Consumers Energy
Principal Rates Analyst
JACKSON, MI
Nov 2, 2024
Full Job Description

Join the diverse and dynamic team that powers Michigan's largest energy provider and one of the nation's largest gas and electric combination utilities. Consumers Energy services 6.8 million of Michigan's 10 million residents - caring for our friends and neighbors in all 68 Lower Peninsula counties. We embrace a cleaner and leaner utility vision focused on eliminating energy waste and adding renewable energy from sources such as wind and solar.

Location:

This position is hybrid (virtual/onsite) with onsite requirements on Monday, Tuesday and Thursday and assigned to One Energy Plaza located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).

We are looking for: Principal Rate Analyst

The Principal Rates Analyst oversees, monitors, reviews, and evaluates laws and regulations that impact the utilities business practices and regulatory filings. The incumbent will develop highly complex analysis and performs related studies and models. Responsible for leading, developing and maintaining an analysis of utility regulatory filings for both gas and electric utilities. The Principal Rate Analyst will review highly complex utility filings with public utility commissions.

The knowledge and skills involved with this position include but are not limited to:

  • Demonstrated ability to summarize legal documents
  • Demonstrated analytical and problem-solving abilities
  • Knowledge of accounting and finance principles
  • Strong demonstrated verbal and written communication skills
  • Demonstrated experience in Excel and PowerPoint
  • Demonstrated experience with strong skills in MS Word
  • Ability to coach and mentor junior analysts
  • Ability to compile, manage and utilize large data sets in Excel and other data management software and systems

We encourage you to apply if you have:

  • Bachelor's degree in Finance, Accounting, Political Science, Law or Engineering with a minimum of seven (7) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
    • [OR] Associate degree in Finance, Accounting, Political Science, Law or Engineering with a minimum of nine (9) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
    • [OR] High School Diploma with a minimum of eleven (11) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
  • Experience with various ratemaking concepts including revenue requirements, cost of service, rate of return, regulatory accounting principles
  • Minimum of 5 years of prior experience with a public utility in a rate, regulatory, or accounting related position is required

In this role, you will be responsible for:

  • Responsibility for the preparation of exhibits, studies, schedules, and workpapers and related written testimony for all general rate case applications filed with the Michigan Public Service Commission (MPSC)
  • Willingness to serve as a Company expert in general rate case and various other proceedings before the Michigan Public Service Commission (MPSC)
  • Assist in efforts to ensure the Company's regulated utilities receive adequate and timely recovery of their costs by developing ratemaking proposals and recommendations to advance the Company's position
  • Will be responsible for providing expert testimony and serving as a rate case witness
  • Responsible for monitoring public utility commissions for changes in regulatory policies and procedures that could impact the filing of utility rate cases covered and determining course of action
  • May have responsibilities to drive internal customer communications based on proposed tariff changes
  • Perform highly complex electric marginal and embedded cost of service studies with all required special studies
  • Drive partnership with other departments to assure cross-functional alignment
  • Oversee the creation of technical and cost analysis required to develop and gain approval for filings
  • Update highly complex rate case exhibits and assisting in preparing testimony for filings
  • Responsible capturing key metrics on highly complex utility and/or regulatory rate filings. This may include tracking docket numbers for the filings, authorizing return on equity, capital structure, requesting and approving rate base, and the changes in expected customer rates
  • Other non-essential duties as assigned or may be necessary

Why should you join our team?

At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.

What we offer:

  • Competitive compensation packages
  • Medical, Dental and Vision
  • 401k with company match
  • Paid parental leave
  • Up to 13 paid Holidays
  • Paid time off
  • Educational Assistance Program

Diversity, Equity & Inclusion:

We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women's Advisory Panel (WAP), Women's in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capable, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.

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Job Information
Job Category:
Legal
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Principal Rates Analyst
Consumers Energy
JACKSON, MI
Nov 2, 2024
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