Regulatory Consultant Senior or Regulatory Consultant Principal (Electric Utility)

American Electric PowerColumbus, OH
$87,633 - $128,689Onsite

About The Position

This role is for a regulatory professional with technical knowledge in rate proceedings at the Federal Energy Regulatory Commission and retail jurisdictions. The ideal candidate will have electric utility experience and the ability to collaborate with diverse stakeholders to solve complex problems. Familiarity with industry trends in cost of service and rate design for new technologies, along with strong analytical and problem-solving skills, is essential. The position requires a developed understanding of federal regulations, standards, and business processes. This role provides high-value input for regulatory strategy development, supports negotiation strategies, and educates others on the relationship between cost drivers and revenue. An extensive knowledge of regulatory developments across multiple jurisdictions is expected to inform cost recovery strategies.

Requirements

  • Technical knowledge regarding rate proceedings at the Federal Energy Regulatory Commission and in retail jurisdictions.
  • Electric utility experience.
  • Ability to communicate, organize, and coordinate work across multiple specialized stakeholders to develop coherent solutions to complex problems.
  • Familiarity with industry activity and outcomes regarding cost of service and rate design associated with new technologies and recovery strategies.
  • Detailed knowledge in the application of theory to perform detailed mathematical analysis and solve problems with very limited guidance from higher level personnel.
  • Developed working knowledge of federal regulations and standards, codes, concepts, systems, docket research and business processes relevant to work assignments.
  • Expert level knowledge of complex regulatory matters for issues related to revenue requirements, cost-of-service, rate design, tariffs, accounting, and current legislative and regulatory policy issues impacting electric utilities.
  • Proficiency with spreadsheets.
  • Proficient oral and written communication skills, including the ability to articulate strategy and provide guidance to management and witnesses on case.
  • Must possess analytical problem-solving skills.
  • Required to work mandatory "on-call" requirements over weekends, holidays, vacations, etc. as necessary to meet regulatory requirements, including filing dates required by the Company or as imposed by an applicable regulatory Commission.
  • Occasional travel will be required, such as to attend or testify at hearings, to support witnesses at hearings, to participate in Commission Staff and/or stakeholder meetings/events, to advocate the Company’s position in various federal, regional, or state venues, to attend training, etc.

Nice To Haves

  • Master’s degree, in areas of study identified above, is beneficial but not required.
  • Certified Public Accountant, Certified Internal Auditor, Professional Engineer, or similar certification/license is beneficial but not required.
  • Experience providing expert testimony in public utility regulatory filing is beneficial but not required.

Responsibilities

  • Develops direct and rebuttal testimony, responds to discovery requests, responds to Commission audits, acts as a witness and supports the preparation of other witnesses.
  • Leads organizational unit activities related to specific, unique and/or highly specialized areas of regulatory practice.
  • Promotes professionalism and standards, influences the direction of thinking through the organizational unit as a recognized authority.
  • Operates with little or no supervision in a complex environment.
  • Develops, implements, and leads projects and process work by establishing measurable goals, objectives and requirements.
  • Participate in strategic initiatives related to areas of expertise.
  • Addresses company system-wide issues within specialized field of expertise; and reviews planned work of others.
  • Anticipates, identifies, clarifies, resolves and initiates solutions to internal and/or external unique and specialized problems that sometimes involve analysis of inadequate or conflicting data.
  • Leads in preparation and presentation of complex regulatory subjects and strategies in a clear, concise and effective manner to management and/or regulatory bodies.
  • Make complex decisions based on calculated risk and be held accountable for these complex decisions.
  • Have a comprehensive knowledge of the impact of decisions on other organizational units internal and external of the company.
  • Possess expert knowledge to defend decisions that are made in the interest of the company.
  • Demonstrate the ability to extrapolate beyond known facts to reach a logical conclusion.
  • Participate and/or lead in the use and development of moderately complex analytical tools to support regulatory planning and regulatory filings.
  • Proficiently utilize analytical tools and data management skills to provide actionable recommendations for regulatory planning and regulatory filings.
  • Consult with others to understand, identify, prioritize and develop actionable recommendations.
  • Develop and present analysis and solutions that support strategic initiatives.

Benefits

  • Base salary
  • Annual bonus
  • 401K match
  • AEP Pension
  • Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
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