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Principal Consultant, Rates and Regulatory

  • Job type: Permanent
  • Job reference: : BBBH121437
  • Location: USA, Virginia, Fairfax
  • Sector: SMART Grid, Utilities
  • Salary: Negotiable
  • Date posted: 12/08/2018
As a result of rapid growth in our strategic consulting business, we are seeking a Principal Consultant to join our Utility Strategy Practice. This is a client facing position, reporting to the Head of Energy Business Advisory. The Principal will be responsible for delivering and managing on-going rate strategy, cost of service, and rate design engagements, while also contributing to new order intake and business development, for US electric and gas utilities.

Responsibilities:

 Provide a range of rate strategy, rate design, rate incentives, cost of service and financial analysis consulting services to publically and investor owned electric utility clients.
 Provide credible, expert testimony as needed for rate and regulatory hearings related to rate design, rate studies.
 Provide rate design program assessments, wholesale and retail rate design assessments and design incentive program to help clients meet their business objectives.
 Develop staffing plans for short, mid and long term rate and cost of service related projects.
 Mentor and train staff members to assist with rate focused engagements.
 Create project staffing plans, budgets and margin expectations, and manage engagements within these parameters.
 Ensure that staffing resources are deployed appropriately, and that quality control systems and practices are implemented.
 Manage project teams of senior consultants, consultants, analysts and sub-contractors.
 Simulate recommended rate management strategies; bring a best practice perspective to clients' rate making programs.
 Contribute to the growth strategy for the Utility Strategy Practice. Our Strategy Practice includes Digital Grid Modernization, Electric Utility Integrated GT&D planning, Power and Fuel Market Forecasting, Risk Management and Rates and Regulatory practices.
o The responsibilities will include contributing to the evolution of offerings to keep them best in class as well as the development and introduction of new consulting products.
 Contribute to the business development and sales process, including through identification and pursuit of new leads from both new and existing clients.
 Work with power/energy/environmental market experts to develop a view of future rate designs to align rates with costs, provide incentives for achieving targeted objectives for penetration of distributed generation, energy efficiency, demand response and other programs.
 Exercise thought leadership to guide the research and development of emerging issues and solutions impacting risk management in the power and energy industry. Publish thought leadership pieces.

Required Knowledge/Skills, Education, and Experience:

 10+ years of consulting experience in the power / energy industry
 In depth knowledge of rate analyses, rate design, cost of service and rate modeling
 Experience with depreciation studies, end use studies and load and energy forecasting
 Strong quantitative background, by education and / or professional experience
 Testimony experience in rate design and cost of service
 Experience with Matlab and/or SQL coding and applications a plus
 Masters or PhD in Business, Accounting, Economics or other Applicable Technical Discipline
 Ability to provide strong technical leadership / oversight for a wide range of economic and statistical analyses in the energy field
 Detailed knowledge of electric power, natural gas, environmental markets, generation, transmission, distribution and energy demand
 Strong expertise in US energy/power market analysis and a detailed understanding of the analytical tools / software used in the industry

Spencer Ogden is acting as an Employment Agency in relation to this vacancy.