Exelon

Manager Retail Rates, ACE/Delmarva

Posted on: 13 Mar 2021

Newark, DE

Job Description

Job Description

Description

At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!

PRIMARY PURPOSE OF POSITION

Plan, manage and direct the activities of the Retail Rates department to support retail rate proposals involving several billions of dollars before senior management and, externally, before state agencies, including acting as an expert retail rate witness in litigated, regulatory proceedings. Includes planning, development, analysis, implementation, administration and providing central Company oversight of new and revised retail electric service tariffs, charges, terms, conditions, rules, reports, policy and contract forms directly and through delegation of work to subordinates with input from and coordination of other areas of the Company, regulators, and other interested parties outside of the Company. Position may be required to work extended hours, including 24 x 7 coverage during storms or other energy delivery emergencies.

PRIMARY DUTIES AND ACCOUNTABILITIES

- Plan, manage, direct, review, and approve complex technical and cost analyses methodologies to support electric retail rate design, embedded and/or marginal cost studies, and tariff provisions, terms and conditions using leadership skills, a broad understanding of electric utility operations, and in depth working knowledge of financial, legal, billing, and regulatory concepts unique to the electric utility industry.

- Explain retail rate proposals and underlying analyses to senior management, communications personnel, state regulatory staff, major customers, and interveners.

- Act as liaison to state regulatory staff personnel for retail rate issues to influence and facilitate regulatory reviews.

- Prepare, review and present testimony and undergo cross examination as Company retail rate design and retail rate administration expert witness for retail rate cases and other related filings with the state regulatory body using analytical skills and an in-depth working knowledge of retail electric service tariffs, charges, terms, conditions, rules, reports, policy, contract forms, legal, regulatory, billing, and financial concepts and standards unique to the electric utility industry.

- Participate in other state regulatory workshops, rulemakings, and similar proceedings as the Companys retail rate representative to influence outcome of such proceedings in a favorable manner that furthers business objectives.

- Plan, manage, and direct department activities necessary to provide central Company oversight for the Companys policies, rates, riders, terms, conditions, rules, and contracts for the provision of retail electric services upon which the Company recovers the several billion dollars of revenue that is required to operate and maintain the distribution business and recover the costs of providing bundled retail electric service, including oversight of any necessary regulatory filings and reporting required for the implementation of the same.

- Determine electric retail tariff interpretations and applicability for Company personnel, regulatory staff, customers, and consultants.

- Evaluate inquiries, issues, complaints, and adversarial positions and develop approaches to address.

- Formulate ideas and make recommendations to senior management regarding regulatory and strategic planning and the establishment of policy with respect to the provision of tariffed retail electric services.

POSITION SPECIFICATIONS

Minimum:

- B. S. in quantitative field such as Engineering, Business, Accounting, Economics, or Mathematics.

- Typically career-level (10-20 years), with a minimum of three to five years in the Companys retail rate, regulatory, or financial area and two to three years in Company areas relating to retail rate application.

- Excellent written and oral communication skills are required to represent the Company internally and externally and to testify on behalf of the Company.

- Excellent analytical skills are needed to understand, plan and oversee cost analyses and rate design.

- A broad understanding of overall Company operations is essential to plan the design of tariffs, the prices of which are intended to recover the costs of operating and maintaining the Companys systems.

- Must demonstrate the ability to direct the work activities of other personnel and demonstrate ability to apply principles of management, finance, budgeting, and supervision.

- Ability to sort through complex issues, negotiate, reach consensus or a conclusion, and clearly and effectively communicate results.

- Working conditions are almost entirely confined to an office setting.

Preferred:

- Advanced degree in Business, Economics, or Law highly desirable.

Qualifications

- Act as the official Company rate design and rate administration expert for retail electric service tariffs, charges, terms, conditions, rules, reports, policy, and contract issues. This position has a direct impact on the successful development, implementation, and administration of retail tariffs for the provision of retail electric service upon which the Company recovers the several billion dollars of revenue required to operate and maintain its distribution business and recover the costs of providing bundled retail electric service.

- This position is the primary retail rate contact for all other business units and regularly provides expert guidance and/or advise to those business units on matters related to retail rate application, administration, and interpretation.

- Day to day supervisory responsibilities are direct, administrative, or functional in nature, and will typically involve the management of a department or project team. Direction includes oversight of work assigned to subordinates, proper application of retail electric service tariffs and Company policies for such tariffs by a variety of areas across the Company, and compliance with regulatory requirements related to retail electric service tariffs.

- Internal contacts include senior management as well as personnel at all levels in various organization throughout the Company. External contacts include state regulatory Commission; outside attorneys including those that represent the Company and those that represent other parties in litigation involving Company tariffs; counterparts from other utilities; high profile and influential customers, their agents, customer consultants, and other customer representatives.

- Interactions require satisfactory disposition, ability to adjust, skill in selecting appropriate courses of action, negotiation, influence and diplomacy. Cooperation, tact, excellent judgment, and persuasiveness are essential to advance the Companys position or to prevent measurable negative impact on the Companys credibility, image and/or business.

- Manages staff of 9, including 5 direct reports.

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor

EEO is the Law Poster

Exelon

Chicago, IL

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. In addition, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers.

Further, the company offers corporate governance support services, including corporate strategy and development, legal, human resources, information technology, finance, real estate, security, corporate communications, supply at cost, engineering, distribution and transmission planning, asset management, system operations, and power procurement services.

It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was incorporated in 1999 and is headquartered in Chicago, Illinois.

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