Under very minimal supervision, this position will develop and implement retail rate design & pricing, perform ongoing short term and long term system load forecasting, oversee Grant PUD's routine cost of service analysis (COSA), and perform market research and economic analyses.
Essential Functions: -- Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:
Develop and recommend rate design and pricing strategy for Grant PUD consistent with rate policy guidance provided by the Grant PUD Commission. Understand applicable state regulatory policy and laws related to PUD rate design and pricing. Perform load forecasting employing a variety of strategies.
Use a variety of techniques to develop short-term and long-term load forecasts by customer segment and for the overall area system load. These forecasts may employ a variety of techniques including econometric forecasting, bottom up forecasting of residential, agricultural, commercial, and large key customers, research on growth trends of commercial and industrial customers within Grant PUD's service territory, weather normalization analysis, and other contemporary load forecasting strategies.
Update the Cost of Service Analysis (COSA) every two to three years or during period of significant change that could impact the COSA. This includes reviewing the data for accuracy, allocation of generation, transmission, distribution, and A&G costs between customer classes and updating inputs into the COSA model.
Prepare and present information to the executive management team and Grant PUD Commission including proposed rate pricing and design, proposed cost allocation between customer classes, cost of service updates, changes to rate schedules, and routine reporting on forecast load and resultant budget variance and future load projections.
Participate in public rate process, and work closely with individual customers and groups of customers to help educate and inform customers, and to solicit input for potential changes to rate policy and rate design.
Participate in cross functional teams and provide technical advisory experience and guidance to other departments within Grant on economic matters, research, and analysis. Assess and communicate the impact of Grant PUD projects and policies on retail pricing and wholesale transmission pricing. Draft and/or comment on agreements related to wholesale and retail power rates, and transmission and distribution services. Collaborate with other departments on rate and regulatory issues as required.
Demonstrate a strong and technical knowledge of potential benefits and disadvantages of various rate policies, and specific rate design and pricing strategies. Evaluate financial impacts of retail rates and wholesale transmission pricing to ensure they are in the best interest of Grant PUD and its customers.
Monitor proposed legislation and regulatory rulemakings, evaluate potential impact on the Company and advise management.
Prepare, edit, and present documents describing the results of research, studies, and analysis; prepare recommendations and be prepared to offer alternatives; present findings to various internal teams, Executive Team, Grant PUD Commissioners, and other stakeholders.
Perform related duties as required or assigned.
Demonstrate commitment to Grant PUD's mission, vision, values, strategic plan and Vision 2021. The incumbent should be familiar with these organizational priorities and behave in a way that aligns with these expectations.
Understand and adhere to compliance requirements for this position that may include laws, regulations, security guidelines, Grant PUD policies & procedures.
Establish and ensure completion of project schedules and goals.
Actively participate in all aspects of Grant PUD's safety program, including but not limited to:
• Following all safety policies and procedures;
• Alerting supervisors and coworkers to unsafe or hazardous working conditions;
• Reporting any safety incidents or close calls within 24 hours to your supervisor; and
• Accepting feedback from supervisors and coworkers regarding your own safety performance.