What are the responsibilities and job description for the Lead Regulatory & Rates Analyst position at CenterPoint Energy?
CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.
Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.
At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.
Job Summary
CenterPointEnergy serves multiple jurisdictions for-natural gas distribution, electric transmission and distribution service for Houston area in southeast Texas and fully integrated electric business in southwest Indiana. This position will focus on the Indiana and Ohio natural gas jurisdictions and the electric business in southwest Indiana. Develops and implements rate cases and other major regulatory filings, including providing support for preparing revenue requirements, cost allocation and rate design to achieve CenterPoint Energy's (CNP's) strategies, goals and objectives. Supports the development of potential capital investment plan filings in Indiana and Ohio. Develops indicative rates with prospective customers, which will help CNP effectively compete for electric business in southwest Indiana and natural gas business in Indiana and Ohio. Qualified candidate must show an understanding of the natural gas and electric utility businesses including principles of cost allocation and rate design, and knowledge of power plant generation resources. Provides work direction to junior professionals.
Essential Functions
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Preparesspecial studies that are utilized in cost of service studies, allocations to gas and electric rate classes, and rate design for natural gas in Indiana and Ohio, and electric in southwest Indiana jurisdictions.
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Provides direction and input on the calculation of revenue requirement and regulatory filings, allocation of revenue requirement to customer classes, customer impacts, and resulting rates for complex regulatory filings.
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Coordinates with expert consultants in major regulatory filings to provide data, input, and direction in the development of cost of service studies.
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Coordinates the implementation of rate changes and the administration of existing rates and tariffs.
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Administers existing rates and tariffs.
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Maintains compliance with all applicable requirements concerning rates, gas costs, fuel costs, and tariff-related matters.
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Assists in preparation of regulatory filings including testimony, schedules, work papers, requests for information and briefs on a timely basis and ensures compliance with all regulatory requirements.
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Gathers and analyzes financial information and operating statistics and their impacts for the development of regulatory strategies.
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Prepares major rate and regulatory projects.
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Monitors and communicates to senior management key developments in rate and regulatory matters that directly or indirectly impact CNP or its business environment.
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Represents CNP's interests in dealings with regional trade, industry and professional organizations.
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Works closely with industry associations to coordinate industry responses to key rate and regulatory issues.
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Establishes and maintains communications with members of the appropriate CenterPoint departments to identify and research current issues or trends affecting regulatory environment.
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Attends workshops and conferences to monitor the regulatory environment to identify trends, issues, or decisions which might affect Company's regulatory objectives.
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Performs ad-hoc analysis as needed to support department activities (Regulatory, Integrated Resource Planning, etc.) including special studies (i.e. COS) related to rate cases.
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Support development of special contract electric and/or natural gas rates for current and prospective customers.
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Performs billing and benchmarking estimates, bill audits, rate verification, and SOX audits and testing.
Education Description
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Requiresa Bachelor's degree.
Experience
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Requiresa minimumfive to seven (5-7) years of experience in rate or regulatory matters and a minimum of two years in regulatory relationships.
We want you to know
Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together.
What we bring to you
- Competitive pay
- Paid training
- Benefits eligibility begins on your first day
- Transit subsidies
- Flexible work schedule, paid holidays and paid time off
- Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
- Professional growth and development programs including tuition reimbursement
- 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution
Job Type:Full Time
Posting Start Date: 03/25/2025
Posting End Date: 04/08/2025
This contractor and subcontractor shall abide by the requirements of 41 CFR * 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.
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CenterPoint Energy is an Equal Opportunity Employer looking to employ and advance in employment qualified minorities, females, people with disabilities, and veterans.
