Rates and Regulatory Analyst

EKPC Company Information

Located in the heart of the Bluegrass state, East Kentucky Power Cooperative is a not-for-profit generation and transmission (G&T) electric utility with headquarters in Winchester, KY which is just a short distance from Lexington. Our cooperative has a vital mission: to safely generate and deliver reliable, affordable and sustainable energy to our 16 owner-member cooperatives serving more than 1 million Kentuckians across 87 counties. We’re leaders in environmental stewardship and we’re committed to provide power to improve the lives of people in Kentucky.

As passionate as we are about providing smart energy solutions, we are equally excited about people. We strive to cultivate connected workplaces where great ideas are born and rewarding careers are built.

EKPC offers a wage and benefits package that ranks among the best in the state. There is no waiting period on our medical, dental and vision insurance plans so you are covered on day one, and the dental plan is free for employees. Our generous 401(k) retirement plan allows employees to start contributing to their plan after a month of service, and after 3 months of service, EKPC will automatically contribute 6.5% of base wages AND match employee contributions up to 4.5%. Our competitive vacation and sick leave package starts day one to allow for flexibly and a healthy work-life balance.

For more information on our plentiful benefits package visit our website at https://www.ekpc.coop/work-ekpc

EKPC is an Equal Employment Opportunity Employer

No Expiration Date

This posting will remain open until the position is filled. We encourage you to apply early as we will review and consider candidates as they are received.

Hybrid Remote Schedule

This role has the option to be a blend of remote and onsite work if department and business needs allow and with approval from direct supervision. Our hybrid remote work schedule combines three (3) days on premises with up to two (2) days remote.

Key Roles

This position assists with collecting data and conducting complex analyses, creating reports, drawing inferences, and making recommendations. This position serves as a resource for EKPC and member systems by performing analytical work that is broad in nature for a broad range of customers. In addition, this position works with Economic Development to calculate and advise on rate proposals to attract new loads.

Key Responsibilities

- Assists with preparing supporting schedules, analysis, and testimony for use in EKPC and/or member system rate cases.

- Analyzes wholesale and retail special contracts and makes recommendations regarding pricing and PSC approval.

- Provides rate and regulatory analysis to a wide range of EKPC and member system staff and makes recommendations.

- Assists with updates to PSC including green power, environmental surcharge, DSM and cogeneration tariffs.

- Participates in the development of regulatory filings such as the Integrated Resource Plan and Certificates of Public Convenience and Necessity.

- Assists with development of annual variable O&M calculations for use in financial forecast and PJM cost-based bids.

- Assists with calculating the annual FERC Formula Transmission Rates. Provides ongoing analysis of transmission charges to EKPC¿s transmission customers.

- Provides rate proposal support to Economic Development personnel and EKPC members in the recruitment process of new loads. Develops and supports automated rate modeling tools.

- Researches environmental surcharge alternatives and monitors other utility filings on the environmental surcharge.

- Maintains database of member system rates.

- Monitors Commission Orders and analyzes their potential impact on EKPC.

- Assists in the development of alternative rates (e.g. facilities charges).

- Develops and analyzes benchmarking data of neighboring IOUs, G&Ts, and municipalities.

- Develops and maintains spreadsheets and databases.

- Routinely uses mathematical, financial, economic, and statistical models to complete tasks; creates models and interprets model output.

- Performs other duties as assigned.

Key Requirements

Education:

- Bachelor’s degree in related area required. An equivalent combination of education and experience may substitute.

Experience:

- Five (5) years of related experience.

- Kentucky regulatory experience preferred.

Skills and Abilities:

- Analytical skills with ability to learn and apply those skills in cost-of-service studies, financial accounting, cost accounting, economic evaluations, financial modeling and transaction analysis.

- Ability to conduct economic, financial, and/or policy research and analysis, identify issues and recommend possible courses of action.

- Basic knowledge of federal and state agency regulations and legal requirements related to electric utility operations.

- Basic knowledge of energy markets required.

- Ability to prepare thorough and accurate work products under pressure and time constraints.

- Provides thorough and timely communication to leadership and staff.

- Excellent interpersonal skills and ability to work effectively with personnel at all levels of the organization, including external contacts.

- Excellent verbal, written, and listening communication skills.

- Ability to work independently and in a team-oriented, collaborative environment.

- Ability to exercise discretion and maintain confidentiality.

- Ability to prioritize work, manage time, and adhere to deadlines.

- Proficient in Microsoft Office (Excel, Word, and PowerPoint).

Competencies

- Technical/Professional Knowledge and Skills

- Quality Orientation

- Contributing to Team Success

- Building Strategic Working Relationships

- Building Trust

Working Conditions

- Usual office conditions with prolonged periods of sitting apply to this position. May require work outside normal hours.

- Regular lifting up to ten (10) pounds is required for this position.

- Must wear personal protective equipment as applicable.