at Black & Veatch in Dover, Delaware, United States
Principal Consultant, Rates and Regulatory Practice
Date: Nov 10, 2021
US VA, US
Company: Black & Veatch Family of Companies
We believe real value is powered by the unique skills and experiences of our professionals. The interchange of ideas from a diverse group of people gives our teams an expanded perspective and the ability to find better solutions for our clients.
Company : Black & Veatch Mgmt Consulting
Req Id : 54851
Job Title : Principal Consultant, Rates and Regulatory Practice
Location : USVRTL, VRTLVA
Business Unit Sector : MCD-MCD-STRATEGIC ADVISORY
Opportunity Type : Staff
Relocation eligible : No
Full time/Part time : Full-Time
Project Only Hire : No
Visa Sponsorship Available: No
Black & Veatch Management Consulting is seeking a Principal Consultant level professional to join their more than 250 consultants, regulatory policy advisors, technology specialists, and energy industry respected subject matter experts. This individual will plan, market, sell, and deliver world-class consulting solutions in the Energy sector with a holistic, multi-disciplinary approach that integrates strategic, financial and expertise-based advisory services to private and investor-owned utility companies, commercial and industrial customers, municipalities, and government agencies. The Rates & Regulatory Practice provides highly desired services in these market segments including: regulatory strategy and reform development, rate case management and support, costing and ratemaking, innovative pricing solutions, infrastructure-based business case and cost/benefit analysis and expert testimony and litigation support across all sectors of the electric, natural gas, and oil/liquid products pipeline markets and other energy market participants (e.g., energy law firms, energy marketers, financial institutions, commercial and industrial customers, and energy developers).
The ideal candidate must have a strong desire to contribute to creating and cultivating the Practice’s business vision – which is to be recognized as forward-looking industry leaders by providing its clients with the concepts and insights, analytical techniques, implementation capabilities, and thought leadership to understand, address, and operate within the energy industry’s regulatory environment.
The ideal candidate must understand the technological, market and commercial changes driving the current energy industry transformation requiring evolution in the regulatory construct for effective implementation. It is expected that this broad market understanding will enable the candidate to periodically interact with members of Black & Veatch Management Consulting’s asset management, planning, distribution modernization and customer experience and technology practices to help drive the development, selling and delivery of multi-functional business solutions.
Our ideal candidate will contribute to the growth of the Rates & Regulatory Practice by creatively engaging clients and delivering solutions to satisfy their needs, and lead and manage others in the Practice to focus on similar activities. The candidate will help develop long-term project and business advisory relationships with a wide range of investor-owned utilities, public power and public gas entities, interstate natural gas pipeline companies and other energy market participants (e.g., energy law firms, energy marketers, financial institutions, commercial and industrial customers, and energy developers).
This individual will be responsible for supporting the development and delivery of client solutions in the area of electric and natural gas ratemaking and related regulatory matters, with a focus on regulatory reform approaches, innovative ratemaking solutions, Performance-Based Regulation (PBR) and dynamic pricing for electric and natural gas utilities. In addition, the individual must be capable of supporting all aspects of assigned engagements including conducting quality assurance reviews on their own and others’ work.
The ideal candidate should periodically participate in industry groups and have a current network with executives and/or other decision-makers within the gas and electric utility industry.
+ Advanced Degree in Business or Economics
+ 3-5 years of Business Development experience
+ Demonstrated experience in actively participating in and helping to grow a management consulting practice area or a focused specialty services area within the practice.
+ Bachelor’s Degree
+ 10 years of management consulting experience that includes:
+ Knowledge of utility rate proceedings and regulatory policy;
+ Serving as an expert witness on gas and electric ratemaking and regulatory matters before state and federal regulatory bodies;
+ Hands-on experience with the design and implementation of innovative tariffs for electric utilities, including: time-of-use rates, Critical Peak Pricing, real-time pricing and other dynamic pricing concepts, pricing for Distribution Energy Resources (DER) and the interaction between dynamic pricing and demand response (through Smart Grid/AMI investments) and energy efficiency programs; and,
+ Demonstrated technical expertise in the costing and pricing of gas and electric utility services showing the ability to identify, analyze, and solve complex ratemaking and regulatory problems within the client’s business environment.
+ 5 years of experience managing significant engagements
+ Ability to travel up to 50%
+ Applicants for this position must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States and with Black & Veatch Management Consulting (i.e., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant status). All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check, drug screen, and motor vehicle records search, in compliance with any applicable laws and regulations.
Work Environment/Physical Demands
US-based Remote/Virtual with ability to travel up to 50%
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Black & Veatch is committed to being an employer of choice by creating a valuable work experience that keeps our people engaged, productive, safe and healthy.
Our comprehensive benefits portfolio is a key component of this commitment and offers an array of health care benefits including but not limited to medical, dental and vision insurances along with disability and a robust wellness program.
To support a healthy work-life balance, we offer flexible work schedules, paid vacation and holiday time, sick time, and dependent sick time.
A variety of additional benefits are available to our professionals, including a company-matched 401k plan, adoption reimbursement, tuition reimbursement, vendor discounts, an employment referral program, AD&D insurance, pre-taxed accounts, voluntary legal plan and the B&V Credit Union.
We are proud to be a 100 percent ESOP-owned company. As employee-owners, our professionals are empowered to drive not only their personal growth, but the company’s long-term achievements – and they share in the financial rewards of the su