Utility Rate & Financial Consultant

Power System Engineering Inc • Arden Hills, MN

4h • $104,168 - $143,974 • Hybrid

About The Position

This position supports the Economics, Rates, and Business Planning Department by evaluating rate changes, ensuring regulatory compliance, and contributing to long-term financial planning. The ideal candidate brings strong analytical and financial modeling skills, sound judgment, and the ability to thrive in a fast-paced, collaborative environment. Preferred to have someone hybrid at one of our PSE offices.

Requirements

• A bachelor’s degree in business, finance, accounting, economics, or mathematics is strongly preferred.
• 5+ years of related experience in consulting and/or a utility industry.
• Strong analytical and quantitative skills, with experience in financial modeling and forecasting.
• Knowledge of rate structures, regulatory requirements, and utility or service pricing.

Responsibilities

• Lead development of rate class cost of service studies to assess and design utility wholesale and retail rates, ensuring alignment with regulatory requirements and company objectives.
• Lead analysis and design of pricing and customer engagement programs including time-of-use rates, load management, EV charging, distributed generation, and large load (e.g., data center) contracts.
• Conduct benchmarking and evaluation of utility rates across multiple utilities and customer classes for various electrical end uses.
• Develop and present analyses, exhibits, and supporting materials for regulatory filings, including expert testimony and rate case support.
• Perform complex financial and rate analyses, including assessment of existing rates, proposed changes, regulatory filings, and required adjustments to rate structures under general direction with independent judgment.
• Develop long-range revenue and expenditure forecasts, incorporating capital plans and debt service requirements into rate and financial planning.
• Build cost-benefit and feasibility models to evaluate demand-side management programs (energy efficiency and demand response) and assess solar, battery, and hybrid project viability.
• Manage and document project progress, timelines, and budgets while collaborating with internal stakeholders and external partners to develop, revise, and implement rate structures, schedules, and regulatory submissions.

Benefits

• Discretionary annual performance-based profit-sharing bonus
• 401(k) retirement plan and employer safe harbor contribution
• Cell phone reimbursement
• Comprehensive health, health savings account (HSA), dental, vision, flexible spending account (FSA) & dependent care reimbursement account
• Life insurance, short & long-term disability, and other voluntary coverages
• Employee Assistance Program (EAP)
• Paid time off, including holidays and volunteer time off (VTO) to serve our communities
• Professional development opportunities and educational assistance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level