Rates Analyst

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. Consumers Energy knows job number one is to keep the lights on for customers. We are committed to delivering reliable, clean, and affordable energy to our customers 24/7.

This is a hybrid (onsite/virtual) with minimum onsite requirements on Monday, Tuesday and Thursday assigned to One Energy Plaza located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).

The Rates Analyst will monitor, review, and evaluate service rates and charges. Calculate cost-of-service and perform related rate analysis. This position is responsible for developing and maintaining an analysis of utility rate filings for both gas and electric utilities. The incumbent is expected to review utility filings with public utility commissions for requested changes to the rate base and rates for service.

• Responsibility for the preparation of exhibits, studies, schedules, and workpapers and related written testimony for general rate case applications filed with the Michigan Public Service Commission (MPSC)
• Willingness to serve as a Company expert in general rate case and various other proceedings before the Michigan Public Service Commission (MPSC)
• Assist in efforts to ensure the Company's regulated utilities receive adequate and timely recovery of their costs by developing ratemaking proposals and recommendations to advance the Company's position
• Monitoring public utility commissions for changes in regulatory policies and procedures that could impact the filing of utility rate cases covered by the analyst
• Help other departments including IT prepare for policy and tariff changes, by writing RFS and procedure manuals
• Help perform electric marginal and embedded cost of service studies with all required special studies
• Create internal customer communications based on proposed tariff changes
• Create technical and cost analysis required to develop and gain regulatory approval for electric rates and other tariff provisions
• Updating rate case exhibits and assisting in preparing testimony for the Cost-of-Service Study and Rate Design
• Capturing key metrics on utility rate filings including tracking docket numbers for the filings, authorized return on equity, capital structure, requested and approved rate base, and the changes in expected customer rates
• Other duties as assigned or may be necessary

• Basic understanding and experience with various ratemaking concepts including revenue requirements, cost of service, rate of return, regulatory accounting principles
• Demonstrated ability to summarize legal documents
• Demonstrated analytical and problem-solving abilities
• Knowledge of accounting and finance principles
• Strong demonstrated verbal and written communication skills
• Demonstrated experience in Excel and PowerPoint
• Demonstrated experience with strong skills in MS Word

• Bachelor's degree in finance, accounting, political science, law or engineering with two (2) or more years of experience with rates and conducting analyses
  
  
  
  • (OR) Associate's degree in finance, accounting, political science, law or engineering with four (4) or more years of experience with rates and conducting analyses
  • (OR) High school diploma/GED with six (6) or more years of experience with rates and conducting analyses
  
  
  
  

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Why should you join our team?

At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.

What we offer:

• Competitive compensation packages
• Medical, Dental and Vision
• 401k with company match
• Paid parental leave
• Up to 13 paid Holidays
• Paid time off
• Educational Assistance Program

Diversity, Equity & Inclusion:

We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.