Rate Analyst, Expert

PG&E; Oakland (CA); Hybrid; USD 124,000 - 207,000; Full time

Job summary

PG&E is seeking an expert-level Rate Analyst for the Electric Rates team. Analysts work on electric rates, including research and development of new rate designs, advocacy in regulatory cases, implementation of rate changes, and reporting regarding electric rates.

The role focuses on modeling, analysis, and testimony regarding residential rate design and real-time pricing, balancing economic theory, policy objectives, and customer acceptance to achieve California's policy objectives.

Qualifications

• Bachelor's degree or higher in a related field.
• 6 years of relevant work experience OR 5 years with a Master's OR 3 years with a Doctorate.

Responsibilities

• Serve as an expert witness assistant and support testimony preparation.
• Perform complex quantitative modeling and analysis for revenue allocation and rate design.
• Develop and present technical communications on rates modeling to stakeholders.
• Coaches, mentors, and trains others regarding rate design and analysis.
• Develops and maintains internal revenue allocation and rate design models.
• Coordinates with stakeholder departments on rate initiatives.
• Presents modeling outputs to internal and external stakeholders.

Skills

Microsoft Excel

VBA

Python

R

SQL

Data analysis

Regulatory knowledge

Cross-functional collaboration

Education

Bachelor's degree or higher

Advanced degree preferred

Job description

Job Category: Business Operations / Strategy

Job Level: Individual Contributor

Business Unit: Customer & Corporate Affairs

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Rates department within PG&E's Customer & Corporate Affairs organization develops and provides expertise on gas and electric customer rates in regulatory proceedings at the California Public Utilities Commission (CPUC) and the Federal Energy Regulatory Commission (FERC).

With a primary focus on ensuring fair, equitable, and stable rates for our customers, the Rates department designs rate plans, conducts cost of service analyses, forecasts revenues, and analyzes trends and drivers impacting customer rates and bills. We support other organizations in understanding energy usage in order to enhance various programs and policies that support our customers.

Job Summary

PG&E is seeking a highly motivated Expert-level Rate Analyst for the Electric Rates team. Analysts on the team work on all aspects of electric rates, including research and development of new rate designs, advocacy in regulatory cases, implementation of rate changes, and internal and external reporting regarding electric rates.

In addition to these general responsibilities, this specific role will support PG&E's modeling, analysis, and testimony regarding residential rate design and real time pricing. Both topics require balancing economic theory, competing policy objectives, and customer acceptance to achieve the California's policy objectives regarding these key areas of rate design. Beyond this focus area, the analyst will also support other rates department responsibilities and initiatives such as regular rate changes, implementation of rate design changes, and ad hoc rate related analyses.

The successful candidate will embody a balance of analytic capability, ambition, intellectual curiosity, structured thinking, written and verbal communication skills, and team-orientation.

This position is hybrid, working from your remote office and Oakland General Office once per week and based on business needs.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.

This job is also eligible to participate in PG&E's discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $129,000
Bay Area Maximum: $207,000

Job Responsibilities

• Serves as an expert witness assistant and supports preparation of testimony on complex analyses and policy issues in regulatory proceedings
• Completes complex quantitative modeling and analysis regarding revenue allocation and rate design
• Develops and presents technical communications and other materials regarding rates modeling and analysis to advance PG&E's business, policy, and strategy positions
• Coaches, mentos, and trains others regarding rate design and associated analysis
• Develops and maintains internal revenue allocation and rate design models for the department
• Coordinates with stakeholder departments to identify, develop, and pursue rate-related initiatives
• Develops and presents technical communications regarding modeling outputs to internal and external stakeholders

Requirements

Minimum

• Bachelor's Degree in Data Science, Machine Learning, Computer Science, Physics, Econometrics or Economics, Engineering, Mathematics, Applied Sciences, Statistics, Business or equivalent field.
• 6 years of relevant work experience OR 5 years of relevant work experience and a Master's degree OR 3 year of relevant work experience and a Doctorate degree.

Desired

• Advanced degree in a relevant discipline
• Work experience in the utility sector at electric or natural gas utilities, independent power producers, wholesale energy market participants, regulatory agencies, consulting firms, or similar organizations
• Expert skills in Microsoft Excel, including VBA
• Knowledge of analytical programing languages such as Python, R, SQL, SAS, Stata, MATLAB, or other data analysis/statistical software
• Knowledge and experience in policy development, revenue requirements, rates or accounting, and energy markets.
• Demonstrated ability to lead large and complex projects working with cross-functional teams
• Excellent oral and written communications skills and ability to concisely convey information based on unique audience needs.
• Ability to develop actionable insights and recommendations through complex data analysis.
• Ability to manage and analyze business processes and recommend improvements to gain efficiency and effectivene ss.