Principal, Rate Strategy

TEP Tucson Electric Power Company; Tucson (AZ); On-site; USD 140,000 - 210,000; Full time

Job summary

Tucson Electric Power Company is seeking a Principal, Rate Analysis & Strategy to shape long-term pricing and rate design. You will work with Regulatory Affairs, Finance, and Leadership to guide revenue recovery, affordability, and electrification efforts while balancing customer value and regulatory expectations.

The ideal candidate brings 10+ years in utility pricing and strong analytical and communication skills to influence executive decisions and develop innovative pricing approaches.

Qualifications

• Bachelor’s degree or higher in Economics, Finance, Business, Engineering, Mathematics, Statistics, Energy Systems, or related field.
• 10+ years of experience in utility pricing, rate design, regulatory affairs, energy economics, customer analytics, or related disciplines, including experience leading increasingly complex analytical and strategic work.
• Demonstrated expertise in cost-of-service principles, rate design methodology, tariff development, and utility economics.
• Ability to independently develop and communicate complex rate design, pricing, and customer-impact analyses.
• Ability to translate complex analytical and regulatory concepts into clear recommendations for executive, regulatory, and nontechnical audiences.
• Experience supporting regulatory proceedings and rate cases.
• Advanced analytical and financial modeling skills.

Responsibilities

• Serve as a subject matter expert and strategic advisor on utility rate design, pricing strategy, and customer economics.
• Lead development of long-term pricing and rate design strategies that emphasize financial sustainability, customer affordability, efficient cost recovery, and regulatory objectives.
• Translate cost-of-service results, load characteristics, customer usage patterns, and revenue requirements into rate design recommendations.
• Evaluate and recommend innovative pricing structures, including time-of-use, demand-based, dynamic, electrification, and distributed energy resource tariffs.
• Provide advanced technical expertise for rate cases, regulatory filings, tariff development, and stakeholder engagement activities.
• Lead complex analyses assessing financial, operational, and customer impacts of pricing initiatives.
• Develop business cases supporting new tariffs, customer programs, and strategic initiatives.
• Influence executive decision-making through data-driven recommendations and thought leadership.
• Develop and maintain models and analytical frameworks used to evaluate rate structures and customer impacts.
• Monitor emerging industry, technology, customer, and regulatory trends and assess their implications for the organization’s pricing strategy.
• Represent the organization as a subject matter expert in regulatory proceedings, industry forums, and stakeholder discussions.
• Serve as a technical resource and mentor to employees working on rate design, tariff development, and pricing analysis.

Skills

Rate design

Pricing strategy

Customer economics

Financial modeling

Regulatory affairs

Education

Bachelor’s degree or higher in Economics, Finance, Business, Engineering, Mathematics, Statistics, Energy Systems, or related field

Job description

We are looking for talented individuals who are passionate about making an impact in the company and the community.

Position Description

The Principal, Rate Analysis & Strategy serves as an expert in rate design, pricing strategy, and customer economics, providing advanced technical, strategic, and analytical expertise to support the organization’s financial, regulatory, and customer objectives.

This role is a key contributor for developing long-term pricing strategies, evaluating rate structures, and advising executive leadership on complex issues affecting revenue recovery, customer affordability, electrification, and the evolving energy landscape.

As a recognized enterprise thought leader, this position partners closely with Regulatory Affairs, Finance, Integrated Resource Planning, Customer Experience, Load Forecasting, and Executive Leadership to develop innovative and sustainable pricing approaches that balance customer value, regulatory expectations, and utility business needs.

Key Responsibilities

• Serve as a subject matter expert and strategic advisor on utility rate design, pricing strategy, and customer economics.
• Lead development of long-term pricing and rate design strategies that emphasize financial sustainability, customer affordability, efficient cost recovery, and regulatory objectives.
• Translate cost-of-service results, load characteristics, customer usage patterns, and revenue requirements into rate design recommendations.
• Evaluate and recommend innovative pricing structures, including time-of-use, demand-based, dynamic, electrification, and distributed energy resource tariffs.
• Provide advanced technical expertise for rate cases, regulatory filings, tariff development, and stakeholder engagement activities.
• Lead complex analyses assessing financial, operational, and customer impacts of pricing initiatives.
• Develop business cases supporting new tariffs, customer programs, and strategic initiatives.
• Influence executive decision-making through data-driven recommendations and thought leadership.
• Develop and maintain models and analytical frameworks used to evaluate rate structures and customer impacts.
• Monitor emerging industry, technology, customer, and regulatory trends and assess their implications for the organization’s pricing strategy.
• Represent the organization as a subject matter expert in regulatory proceedings, industry forums, and stakeholder discussions.
• Serve as a technical resource and mentor to employees working on rate design, tariff development, and pricing analysis.

Knowledge, Skills, and Abilities

(Equivalent combination of education and experience will be considered.)

Minimum Qualifications

• Bachelor’s degree or higher in Economics, Finance, Business, Engineering, Mathematics, Statistics, Energy Systems, or related field.
• 10+ years of experience in utility pricing, rate design, regulatory affairs, energy economics, customer analytics, or related disciplines, including experience leading increasingly complex analytical and strategic work.
• Demonstrated expertise in cost-of-service principles, rate design methodology, tariff development, and utility economics.
• Demonstrated ability to independently develop and communicate complex rate design, pricing, and customer-impact analyses.
• Demonstrated ability to translate complex analytical and regulatory concepts into clear recommendations for executive, regulatory, and nontechnical audiences.
• Experience supporting regulatory proceedings and rate cases.
• Advanced analytical and financial modeling skills.

ADA Requirements and Physical Demands

The physical demands as described are representative of those that must be met by the person in this position to successfully perform the essential functions of the job. Reasonable accommodations may be made to individuals with disabilities to perform the essential functions.

Office Work

• Sit, Stand, Walk, and Bend: This position regularly requires prolonged periods of sitting. Occasionally requires standing, walking, or bending for short periods of time.
• Use of Hands/Fingers: To operate a computer, keyboard, mouse, and other office equipment.
• Speech/Hearing: This position frequently communicates with others via phone and in-person.
• Visual Acuity: For reviewing written materials on screen or paper.
• Lifting: Ability to lift and carry items weighing up to 15 pounds, as needed.
• Safety Sensitive: This position does not perform safety sensitive functions.

Travel

Regular travel to other office locations and industry events.

Tucson Electric Power provides safe, reliable power more than 447,000 customers in the Tucson metropolitan area. We’re also a local leader in community service, volunteerism and economic development efforts. TEP and its sister company, UniSource Energy Services, are among a family of utilities owned by Fortis, Canada’s largest investor-owned gas and electric utility holding company.