Job Information
Duke Energy Rates & Regulatory Strategy Manager in Charlotte, North Carolina
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Job Summary
This Rates & Regulatory Strategy Manager will provide support for retail regulatory initiatives primarily related to retail base rate cases and other cost recovery filings in North Carolina and South Carolina. The position will be responsible preparing of calculations, schedules and filings; assisting to develop testimony to be used in rate case filings and providing support to rate case witnesses; preparing, reviewing and supporting discovery responses; and assisting with implementation of associated commission orders. Main areas of focus will be revenue requirements and associated proforma adjustments included in base rate cases, performance incentive metrics, and other cost recovery mechanisms that may be proposed.
The successful applicant should be able to support major work streams and work independently to keep process on track to successful completion. They should be able to provide guidance to others (both internal and external to the group) and collaborate effectively with other groups within the Company. They will have a grasp on industry issues and emerging rules, and proactively address how these issues may affect regulatory processes, suggesting proper ratemaking treatment. Developing good working relationships with internal and external customer groups (including regulators) is important. Must be proficient in conflict management and will know how to listen attentively, as well as be able to communicate both orally and in written form proficiently. Must be able to present ideas and concepts clearly to broad groups.
The Carolinas Rates & Regulatory group is within the North Carolina State President’s organization and provides regulatory services for Duke Energy’s regulated electric utilities in North Carolina and South Carolina.
Responsibilities
Provide support for retail rate initiatives in North Carolina and South Carolina; including preparation of complex regulatory filings.
Actively participate in general rate case activities to accomplish appropriate cost recovery for Duke Energy Carolinas and Duke Energy Progress.
Effectively communicate complex regulatory and cost recovery concepts to both internal and external audiences (Duke Energy management, Duke Energy customers, regulators, interveners, etc.).
Participate on cross functional teams to provide regulatory expertise to enable development and successful implementation of business initiatives with appropriate cost recovery mechanisms.
Managing relationships with external contacts and regulators and helping to resolve questions, issues, and challenges experienced through the rate proceedings.
Activities include:
research and strategy development - identify potential regulatory issues/hurdles and propose solutions/strategies to overcome barriers; understands industry issues and emerging issues that may affect ratemaking
data gathering and computations – prepare and review proposed revenue requirements based on historical actual costs and appropriate pro forma adjustments; develop and propose performance incentive metrics that help advance key policy goals
expert witness testimony development – assist in drafting and reviewing witness testimony
provide support to filing and discovery process – respond to or review data requests from intervenors
provide support for implementation of Commission orders
Required Qualifications
Bachelor's degree in Business, Accounting, Mathematics, Finance or other related degree
In addition to bachelor's degree, eight (8) years minimum of related work experience
Desired Qualifications
Previous experience working in the utility industry
Familiarity with ratemaking, revenue requirement, and rate design principles
Rate case support experience
Ability to grasp big picture and reach appropriate conclusions from detailed analysis
Attention to detail and commitment to high level of accuracy
Ability to communicate complex concepts clearly and concisely in both written and verbal communications
Proficiency in using Excel: ability to develop and use complex spreadsheets using advanced techniques
Good time management skills: ability to manage a project and meet deadlines with little supervision
Ability to work effectively under pressure
Ability to deal with ambiguity
Ability to reach compromise positions with others
Ability to develop strong rapport with regulators
Background in finance, regulatory accounting, data analysis or engineering preferred; advanced degree or certification (i.e. MBA or CPA)
Working Conditions
M-F
Hybrid mobility classification - work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable commute to listed locations.
Extended hours may be required at times to meet rate case deadlines
Occasional travel to Raleigh, NC and Columbia, SC for support of hearings
#LI-Hybrid
Travel Requirements
5-15%
Relocation Assistance Provided (as applicable) No
Represented/Union Position No
Visa Sponsored Position No
Posting Expiration Date
Friday, December 6, 2024
All job postings expire at 12:01 AM on the posting expiration date.
Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.
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