Senior Rate Analyst/Principal Rate Analyst

Xcel Energy•Eau Claire, WI

2d•Onsite

About The Position

This position may be filled at either the Sr. Rate Analyst or Principal Rate Analyst level, depending on the successful candidate’s background and years of experience. The Sr. Rate Analyst Position Summary is to provide leadership and utilize expertise in the consolidation, documentation and presentation of the information necessary to develop and improve the process for specific components of jurisdictional cost of service studies, revenue requirement determinations, fuel clause adjustment administration and related projects ensuring consistency and accuracy of results. The Principal Rate Analyst Position Summary is to provide project supervision as well as regulatory and technical expertise for jurisdictional cost of service studies, revenue requirement determinations, fuel clause administration, and related projects for the Company's electric, gas and thermal energy businesses for various state and Federal regulatory jurisdictions and agencies. Prepare and file expert testimony and stand cross-examination on contested issues before regulatory agencies.

Requirements

College degree in Business, Accounting, Economics or related field, or equivalent work experience.
Demonstrated knowledge of Company accounting, budgeting and financial forecasting procedures and systems.
Demonstrated detailed knowledge of the Company's cost of service, revenue requirement procedures, and fuel clause adjustment procedures.
Four years of analyst experience (for Sr. Rate Analyst).
Minimum of five years of analyst experience (for Principal Rate Analyst).
Proficient at database and personal computer analytical and reporting tools.
Requires strong verbal and written communication skills.
Must be able to present complex information to a highly diverse group of receivers.
Ability to appear as an expert witness (for Principal Rate Analyst).

Responsibilities

Provide information to Xcel's business units and regulatory management that will assist in the development and implementation of revenue analysis strategies that will meet cost recovery objectives to ensure electric, gas and thermal energy rates are competitive, profitable, and within regulatory guidelines.
Analyze other companies' rate filings and results to increase expertise and keep abreast of regulatory matters.
Consolidate, document, develop and audit specific components necessary to prepare jurisdictional cost of service studies, revenue requirement determinations, fuel clause filings and other related information and schedules.
Develop and provide rate-related information and technical support necessary to support a wide variety of miscellaneous regulatory filings.
Facilitate interveners and Commission staff data request responses and auditing functions on technical issues during general rate filings and other filed petitions, and assist in support required during the hearing process.
Maintain effective communication between Revenue Analysis unit and other Xcel departments.
Provide technical support to other departments concerning revenue analysis information and issues.
Work directly with Information Services to assist in the development, enhancement and maintenance of the area's various information systems to meet the regulatory information needs of the Company and improve the information process.
Provide technical assistance to department employees to increase their knowledge and efficiency particularly in the area of information management, processing and reporting, utilizing the latest information processing tools and technology.
Work with Xcel's business units and regulatory management to develop regulatory strategies and work plans that will meet cost recovery objectives to ensure electric, gas and thermal energy rates that are competitive, profitable, and within regulatory guidelines. This includes the analysis of other companies as well as alternative regulatory approaches
Develop strategies, draft testimony and/or exhibits to support assigned regulatory applications.
Appear as an expert witness on behalf of the company.
Analyze intervener testimony to formulate responsive testimony and assist with cross-examination strategies.
Develop plans to ensure effective revenue analysis strategies are made in a restructured environment.
Develop proposals to achieve Xcel's objectives in jurisdictions implementing retail choice.
Coordinate interveners and Commission staff data request responses and auditing functions on technical issues during general rate filings and other filed petitions, and assist in support required during the hearing process. Also, provide information to Commission/Department when cases are not pending as a Company spokesperson on technical issues.
Provide technical assistance to department employees to increase their knowledge and efficiency in the areas of rate regulation and revenue requirements, information management, processing and reporting.
Other duties as assigned.