Rates and Forecasting Manager
Tacoma Power's Rates, Planning, and Analysis (RPA) team is looking for a Rates and Forecasting Manager to lead and oversee the organizational unit responsible for analyzing and forecasting customer usage and developing rates for over 181,000 power utility customers across 17 different rate schedules, including multiple special rate schedules. In this role you will manage the development of the short- and long-range customer demand and sales forecasts, associated publications, and reports.
- Oversee the electric utility ratemaking process, including cost-of-service analysis, retail rate design, and retail rate change, in accordance with state and local law, Public Utility Board Strategic Directives, electric utility rate and financial policy, industry standards, and Tacoma Power-specific ratemaking objectives.
- Ensures compliance with all technical and legal steps required to adjust and develop retail rates.
- Ensure the immediate and long-term financial stability and viability of the organization, maintaining low-cost power to our customers, preparing for the future in a dynamic and evolving industry, and maintaining a solid financial rating for the power utility.
- Responsible for making presentations and recommendations for rate adjustments, new rate design, and policy changes to executive leadership, Public Utility Board, Government Performance and Finance Committee, and Council.
- Ensure alignment of Tacoma's Rates and Forecasting function with the Public Utility Board's Strategic Directive on Rates, Financial Sustainability, and Resource Planning and Tacoma Power's strategic plan.
- Collaborate with multiple internal and external departments and stakeholders on matters impacting customer usage and retail rates to ensure stable and consistent rates for our customers.
- Bachelor's Degree in Business, Economics, Accounting, Finance or Electrical Engineering
- 6 years of experience in wholesale energy marketing/planning, quantitative analysis or related utility operations, including at least 1 year prior experience at the senior, lead and/or supervisory level
*Equivalency: 1 year of experience = 1 year of education
Selection Process & Supplemental Information
This recruitment is being managed by Kye Merritt . If you would like to be notified of similar opportunities or stay connected with things going on at Tacoma Public Utilities and the City of Tacoma, connect with them on LinkedIn.
City of Tacoma Commitment to Diversity and Inclusion
Tacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.
The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.
Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve approximately 170,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.
I nterested individuals should apply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.
Reference checks will be conducted on final candidates and appointment is subject to passing a background check.
Communication from the City of Tacoma:
We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.
If you have any additional questions regarding this position, please contact the Human Resources office at (253) 591-5400 before 5pm on the closing date.
The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Public Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.
Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Vision Coverage: For eligible employees and their eligible dependents.
Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.
Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.
Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.
Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.
Other Employment Information
Direct Deposit: Employees are paid on a bi-weekly schedule by direct deposit.
Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.
Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.
Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.
Closing Date/Time: 8/31/2023 5:00 PM Pacific