Director Regulatory Strategy & Revenue Policy
The candidate will develop and lead Revenue Policy functions and special projects, including retail regulatory filings and the strategic review of alternative cost regulatory mechanisms. This position will also work closely with Operations and Financial Planning & Analysis to develop multi-year plans and monitor variances between actual results and the Commission approved plan. This position will also support the governmental and external affairs team by providing comments, and possible testimony, on certain regulatory-related legislative matters under consideration in Maryland and the District of Columbia. This function will include the responsibility for testifying on the Company’s behalf as its distribution revenue requirements witness in litigated, regulatory proceedings. Development and lead team to implement the Company’s strategic regulatory options beyond the traditional revenue requirements model. Work with internal and external parties to define creative regulatory infrastructures and alternative regulatory approaches that further the Company’s positions on matters encompassing strategy, policy and operations. Develop and implement strategies to obtain timely recovery of costs through annual rate case filings and other appropriate mechanisms. Provide strategic direction and leadership to the Pepco Regulatory Strategy and Revenue Policy team for all activities regarding revenue, policy & analysis that achieves Pepco Holdings goals. Participate and collaborate with all other regulatory issues at Pepco, Delmarva Power and Atlantic City Electric. Utilize leadership skills, a broad understanding of electric utility operations, and in depth working knowledge of financial, legal, and regulatory concepts unique to the electric utility industry. Develop optimal approach to enhancing and maximizing revenues through the development of strategic direction in the Pepco regulatory environment while maintaining a consistent external position for the Company. Develop new sources of revenue through new tariff development as well as utilization and interpretation of existing electric tariffs to generate new revenues. Provide leadership and strategic direction for revenue retention, electric rate case development, execution and implementation to meet the Company’s financial goals. Represent the Company in litigated proceedings as an expert witness. Review and present testimony and undergo cross examination as Company expert witness for rate cases and other related filings with the state regulatory body using analytical skills and an in-depth working knowledge of retail electric service tariffs, charges, terms, conditions, rules, reports, policy, contract forms, legal, regulatory, and financial concepts and standards unique to the electric utility industry. Provide strategic support to legislative policy development and implementation in order to effectuate Exelon and Pepco’s business issues that are impacted by legislative activity.
Qualification and Experience
The candidate should have an Undergraduate degree in Business, Accounting, or Engineering. Masters Degree in Business Administration or Law (J. D. ). Minimum 12 years experience in energy industry. At least Ten (10) years experience in managing in a changing business environment. At least Five (5) years experience in managing in a deregulated market environment. Proven ability to develop solutions to resolve complex financial and regulatory issues involving tens of millions to hundreds of millions of dollars annually. Demonstrated complex negotiation skills necessary to resolve issues of significant financial impact and image to the Corporation. Demonstrated ability to build consensus, establish trust, communicate effectively among external and internal stakeholders to maximize solutions to complex regulatory and financial issues. Demonstrated detailed knowledge of corporate tariffs, PUC regulations, revenue requirements, and risk management. Ability to develop numerous business and political relationships with legislators, regulators, and other parties that impact business. - Demonstrated project management skills.
Job ID: 232982
101 Constitution Ave NW
Washington, DC 20001