Principal, Rate Strategy

Tucson Electric Power•Tucson, AZ

About The Position

The Principal, Rate Analysis & Strategy serves as an expert in rate design, pricing strategy, and customer economics, providing advanced technical, strategic, and analytical expertise to support the organization's financial, regulatory, and customer objectives. This role contributes to developing long-term pricing strategies, evaluating rate structures, and advising executive leadership on complex issues related to revenue recovery, customer affordability, electrification, and the evolving energy landscape. As a recognized enterprise thought leader, the Principal partners closely with Regulatory Affairs, Finance, Integrated Resource Planning, Customer Experience, Load Forecasting, and Executive Leadership to develop innovative and sustainable pricing approaches that balance customer value, regulatory expectations, and utility business needs.

Requirements

  • Bachelor's degree or higher in Economics, Finance, Business, Engineering, Mathematics, Statistics, Energy Systems, or a related field.
  • 10+ years of experience in utility pricing, rate design, regulatory affairs, energy economics, customer analytics, or related disciplines, including experience leading increasingly complex analytical and strategic work.
  • Demonstrated expertise in cost-of-service principles, rate design methodology, tariff development, and utility economics.
  • Ability to independently develop and communicate complex rate design, pricing, and customer-impact analyses.
  • Ability to translate complex analytical and regulatory concepts into clear recommendations for executive, regulatory, and nontechnical audiences.
  • Experience supporting regulatory proceedings and rate cases.
  • Advanced analytical and financial modeling skills.
  • Equivalent combinations of education and experience will be considered.

Responsibilities

  • Serve as a subject matter expert and strategic advisor on utility rate design, pricing strategy, and customer economics.
  • Lead development of long-term pricing and rate design strategies emphasizing financial sustainability, customer affordability, efficient cost recovery, and regulatory objectives.
  • Translate cost-of-service results, load characteristics, customer usage patterns, and revenue requirements into rate design recommendations.
  • Evaluate and recommend pricing structures, including time-of-use, demand-based, dynamic, electrification, and distributed energy resource tariffs.
  • Provide technical expertise for rate cases, regulatory filings, tariff development, and stakeholder engagement activities.
  • Lead complex analyses of the financial, operational, and customer impacts of pricing initiatives.
  • Develop business cases supporting new tariffs, customer programs, and strategic initiatives.
  • Influence executive decision-making through data-driven recommendations and thought leadership.
  • Develop and maintain models and analytical frameworks for evaluating rate structures and customer impacts.
  • Monitor industry, technology, customer, and regulatory trends and assess implications for pricing strategy.
  • Represent the organization as a subject matter expert in regulatory proceedings, industry forums, and stakeholder discussions.
  • Serve as a technical resource and mentor to employees working on rate design, tariff development, and pricing analysis.
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