Managing Director Rate Design & Regulatory Solutions
Company: Duke Energy
Location: Charlotte
Posted on: February 25, 2021
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Job Description:
Managing Director Rate Design & Regulatory Solutions More than a
career - a chance to make a difference in people's lives. Build an
exciting, rewarding career with us - help us make a difference for
millions of people every day. Consider joining the Duke Energy
team, where you'll find a friendly work environment, opportunities
for growth and development, recognition for your work, and
competitive pay and benefits.Job Summary
The Managing Director Rate Design & Regulatory Solutions reports to
the VP, Rate Design & Strategic Solutions. This position is
responsible for leading the creation and execution of new key
pricing designs and key strategic programs involving rate design
across all jurisdictions. The leader is not only responsible for
strategies and innovation in rate design, but also responsible for
its adoption, marketing and implementation. Engaging with the right
stakeholder, external or internal, this leader is responsible for
developing, negotiating, seeking approval of, and implementing
pricing, rate tariffs, and contracts that recover the proper level
of revenue, ensure an adequate return to investors, and respond to
competitive pressures. This involves interactions not only with the
Regulators and Commissioner, but also with industry partners,
industry groups, joint coalition alliances etc. in order to
influence new and improved pricing that matches customer needs.
Also responsible for representing the company's position on
pricing, rates, and contract issues before customers, customer
group representatives, trade organizations, and regulators. Lead
efforts in negotiating pricing and related issues with especially
large customers and their consultants; and most important,
developing and successfully concluding required filings with
regulatory commissions. Responsible for research to support
innovation, compiles studies and maintains rate, revenue, load and
customer data to assess the effectiveness of current tariff
schedules and rules; develops proposals to change the
organization's existing rates and rules. This position will build a
team as well as work thru extended teams to create a culture of
innovation, customer centricity, and risk
management.Responsibilities
Lead Rate Design Strategies
--- Lead development of (innovative) rate designs to satisfy
current and future needs of key customer, and various customer
segments tailored specifically for all jurisdiction
--- Provide corporate-wide strategy development for pricing and
rate design, conducts industry research & modeling, assesses trends
regarding pricing and rate design, all to support overall corporate
goals.
--- Lead rate design strategies that are aligned with Enterprise
priorities and Regulatory strategiesMarket leadership in Innovation
in Rate Design
--- Establish market leadership in rate design that support
customer dynamic needs for all customer segments, taking advantage
of technologies and data science, while ensuring fair and just
recovery for the Company
--- Manage embedded risks in rate designs and modify/adjust
timely
--- Represent the company's position on pricing, rates, and
contract issues before customers, customer group representatives,
trade organizations, and regulators
--- Lead and influence conversations at various forums where we
have engagement with various key stakeholders (e.g commission,
environmental groups etc.)
--- Engage with internal teams to manage priorities and risks of
other adjacent teams such as Environmental Policy, Federal and
legislative policies etc.Partner on Regulatory Construct
Modernization
--- Supports the President's organizations and Regulatory Legal
departments in efforts to modernize regulatory construct to allow
for new rate offerings and new ways to recovery cost (time and
frequency) that are supported by customer benefits.
--- Oversees various (compliance) filings like net metering with
state regulators while maintaining quality and creativity.Rate Case
& Program Management
--- Supports the pricing and rate design aspects of rate case
planning and execution to ensure success, including the filing of
testimony, representing Company positions, testifying, and
responding to interrogatories. Develops and maintains appropriate
relationships with regulators.
--- Oversees the development, analysis, and interpretation of
jurisdictional load research. Conducts various studies in support
of Company initiatives.
--- Partners with the President's organizations and other
departments such as Energy Efficiency, Economic Development, Large
Business, and Grid Modernization on issues of pricing and rate
design. Provides pricing support for new products and services.
Collaborates with internal parties to fully accomplish
goals.LeadershipMaintain effective relationships with key
stakeholders/customers, both internal and external, to facilitate
the rate design innovation and to manage the risks of Disagregation
& Deregulation. Demonstration of the highest level of ethics and
integrity is imperative for the leadership role.Required
Qualifications --- Bachelor's degree
--- In addition to required degree, 10 years plus related work
experienceDesired Qualifications Experience in independently
interacting with stakeholders to influence new designs and
structure implementation 3+ years of new pricing structure and
demand side technology experience (time varying rates, smart
thermostats, energy storage, etc.) Master's degree#LI-PG1Additional
Preferred Qualifications
Keywords: Duke Energy, Charlotte , Managing Director Rate Design & Regulatory Solutions, Executive , Charlotte, North Carolina
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