Principal Consultant, Rates and Regulatory Practice

at Black & Veatch in Dover, Delaware, United States

Job Description

Principal Consultant, Rates and Regulatory Practice

Date: Feb 8, 2022



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 : 60507

Job Title : Principal Consultant, Rates and Regulatory Practice



Opportunity Type : Staff

Relocation eligible : No

Full time/Part time : Full-Time

Project Only Hire : No

Visa Sponsorship Available: No

Job Summary

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).

Key Responsibilities

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.

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 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.

Preferred Qualifications

+ Advanced Degree in Business, Economics, Engineering, Mathematics or other relevant field

+ 3years of Business Development experience

+ Experience in the following:

+ Electric or natural gas system planning

+ Load forecasting and load research

+ Analysis of regulatory implications technologies such as Distributed Energy Resources (DER), cogeneration, battery storage, Demand Response or other similar technologies

+ Experience preparing Return on Equity and Cost of Capital estimates

+ Extensive knowledge of regulated utility accounting under US General Accepted Accounting Principles or International Financial Reporting Standards

+ Experience with alternative ratemaking mechanisms

+ Demonstrated experience in actively participating in and helping to grow a management consulting practice area or a focused specialty services area within the practice.

Minimum Qualifications

+ Bachelor’s Degree

+ 10 years of relevant experience that includes:

+ Direct involvement in utility rate proceedings and regulatory policy;

+ Has served as an expert witness or prepared testimony and exhibits for a ratemaking and regulatory matters before state and/or federal regulatory bodies;

+ Hands-on experience with the design and implementation of tariffs for electric or natural gas utilities.

+ A knowledge of the accounting and financial concepts associated with the development of a regulated utility revenue requirement; and,

+ Demonstrated technical expertise in the costing and pricing of 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 regulatory project

+ US-Based position with 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%

Black & Veatch endeavors to makeaccessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process because of a disability, please contact the Employee Relations Department at (913) 458-2147. This contact information is fordisability accommodation requests only; you may not use this contact information to inquire about the status of applications. General inquiries about the status of applications will not be returned.

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 success through stock ownership.

By valuing diverse voices and perspectives, we cultivate an

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Job Posting: JC201679868

Posted On: Jan 11, 2022

Updated On: Feb 21, 2022