Rates Analyst

 

We are looking for talented and motivated professionals to join our team! We invite you to apply for our open position(s) below.

 

OPEN POSITION ANNOUNCEMENT!

Rates Analyst

Open until filled.

Reposted 09/13/2024 San Diego County – hybrid work schedule set by SDCP

 

About the role: San Diego Community Power (SDCP) is seeking a Rates Analyst to join our growing team of analytics experts who will be responsible for managing the planning and execution of processes responsible for the analysis and development of various rate structures for electrical service offered by SDCP. A key priority of this role will be to support and participate in the preparation of statistically valid research studies to develop and recommend rate making mechanics consistent with SDCP’s Board approved Rate Development policy, including impact analysis on various customer classes.

 

The Rates Analyst will work closely with internal and external stakeholders to support and implement high-quality, data-driven financial planning, accounting and statistical analytical decisions across the organization and to derive robust strategies around the intersection pertinent to service expansion, load forecast, costs, revenue recognition and the design of rate and service structures that meet the objectives of the organization as approved by the Board of Directors.

 

This role will report to the Rates and Strategy Manager.

 

WHO IS SAN DIEGO COMMUNITY POWER?

San Diego Community Power is a community-driven, not-for-profit public agency providing cleaner energy to the San Diego region. Formed in 2019, Community Power is the second largest Community Choice Aggregator (CCA) in California, serving nearly 1 million customer accounts across its member agencies: the Cities of San Diego, Chula Vista, Encinitas, Imperial Beach, La Mesa and National City, as well as the unincorporated areas of San Diego County.  

 

OUR HISTORY

San Diego Community Power was formed in 2019 as a public, not-for-profit community choice aggregator (CCA) in the San Diego region. We began electric service in 2021 and now serve seven member agencies: the Cities of San Diego, Chula Vista, Encinitas, Imperial Beach, La Mesa and National City, as well as the unincorporated communities of San Diego County. San Diego Community Power was formed to bring local control and customer choice to San Diego while also providing clean and renewable energy at competitive rates. We are the second largest CCA in California, serving nearly 1 million customers. For more information, please visit SDCommunityPower.org.

 

COMMITMENT TO DIVERSITY

At SDCP, we value diversity and are committed to creating an inclusive environment for all employees. We represent a diverse customer base and hope to hire employees that reflect our communities. We provide equal employment opportunities to all applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 

 

ESSENTIAL DUTIES AND PRIMARY RESPONSIBILITES

• Support in SDCP rates development, review, and updates in accordance with the Board approved Rate Development policy. 
• Perform detailed and pertinent rate analysis and comparisons for customers.  
• Monitor, follow and understand other Load Serving Entities (LSEs) rate design. 
• Participate in the design and delivery of primary statistical and analytical studies as it relates to revenue requirements, sales, expenses, rate base and supply, and other miscellaneous charges and fees. 
• Support cross-functional projects using data modeling and analysis techniques to discover insights that will guide strategic rate design and service offering decisions and uncover optimization opportunities, include cost of service studies. 
• Support articulation and development of analytics solutions around rates, service expansion feasibility and product offerings. 
• Participate in improving technical processes to address business needs. 
• Write staff reports and deliver presentations at Board and other public meetings. 
• Performs other related duties and responsibilities as required. 

 

MINIMUM KNOWLEDGE, SKILLS AND ABILITES

• Experience in utility (e.g., electric, gas, water) sector rate-setting and/or implementation process(es).
• Advanced knowledge and skills in Microsoft Excel.
• A working knowledge of accounting principles and practices and cost accounting methods and procedures.
• Understanding of and experience using analytical concepts and statistical techniques: hypothesis development, designing tests/experiments, analyzing data, drawing conclusions, and developing actionable recommendations.
• The ability to make presentations before regulatory agencies and the public.
• The ability to write concise and accurate reports.
• Experience and knowledge of statistical modeling techniques: GLM multiple regression, logistic regression, log-linear regression, variable selection, etc.
• Strong problem solving, quantitative and analytical abilities.
• Strong project management, organizational and communication skills.
• Experience supporting and working with cross-functional teams in a dynamic environment.

 

PREFERRED KNOWLEDGE, SKILLS AND ABILITES

• Experience and/or familiarity in the electric energy sector. 

• Familiarity with the California Public Utilities Commission’s and/or other LSE’s rate-setting process. 

• Familiarity with database languages such as SQL, R, or Python and other related applications as well as analytics/business intelligence platforms such as PowerBI and Tableau is a plus. 
• Experience and knowledge of statistical modeling techniques: GLM multiple regression, logistic regression, log-linear regression, variable selection, etc. 

 

QUALIFICATIONS, EDUCATION AND EXPERIENCE

Any combination of education and experience that would provide the knowledge and abilities listed. A typical way to obtain the require qualifications would be:

 

Education and experience equivalent to a bachelor’s degree from an accredited college or university in Statistics, Finance, Mathematics, Accounting, Economics, Business Administration or any other related

quantitative field. A Master’s degree in Economics, Statistics, Applied Math, Business Administration, Data Science, or any other related field would be preferred.

AND

A minimum of two (2) years of verifiable utility work experience in either electric rates, regulatory, accounting and finance, economics or statistical analysis is desirable.

 

WORK ENVIROMENT & CONDITIONS

Prolonged periods of sitting at a desk and working on a computer. The position requires occasional carrying, lifting and/or moving objects up to 25 pounds. 

Occasional local travel required, and reliable transportation is expected to be able to attend SDCP events, meetings, and workshops as needed is expected. 

At SDCP we work in the communities we serve and in the office. SDCP works to ensure a safe and healthy workplace for employees and in our communities. SDCP requires employees to be fully vaccinated for COVID-19. Exemptions to the vaccine requirement will be considered for individuals with medical conditions that prevent them from being vaccinated and for individuals with sincerely held religious beliefs that prohibit them from being vaccinated, consistent with governing labor laws.

SDCP is an agency required to adopt and promulgate a Conflict-of-Interest Code (“COI”). The COI code requires employees in designated positions, including those identified under the interim disclosure process, to file a Statement of Economic Interests (Form 700) on an annual basis. A Successful candidate accepting this position may be required to file Conflict of Interest forms subject to the regulations of the Fair Political Practices Commission. 

 

Compensation:

Salary Range: The position salary range is: $110,400 to $135,800; with exact compensation to be determined by SDCP, depending upon experience. 

Benefits: Standard benefits package including but not limited to:

Insurance: SDCP offers group health benefits, including medical, vision, and dental insurance, for eligible FT employees. Also provided is a $100,000 Life & AD&D policy, STD and LTD coverage that is 100% paid by SDCP.

Retirement: SDCP offers a 457(b) plan for employee contributions and contributes 10% of eligible compensation to the employee’s Money Purchase Plan.

Paid Time Off: 11 holidays per year + paid winter holiday (between 12/24-12/31), 160 hours of accrued paid time off per year (increases with time in service), and 96 hours per year of accrued paid sick leave.

 

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at the discretion of SDCP as needed.