Rate Analyst at PEPCO

Newark, Delaware, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Aug, 26

Salary

0.0

Posted On

15 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Rate Design, Regulatory Filing, Cost Of Service Studies, Project Management, Data Analysis, Tariff Drafting, Financial Analysis, Stakeholder Management, Spreadsheet Development, Communication Skills, Negotiation, Problem Solving, Customer Service, Pricing Analysis, Reporting, Attention To Detail

Industry

Construction

Description

Who We Are We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in? Primary Purpose PRIMARY PURPOSE OF POSITION Establish, develop and maintain professional relationships with key leaders across multiple departments that develop, implement and recover the Utilities' revenue requirements and set policies to be applied consistently across the service territory. Leverage internal and external relationships in the development of business plans to implement cost recovery, education of rates structures and their impacts to meet customer and leadership needs regarding service delivery, billing and utility standard service. Project manage reporting and data requirements for regulatory filings, average bill calculations and bill impact determinations for external parties and Executive outreach. 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. Provides open communication to internal and external customers and multiple departments regarding rate changes, structure of rates, costs for services, bill content and the basis for charges to improve customer satisfaction. Position may be required to work extended hours, including 24 x 7 coverage during storms or other energy delivery emergencies. Primary Duties PRIMARY DUTIES AND ACCOUNTABILITIES Drives the 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. (20%) Partners with leads across departments to uphold quality assurance and provides recommendations in the review/referencing of a wide variety of analyses and information produced by the department using analytical and attention to detail skills. (15%) Provides input and understanding of the development and preparation of cost of service studies. Utilizes analytical skills to analyze studies, and resulting output for multi-department use by communicating the related costs, charges and corresponding company policies and procedures to the customer (with a focus on rates and riders). (15%) Project manage the 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. Assists in developing computerized methods for use in analyses. (10%) Reviews and develops in depth understanding of 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. (10%) Meet multiple stakeholder satisfaction and requirements by partnering with internal teams in the preparation of responses to data requests in regulatory proceedings and required reports to regulatory bodies. (10%) Establish and develop strong partnerships with internal departments by developing procedures and communications related to new tariffs and revisions to existing tariffs. (10%) Provide analytical and organizational focus in the preparation of rate case filing documents, using strong analytical background and skills. (10%) Job Scope JOB SCOPE This is an individual contributor position that woks under general supervision and frequently performs non-routine work. This position is expected to resolve most questions and problems through interaction with internal and/or external stakeholders, executives, directors, managers, and staff across the organization. On occasion, may mentor less experienced colleagues. Requests for information or analyses are usually performed independently and are subject to review. Contact with other business units and outside parties requires comprehensive written and oral communications, initiative, judgment and appropriate course of action. Tact, persuasiveness, and perseverance must be utilized. Participation as the department representative on various cross-functional Company projects. Work is somewhat diversified in nature but consists of generally related activities. Decision making authority is related to the completion of projects and assignments. Initiative and judgment are required in determining appropriate courses of action. Work involves the use of computer word processing at an average proficiency level and the use of spreadsheet, and database applications at an advanced proficiency level. Minimum Qualifications MINIMUM QUALIFICATIONS BA or BS degree and 2 - 5 years relevant experience, OR in lieu of bachelor's degree, 6-10 years of relevant analytical and customer service experience is required. Proficiency in word processing, spreadsheet development, and presentation programs. Strong analytical and detail orientation skills on a diverse range of subject matter. Customer driven with good oral and written communications skills and general analytical, problem solving and project management skills. Strong relationship building, negotiation aptitude and customer service orientation. Preferred Qualifications PREFERRED QUALIFICATIONS Degree in legal engineering, business, economics, or financial discipline. Benefits Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $67,200.00/Yr. – $92,400.00/Yr. Annual Bonus for eligible positions: 10% 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.

Responsibilities

The Rate Analyst is responsible for developing and maintaining professional relationships to implement cost recovery and manage regulatory filings for retail electric services. This includes performing cost of service studies, drafting tariff language, and analyzing bill impacts for customers and leadership.