Siemens Careers

Principal Consultant, Rates and Regulatory

Fairfax, Virginia
Research & Development

English (US)

Job Description

Division: Energy Management
Business Unit: Digital Grid Solutions & Services
Requisition Number: 221560
Primary Location: United States-Virginia-Fairfax
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 20%

Division Description:

With power chain management from creation to consumption, and over half a dozen manufacturing hubs here in the U.S., Siemens Energy Management provides technologies for the economic, reliable, and intelligent transmission and distribution of electrical power. From smart grid and energy automation technology, to power supply for industrial plants and high-voltage transmission systems, Siemens is providing intelligent technologies to a diverse clientele.
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Job Description:

Principal Consultant, Rates and Regulatory Consulting
Position Overview

 As a result of rapid growth in our strategic consulting business, we are seeking a Principal Consultant to join our Utility Strategy Practice. This is a client facing position, reporting to the Head of Energy Business Advisory. The Principal will be responsible for delivering and managing on-going rate strategy, cost of service, and rate design engagements, while also contributing to new order intake and business development, for US electric and gas utilities. 

 Position Responsibilities
  • Provide a range of rate strategy, rate design, rate incentives, cost of service and financial analysis consulting services to publically and investor owned electric utility clients.   

  • Provide credible, expert testimony as needed for rate and regulatory hearings related to rate design, rate studies.

  • Provide rate design program assessments, wholesale and retail rate design assessments and design incentive program to help clients meet their business objectives.

  • Develop staffing plans for short, mid and long term rate and cost of service related projects. 

  • Mentor and train staff members to assist with rate focused engagements.

  • Create project staffing plans, budgets and margin expectations, and manage engagements within these parameters.

  • Ensure that staffing resources are deployed appropriately, and that quality control systems and practices are implemented. 

  • Manage project teams of senior consultants, consultants, analysts and sub-contractors. 

  • Simulate recommended rate management strategies; bring a best practice perspective to clients’ rate making programs.

  • Contribute to the growth strategy for the Utility Strategy Practice. Our Strategy Practice includes Digital Grid Modernization, Electric Utility Integrated GT&D planning, Power and Fuel Market Forecasting, Risk Management and Rates and Regulatory practices.  The responsibilities will include contributing to the evolution of offerings to keep them best in class as well as the development and introduction of new consulting products.

  • Contribute to the business development and sales process, including through identification and pursuit of new leads from both new and existing clients.  

  • Work with power/energy/environmental market experts to develop a view of future rate designs to align rates with costs, provide incentives for achieving targeted objectives for penetration of distributed generation, energy efficiency, demand response and other programs. 

  • Exercise thought leadership to guide the research and development of emerging issues and solutions impacting risk management in the power and energy industry. Publish thought leadership pieces.  


Required Knowledge/Skills, Education, and Experience

  • 10+ years of consulting experience in the power/energy industry.

  • In depth knowledge of rate analyses, rate design, cost of service and rate modeling.  

  • Experience with depreciation studies, end use studies and load and energy forecasting.

  • Strong quantitative background, by education and / or professional experience

  • Testimony experience in rate design and cost of service
  • Experience with Matlab and/or SQL coding and applications a plus

  • Track record of successful project management, preferably for energy/power industry clients.

  • Masters or PhD in Business, Accounting, Economics or other Applicable Technical Discipline.

  • Ability to provide strong technical leadership / oversight for a wide range of economic and statistical analyses in the energy field.

  • Detailed knowledge of electric power, natural gas, environmental markets, generation, transmission, distribution and energy demand.

  • Strong expertise in US energy/power market analysis and a detailed understanding of the analytical tools / software used in the industry.

  • Strong client facing, consulting skills, including excellent written, oral, analytical, and presentation skills required.

  • Strong interpersonal skills and teamwork, expresses ideas in a clear and concise manner, both in written and oral communications.

  • Identifies issues and problems, secures relevant information, considers alternative courses of action and makes good business decisions.

  • Sees change in the business or work environment, understands implications and adjusts priorities as needed on short notice.

  • Has the ability and willingness to travel.


Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.

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