Load Forecasting Specialist

PSEG Long Island LLC; Hicksville (NY); Hybrid; USD 67,000 - 106,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Tuition reimbursement

Paid time off

Life insurance

Job summary

PSEG Long Island LLC is seeking an analytical professional to provide support for power system management, forecasting electricity use for 1.1 million customers on Long Island. The role interacts with finance, energy efficiency, and ISO bodies to deliver reliable load projections.

Responsibilities include regression modeling, regulatory testimony preparation, and data analyses. Requires a quantitative degree, 3+ years in utilities, and SAS proficiency.

Qualifications

• Bachelor's degree in a quantitative field is required.
• Minimum of 3 years’ experience in quantitative analysis in utilities.
• Strong regression analysis skills and advanced spreadsheet modeling.
• Proficient in SAS or similar statistical software; excellent communication.

Responsibilities

• Monitor electricity use, weather and economic data; create monthly variance analyses.
• Join NYISO Load Forecasting Task Force to ensure regulatory compliance.
• Prepare testimony and exhibits supporting load forecasts for DPS Rate Cases.
• Respond to data requests from federal, state and local authorities.
• Develop regression models for weather normalization and peak demand.

Skills

Regression analysis

Spreadsheet modeling

Communication skills

Education

Bachelor's degree in Mathematics, Economics, Engineering, Computer Science, or a similar quantitative major

Tools

SAS

MS Office

Job description

PSEG Company : PSEG Long Island

Salary Range : $ 67,200 - $ 106,400

Work Location Category : Hybrid

We’re one of the country’s largest energy companies, with a vision of powering a future where people use energy more efficiently and it’s safer and delivered more reliably than ever. We’re also deeply connected to the communities we serve, with more than 13,000 employees working together to support our customers and make a difference every day.

Here, you’ll have the stability and exciting opportunities that come with being a Fortune 500 company — along with a supportive, friendly work environment where your contributions are valued.

We offer a flexible work environment designed to balance employee needs with collaboration and operational excellence.

Roles fall into two categories:

• Onsite: Employees work onsite daily.
• Hybrid: A blend of remote and onsite work, with at least three onsite days per week required.

As an employee, if you are regularly scheduled to work 20 or more hours per week, you will have access to a wide range of comprehensive benefits designed to support your total well-being: medical, dental, vision, paternal leave and family leave programs, behavioral health programs, 401(k), life insurance, tuition reimbursement, and generous paid time off.

More than 13,000 people already call PSEG their work home, taking pride in providing safe, reliable service to millions of customers. If you’re looking for a place where you can build a meaningful career and help power and support our communities, we’d love to welcome you to the team.

PSEG is not offering visa sponsorship for this position.

Job Summary

This position provides analytical support to the Power System Management organization, which includes developing forecasts of electricity use for 1.1 million Long Island customers with annual sales of over 18,000 GWH and a summer peak load of 5,400 MW. Candidates will interact with all members of Power Markets as well as colleagues in Finance, Energy Efficiency, Electric Operations and with Long Island Power Authority (LIPA), New York Independent System Operator (NYISO) and New York State Department of Public Service (DPS). The range of activities for this position may run from analyzing and explaining customer electric use to acting as lead with other PSEG Long Island organizations for financial, resource and reliability planning. The candidate is expected to become the subject matter expert (SME) and to be able to coach and lead others.

More specifically, responsibilities will include, but are not limited to, the following:

Job Responsibilities

• Monitor electricity use, weather, economic and demographic results and develop variance analyses for reporting to PSEGLI, LIPA and DPS each month.
• Participate on the NYISO's Load Forecasting Task Force (LFTF) to ensure compliance with federal, regional and New York State regulatory requirements for reliability
• Prepare written testimony and exhibits supporting PSEGLl's load forecast for DPS Rate Cases
• Respond to requests from federal, regional, state and local authorities for historical and forecasted utility data and analyses
• Develop regression models for the weather normalization and probabilistic distribution of System Peak Demand
• Create spatial load, load pocket, feeder and extreme weather forecast projections to support of Distributed System Implementation Plan (DSIP) goals under the NYS DPS Reforming the Energy Vision (REV) initiative
• Prepare operational analyses and provide recommendations for deployment of real time peak load reduction programs
• Support regulatory proceedings and forecast requirements for Fuel & Purchase Power Cost Projections, Capital Budgets, PSEGLI Integrated Resource Plan, LIPA Financing & Securitization and various ISO filings including FERC 715
• Develop hourly electric load simulations foreconomic dispatch production cost modeling
• Support other PSEG LI organizations by providing expertise in applied mathematics

Job Specific Qualifications

• Bachelor's degree in Mathematics, Economics, Engineering, Computer Science, or a similar quantitative major
• Minimum of 3 years’ experience in quantitative analysis, with at least three years’ experience with the utility industry, working for an electric investor-owned or public utility company, a company participating in the electric power markets, as a consultant to a public or private utility, or a similarly situated government policy or regulatory body
• Must have skill in regression analysis
• Demonstrated ability to design and use complex spreadsheets
• Proficient in MS Office Tools
• Must have excellent interpersonal, verbal and written communication skills
• Proficient programming skills in SAS or similar statistical analysis software

Desired:

• Master’s Degree preferred
• Excellent analytical skills and the ability to identify trends and relationships in data
• Conceptual thinking and creative problem solving abilities
• Capacity to manage multiple projects and meet deadlines
• Convincing oral and written communication skills and the ability to manage complicated processes

Some positions at PSEG require access to information covered by the Department of Energy’s regulation 10 CFR 810 (Part 810). If applicable, the successful applicant must prove they are: (1) a citizen or national of the USA; OR (2) a lawful permanent resident of the United States (Non-Conditional Permanent I-551 / Green Card / Permanent Resident Card holder); OR (3) a citizen, national, or permanent resident of a “Generally Authorized” destination on the attached list and not also a citizen, national, permanent resident of any country not listed; OR (4) a “Protected Individual” under the Immigration and Naturalization Act (8 U.S.C 1324b(a)(3)).

As an employee of PSEG Long Island, you should be aware that during storm/outage restoration efforts, you may be required to perform functions different from normal operations and work extended hours beyond your regular work schedule. You may also be required to work on premise or in an alternate location as directed by the company.

For all roles, PSEGLI’s drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing.
Employees who are hired or transfer into a federally regulated role (including positions covered by USDOT, PHMSA, or NRC regulations) are subject to random drug and alcohol testing, inclusive of marijuana. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and medically, the use of these products are prohibited for employees in federally regulated roles. Please note that the use of CBD products may result in a positive drug test for THC/Marijuana and such use is not a legitimate medical explanation for a positive result.

If you are a current PSEG employee and offered an opportunity with PSEG Long Island, you will be treated as a new hire. Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires. Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits will change and generally will be consistent with other similarly situated new hires of that company.

PSEGLI is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.
PSEGLI is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email [e-mail].
If you need to request a reasonable accommodation to perform the essential functions of the job, email [e-mail]. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.

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