Manager of Rates and Pricing; Power Industry

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Work Authorization: US citizenship is required with no exceptions

Job Location: Hybrid in central area of Washington state – candidates must be local or able to relocate within commuting distance.

Position Summary

Rates and Pricing Manager is a senior-level responsible for leading the organization’s retail and wholesale pricing strategies, rate design, and economic analysis. This position plays a critical role in supporting the utilities. This position manages the Rates and Pricing function, including staff supervisor and technical leadership. The individual plays a critical role in supporting the utility’s Strategic Plan objectives to maintain financial strength, deliver long-term low rates, and enhance customer service.

The role includes directing cross-function collaboration on customer rate design and development, financial modeling, and risk analysis. It serves as a key advisor to the Executive Team on rate-related decisions.

Essential Functions

Essential duties and responsibilities may include, but are not limited to, the following:

• The Manager Rates & Pricing leads the development of critical economic modeling and analysis for rate design, rate policy, load forecasting, and related policies and fees. This includes developing rate proposals, working closely with customers and team members to build complex economic and financial models, developing products and pricing that provide customer value, and performing cost of service and cost allocation analysis.
  
  Rates and Pricing is the technical authority of customer rates and provides analysis as needed to support wholesale power supply and transmission functions including supporting demand side management and the Integrated Resource Plan.
• The Manager Rates & Pricing will be responsible for developing rates, pricing, and contract strategies in a quickly changing retail and wholesale environment.
• The Manager Rates & Pricing must be able to both execute and manage analytical efforts while providing high quality, innovative utility rate and financial consulting to leadership and department staff. This position requires a high level of communication with internal and external stakeholders including customers and government officials. The Manager Rates & Pricing must balance a customer-driven focus with the organization’s interests and performance metrics.
• The Manager Rates & Pricing is expected to champion a culture of safety excellence demonstrating Safety is the organization’s paramount value.
• Manage the Rates & Pricing team including providing and participating in training and development as necessary to ensure adequate technical skills are in place for the group to meet its goals and objectives in support of the organization’s Strategic Plan.
• Plans work in an efficient and effective manner including communication and collaboration with other departments.
• Develops department goals and metrics to support organizational objectives.
• Supports the preparation of load forecasts to determine future loads by rate class, sales, and revenues by means of time series, econometric, and end use modeling including variance analysis for actual loads and revenues compared to prior forecasts.
• Leads the rate making process and schedule, and the development of rate proposals and associated documentation:
• Leads and directs staff in the performance of the Cost-of-Service Study (COSS) to determine the revenue requirement, customer class cost allocations, and rate designs for each class.
• Develops, assesses, and maintains relevant rates and pricing metrics, data, and benchmarking statistics for the organization as well as participating in benchmarking efforts and various industry-wide surveys and collaboration.
• Designs and implements strategies around rates, policies, and fees for existing and new services in accordance with Washington statutes and guidelines including coordinating the public rate process and public outreach efforts.
• Oversees the evaluation, design, and implementation of product offerings and rate schedules in collaboration with…