Manager of Rates and Pricing (Power Industry)

Arch Staffing & Consulting; Houston (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

A leading company in the power industry seeks a Rates and Pricing Manager to oversee pricing strategies and economic analysis. This senior-level role involves cross-functional collaboration, team management, and advising on rate-related decisions to support utility objectives. The ideal candidate will have extensive experience in rate design and financial modeling, contributing to the organization’s strategic goals while ensuring customer satisfaction.

Qualifications

• At least 7 years of experience in retail customer engagement and rate design.
• Bachelor’s degree or 2 years of relevant experience in lieu.

Responsibilities

• Lead the organization’s retail and wholesale pricing strategies.
• Manage the Rates & Pricing team, including training and performance management.
• Develop economic models and analysis for rate design and policies.

Skills

Financial Modeling

Economic Analysis

Communication

Leadership

Education

Bachelor’s degree in Economics

Master’s or PhD in Economics

Job description

Manager of Rates and Pricing (Power Industry)

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Position Overview

The Rates and Pricing Manager is a senior-level role responsible for leading the organization’s retail and wholesale pricing strategies, rate design, and economic analysis. This position supports the utilities by managing the Rates and Pricing function, including staff supervision and technical leadership. The role is vital in supporting the utility’s strategic objectives to maintain financial strength, deliver long-term low rates, and enhance customer service. Key responsibilities include cross-functional collaboration on customer rate design, financial modeling, and risk analysis, and advising the Executive Team on rate-related decisions.

Essential Functions

• Develop economic models and analysis for rate design, policies, load forecasting, and related fees. Build complex financial models, develop customer-focused products and pricing, and perform cost of service and allocation analysis.
• Design and develop rates, pricing, and contract strategies in a dynamic retail and wholesale environment.
• Execute and manage analytical efforts, providing high-quality utility rate and financial consulting. Communicate effectively with stakeholders, balancing customer focus with organizational goals.
• Promote safety as a core value and lead safety initiatives within the team.
• Manage the Rates & Pricing team, including training, development, and performance management.
• Plan work efficiently, coordinate with other departments, and develop departmental goals aligned with organizational objectives.
• Support load forecasting efforts, including variance analysis and modeling.
• Lead the ratemaking process, including rate proposals and documentation, and oversee cost-of-service studies.
• Maintain and analyze relevant rates and benchmarking data, participate in industry surveys.
• Design strategies for rates, policies, and fees, including public outreach and regulatory coordination.
• Collaborate on product offerings and rate schedules with various departments to evaluate risks and opportunities.
• Support financial forecasts and strategic planning through economic analysis.
• Communicate ideas and present in public forums to stakeholders, customers, and officials.
• Assign priorities, provide training, and conduct performance reviews for team members.
• Handle administrative functions such as budgeting, hiring, and safety compliance.
• Foster a safety culture by adhering to safety policies, reporting hazards, and promoting safety initiatives.
• Uphold organizational values, mission, and compliance standards.

Required Qualifications

• Bachelor’s degree in Economics, Math, Accounting, Finance, Business Administration, Science, or equivalent; or 2 years of relevant experience in lieu of a degree.
• At least 7 years of experience in retail customer engagement, cost-of-service studies, rate design, and load forecasting.

Preferred Qualifications

• Master’s or PhD in Economics, Accounting, Finance, Business Administration, or related fields.
• Experience in electric power industry, wholesale rate making, transmission, and ancillary services.
• Prior leadership experience in a similar role.

Knowledge, Skills & Abilities

• Understanding of electric utility operations and rate development principles.
• Proficiency in financial modeling, economic analysis, and regulatory processes.
• Excellent communication skills for diverse audiences.
• Strong organizational, leadership, and decision-making capabilities.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job functions: Analyst, Business Strategy, Planning
• Industries: Government, Utilities