The Rate Analyst prepares periodic cost recovery and other filings to be filed with the Indiana or Ohio regulatory commission, prepares and maintains tariffs for gas and electric service for the four (4) utilities, and assists in the preparation of general rate cases in the areas of cost of service, cost recovery/rate design, and tariffs. Establishes internal schedules for various filings by the utility, rate or non-rate related. Communicates with all departments corresponding deadlines or the status of current filings. Ensures accurate and timely cost recovery filings, including FAC, and other periodic filings as assigned.
Ensures compliance with Regulatory Order and Sarbanes Oxley requirements. Drafts applications, petitions, testimony, exhibits and proposed orders for filings as assigned. Accurate reconciliation and supporting documentation for filings and draft responses for various data requests as assigned. Develops support for 30-day, periodic, and non-routine filings. In preparing schedules and projections for filings, reviews processes and works closely with regulatory accounting department to ensure integrity of data and full compliance with regulatory agency. This includes evaluating and making recommendations on matters pertaining to rate schedules, rate base, allocation of costs, impact of rates; conducting special tests or analysis and collecting and maintaining appropriate rate and tariff data.
Participates in general rate case preparation as assigned. Ensures appropriate review of rate information prior to submission to billing groups. Updates and timely communicates changes to rates and tariffs to internal and external customers. Understands rate schedules/trackers, and bill calculations for all VUHI utilities. Conducts analyses for potential filings and bill projections. Conducts industry research and prepares projections for comparative rate analyses as assigned. Assists in development of new cost recovery mechanisms.
Participates in various cross-functional project teams. Understanding of deferred regulatory balances. Evaluates and summarizes rate orders and filings of other utilities in various jurisdictions. Develops and maintains positive working relationship with regulatory commission and consumer counsel staff and auditors. Recognizes interdependencies and interacts effectively with internal customer groups; in particular, gas supply, accounting, tax, legal, corporate audit, operations, information technology and customer service.
Education and Certifications
Bachelor’s degree in Accounting, Finance, Math, Economics or Engineering
MBA / CPA
2-4 years professional experience, with a general understanding of the gas & electric utility industry.
Professional experience in accounting or a business related field. Basic knowledge in areas of utility regulation, ratemaking theory and practice, Company rates and public utility commission regulatory policies and practices, including administrative codes, statutes and rules.
Functional / Technical Competency Requirements
Microsoft Word, Excel and PowerPoint and Adobe Acrobat
MS Access, Banner/CIS.