Principal Engineer, Asset Management (Hybrid)

Eversource•Manchester, NH

35d•Hybrid

About The Position

This position seeks an experienced and strategic Principal Electrical Asset Management Engineer to drive asset management goals for the Eversource electric transmission system (69kV and above) across all Eversource territories. This role plays a critical part in ensuring system reliability, regulatory compliance, and cost-effective long-term infrastructure planning. The successful candidate will provide technical leadership in developing and evaluating asset health and project prioritization planning and modeling, investigating potential investment opportunities, driving lifecycle investment strategies, and producing optimized asset management investment plans while minimizing reliability risk and maximizing system performance.

Requirements

Undergraduate degree in engineering required; electrical engineering strongly preferred
10+ years of experience in electrical utility engineering, with 5+ years in asset management or lifecycle planning
Deep knowledge of electric transmission and distribution systems
Strong understanding of industry regulations, reliability standards, and risk modeling methodologies
Proficiency in data analytics tools and asset management software
Excellent written and verbal communication skills, with ability to present complex technical concepts to non-technical audiences
Must be available to work emergency restoration assignment as required.
Must be available to travel between MA/CT/NH as necessary.

Nice To Haves

Master's degree in electrical engineering or related engineering field preferred
Professional Engineer (PE) license strongly preferred

Responsibilities

Asset Strategy Development: Lead the development and implementation of comprehensive asset management plans for electrical infrastructure including substations, transformers, circuit breakers, protection systems, overhead and underground transmission lines,
Data-Driven Decision Making: Analyze condition assessment data, inspection reports, outage records, and performance metrics to assess asset health and determine prioritization of capital and O&M investments.
Capital Budget Planning: Oversee development and prioritization of the Transmission capital budget, ensuring that Eversource's highest priority needs are met.
Asset Lifecycle Management: Develop and maintain asset lifecycle models to support long-term planning and replacement planning.
Risk Assessment & Mitigation: Develop probabilistic and consequence modeling to evaluate asset risk, recommend mitigation strategies, and support the integration of risk-based decision-making into capital planning.
Cross-Functional Leadership: Collaborate with engineering, project management, operations, finance, regulatory, and planning teams to align asset decisions with business objectives and regulatory expectations.
Regulatory & Compliance Support: Provide technical documentation, justifications to support regulatory filings and rate case submissions.
Technology Integration: Support the adoption of modern asset management technologies including an Asset Management Performance System (APM) and machine learning.
Mentorship & Guidance: Mentor junior engineers and serve as the technical SME (Subject Matter Expert) for asset management best practices and standards (e.g., ISO 55000, NERC, FERC, ISO-NE).
Identify, initiate, and prioritize projects for inclusion in the one-year and five-year Capital Budget Plan
Works with Engineering, Project Management, and Cost Estimating to develop detailed project scope, cost, and schedule.
Lead interdisciplinary project team to select the best solution, document alternatives analysis, and present project approval justifications to the Solution Design Committee and/or Eversource Project Approval Committee