Rates and Regulatory Analyst Senior

Employment Type ALLETE - Non-Union FLSA Status Exempt Superior Water, Light and Power (SWL&P), an ALLETE company, provides electricity, water, and natural gas to customers in Superior, Wisconsin, and adjacent areas. Its offices are in Superior in northwestern Wisconsin across the St. Louis River from Duluth, Minnesota, where ALLETE is headquartered. SWL&P has served this region for more than 130 years and today has 15,000 electric customers, 13,000 natural gas customers and 10,000 water customers. SWL&P plays a unique and significant role in ALLETE’s sustainability-in-action strategy. Our culture drives excellence through our shared values of integrity, safety, people, and the planet. Are you ready to make a difference in the world of utilities? We’re looking for a Rates & Regulatory Analyst Senior to help shape the future of electric, gas, and water services in Superior, WI! This is your chance to lead impactful projects, analyze costs, develop innovative pricing strategies, and ensure regulatory compliance—all while working in a collaborative and forward-thinking environment. With a focus on strategic decision-making, financial modeling, and optimizing investments, this role is perfect for someone with a strong background in finance or accounting and at least 8 years of experience in the regulatory or utility sector. If you’re passionate about driving innovation and delivering exceptional service to communities, we want to hear from you! Responsibilities

- Help lead the analysis and interpretation of cost records to compute the costs of product or services (electric, gas, water, etc.), including cost recovery pricing and establishing a reasonable return.

- Develop and review data necessary to submit, support and complete rate applications and reports before regulatory authorities.

- Provide detailed evaluations of projects considering various aspects such as statistical data, strategic goals of the company, competition, and the political/social climate.

- Provide strategic direction around forecasting and scheduling utility nominations for the electric and gas distribution systems and customers.

- Oversee the development and maintenance of firm and interruptible supply contracts and agreements to ensure the successful transfer of electric and gas supply across relevant distribution systems.

- Ensure compliance with all laws and regulations within the electric, gas, and water utilities while maintaining effective working relationships with internal and external stakeholders.

- Track and monitor regulation and policy to determine the impact to the Company and to identify priority compliance issues.

- Develop and maintain detailed financial models to support business planning, forecasting, and decision-making processes.

- Perform return on rate base (RORB) calculations to evaluate the profitability and regulatory compliance of investments.

- Provide recommendations based on financial model insights to optimize investment decisions and improve return on rate base performance.

Required Education

- Bachelor’s Degree required.

- Preferred areas of focus are finance or accounting.

Required Experience

- Eight years or more regulatory or utility sector experience required.

- Preferred experience in cost of service and rate design

Special Requirements

- This position will report regularly in person to Superior, WI.

- Requires excellent oral & written communication skills to build & maintain positive working relationships.

- This position may be subject to assessment of skills, job match and/or aptitude.

Compensation And Benefits

- The expected annual compensation range for this position is $80,000 - $100,000. Compensation offered to the selected candidate will vary depending on relevant knowledge, skills, training, experience, and market conditions.

- Compensation Incentive Program

- Retirement Benefits

- Medical, Dental & Vision Plan

- Health Savings Account & Flexible Spending Accounts

- Life Insurance, Disability & Voluntary Benefits

- Paid Time Off

- Tuition Reimbursement

- Professional Development Opportunities

- Community Engagement, and more.

Employer will not sponsor Visas for position.