Energy Analyst

Virginia State Corporation Commission; Richmond (VA); Hybrid; USD 55,000 - 70,000; Full time

Benefits offered by this job

Continued education

Professional development

Career growth

Job summary

The Virginia State Corporation Commission seeks an Energy Analyst for the Division of Public Utility Regulation. The role supports regulation of Virginia utilities with a hybrid schedule (3 days telework, 2 days in office) and opportunities for continuing education and career growth.

Essential duties include evaluating rate proposals, conducting cost of service studies, designing class rates, and presenting expert testimony.

Qualifications

• Bachelor’s degree in accounting, business, economics, finance, mathematics, public administration, statistics, or a related field.
• Experience with financial, economic, or statistical analysis.
• Ability to conduct investigations to ensure compliance with statutes.
• Strong research and detailed analytical reading skills.

Responsibilities

• Investigate electric and gas utility proposals for rate changes and related plans.
• Conduct jurisdictional and class cost of service studies.
• Design rates to recover the revenue requirement.
• Perform statistical analysis of utility proposals.
• Monitor PJM States and FERC-related conferences and meetings.
• Document findings in pre-filed testimony and reports.
• Defend findings as an expert witness at evidentiary hearings.
• Participate in professional development to advance regulatory knowledge.
• Perform related work as assigned.

Skills

Financial analysis

Statistical analysis

Cost-benefit analysis

Linear regression

Education

Bachelor's degree in accounting, business, economics, finance, mathematics, public administration, statistics

Job description

Starting Salary Range: $54,808 - $70,000

The State Corporation Commission’s Division of Public Utility Regulation seeks an Energy Analyst interested in a rewarding public service career. The Division of Public Utility Regulation (PUR) provides support to the Commission in its regulation of Virginia’s investor-owned electric, natural gas, water, and sewer utilities; member-owned electric cooperatives; and the telecommunications industry. This position offers a hybrid work schedule, generally 3 days of telework and 2 days in office per week, as well as continuing education, professional development opportunities, and career growth.

Essential Duties and Responsibilities

• Investigate electric and gas utility proposals for rate increases, certificates of public convenience and necessity, integrated resource plans, demand side management programs, and renewable portfolio standard plans
• Conduct jurisdictional and class cost of service studies of utility rate proposals
• Design rates for each rate class to recover the revenue requirement
• Perform statistical analysis of utility proposals
• Monitor Organization of PJM States Inc., PJM Interconnection, LLC, and Federal Energy Regulatory Commission related conferences, meetings, and presentations
• Document findings of investigations in pre-filed written testimony and reports
• Defend findings as an expert witness at evidentiary hearings
• Participate in professional development opportunities to advance knowledge of the ever-changing energy industry, public utility laws, and regulatory practices
• Perform related work as assigned

Preferred Qualifications

• Professional experience with financial or economic analysis, linear regressions, statistical analysis, and/or cost-benefit analysis
• Experience or exposure to utility cost of services studies and/or knowledge of PJM energy and capacity markets is a plus
• Without related professional experience, the minimum requirement is a bachelor’s degree in accounting, business, economics, finance, mathematics, public administration, statistics, or a related field
• Ability to conduct investigations to determine compliance with existing statutes, rules and regulations
• Exceptional research skills with highly detailed analysis and strong reading comprehension
• Ability to work on studies or research projects and exercise judgement in collecting statistical, economic, financial, and administrative data in writing narrative interpretations
• Ability to convey technical information to both technical and non-technical audiences through verbal and written communication
• Ability to effectively prepare and present oral testimony in a court proceeding
• Self-starter who can manage tasks independently
• Ability to establish and maintain professional working relationships with SCC staff and industry personnel