulatory reporting to ICC and FERC related to energy procurement
• Management of the preparation and submittal of documentation for financial audits and retention of all supplier contract documentation
• On-going responsibility for monitoring of PJM and supplier credit and collateral requirements in coordination with Department Manager and other company organizations

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $72,000.00/Yr. – $99,000.00/Yr.
• Annual Bonus for eligible positions: 10%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees