Sr Rate Analyst

PEPCO•Washington, DC

About The Position

Regulatory Policy 1. Act to provide data and analytical support for specific segments of regulatory filings and/or audits. The Revenue Policy function is to plan, coordinate, recommend and support revenue requirement strategies for timely development of filings, along with responding to informational and audit requests from internal and external parties. 2. Assist with research and analysis of accounting, tax and financial issues associated with regulatory matters. Effectively communicate the analysis to appropriate management. 3. Apply critical analytical skills in the preparation of regulatory data filing requirements for rate case (distribution and transmission) proceedings. Assist in the drafting of witness testimony and prepare responses to discovery (data) requests of regulators and external parties. 4. Monitor regulatory hearings, proceedings and meetings (of Pepco and Delmarva Power). Prepare and analyze impacts of potential outcomes as requested. Under the direction of the Regulatory Specialists Manager, act as a conduit for regulatory compliance matters including but not limited to all records management matters to/from Pepco, Delmarva Power and Exelon, track and report ongoing commitments, and support other regulatory compliance policies and procedures. Obtains and compiles necessary internal data/information and assists in the preparation of cost-of-service studies. Performs and reviews analyses related to cost of service, rate design, and pricing of retail electric services, including the evaluation of impacts on the Company and its customers. Prepares various informational filings. Reviews new tariffs and revisions to existing tariffs for the provision of retail electric services. Prepares information used in rate related regulatory proceedings, reports filed with regulatory bodies, and external communications related to retail rate proposals. Participates with other Company departments to evaluate, develop and implement procedures associated with new tariffs and revisions to existing tariffs. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies. Obtains and compiles necessary internal data/information and assists in the preparation of cost-of-service studies. Performs and reviews analyses related to cost of service, rate design, and pricing of retail electric services, including the evaluation of impacts on the Company and its customers. Prepares various informational filings. Reviews new tariffs and revisions to existing tariffs for the provision of retail electric services. Prepares information used in rate related regulatory proceedings, reports filed with regulatory bodies, and external communications related to retail rate proposals. Participates with other Company departments to evaluate, develop and implement procedures associated with new tariffs and revisions to existing tariffs. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Requirements

BA or BS degree and 4-8 years relevant experience, with a minimum of 2-4 years in Company areas relating to finance, regulatory activities, or retail rate application, OR in lieu of bachelor's degree, 6-9 years of relevant experience is required.
Proficiency in word processing, spreadsheet, and presentation programs
Strong analytical and detail orientation skills on a diverse range of subject matter
Strong written and oral communication skills
Ability to work independently and in team settings with minimal supervision

Nice To Haves

Degree in engineering, business, economics, or financial discipline

Responsibilities

Provide data and support for the preparation of written testimony, regulatory audits and post-filing implementation requirement activities.
Support and monitor regulatory hearings, proceedings and meetings. Assist in the analyses of accounting and financial impacts on the company of potential outcomes. Assist with preparation of appropriate reports to management identifying issues and suggesting appropriate actions to address issues raised by commission decisions and rule making.Regulatory Compliance
Prepares and assists with preparation of regulatory filings for new tariffs or revisions to existing tariffs for the provision of retail electric services. Prepares and submits informational filings containing prices for retail electric services determined pursuant to formulae and related provisions in approved tariffs and the associated work papers supporting the determination of these prices.
Provides quality assurance and recommendations in the review/referencing of a wide variety of analyses and information produced by the department using analytical and attention to detail skills.
Collaborates in the development and preparation of cost of service studies. Performs specialized analyses within such studies for other's use utilizing analytical skills.
Performs and reviews analyses related to rate design and pricing of retail electric services, including preparing typical bill reports, bill impact studies, and related reporting requirements for filing with regulatory agencies and for external communications related to retail rate proposals. Develops computerized methods for use in analyses.
Reviews new tariffs and revisions to existing tariffs for retail electric services, including drafting tariff language. Responds to inquiries regarding the design and application of rates for the provision of retail electric services to organizations within the Company.
Prepares and reviews responses to data requests in regulatory proceedings and required reports to regulatory bodies.
Assists other areas in the Company in developing procedures and communications related to new tariffs and revisions to existing tariffs.

Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $86,400.00/Yr. – $118,800.00/Yr.
Annual Bonus for eligible positions: 15%
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
And much more
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.