Posting a job for a friend at BGE. If interested in this opportunity, please go to www.exeloncorp.com to apply on-line. Please go to the Careers link and apply to job # 3009455, Principal Load Forecasting Analyst.
Update (7/15/2014): Due to system consolidation from 7/17-7/21, the posting has been extended through midnight on 7/31. Between 7/17-7/21, you can e-mail your resume to Karen.Lawrence@exeloncorp.com and you will be asked to apply online between 7/22-7/31. Until 7/17, and between 7/22-7/31, please apply for this position online.
Company Highlights
At Exelon, we've got a place for you!
Join the nation’s leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.
Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 150 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!
Business Unit Overview
For nearly 200 years, BGE has been an innovator in meeting the energy needs of central Maryland residents and businesses. Headquartered in Baltimore, BGE provides service to more than 1.2 million electric customers and more than 650,000 natural gas customers. BGE's electric service territory is approximately 2,300 square miles, and its gas service territory is approximately 800 square miles.
Job Description
Serve as subject matter expert and team lead in the development, maintenance, documentation and efforts to continually improve the econometric models in use. Provide oversight and guidance to monthly close processes and provide econometric modeling support to cross functional teams evaluating or implementing strategic initiatives as needed. Mentor and train other members of the load forecasting team and serve as a key resource to other workgroups seeking load forecasting or econometric modeling expertise.
This position may be required to work extended hours, including 24 x 7 coverage during storms or other energy delivery emergencies.
Lead efforts to develop, maintain and document load forecast models used to generate monthly consumption and peak load estimates. Identify opportunities to improve forecast models as warranted over time. Provide analyses of variances and respond to related questions. Develop and maintain weather normalization process. Provide oversight and participate in the monthly close process.
Lead or support development and maintenance of other econometric models and serve as
econometric modeling expert in support of cross functional strategic initiatives.
Support regulatory proceedings including development of weather adjusted billing determinants,10-year PSC planning filing as well as other day-to-day ad hoc requests pertaining to load forecasting or econometric modeling. Review PJM forecasts and provide input as needed.
Day-to-day planning, training and mentoring activities.
POSITION SPECIFICATIONS:
Minimum Requirements
Education: BS or BA required.
Experience: Ten years of experience in load forecasting, IT, customer service or engineering.
Skills:
Preferred
Advanced degree in Economics, Statistics, or Business strongly preferred.
POSITION SCOPE:
This position is the key analytical position in preparing load forecasts that are used in revenue projections, external load projections and the procurement of approximately $3 billion/year of energy. This position has a direct impact on the company's ability to recover its revenue requirement (e.g., ROE model and weather-adjusted billing units).
This position has an array of both internal and external contact relationships: Internal relationships include Strategy and Regulatory Affairs, Finance, Gas Supply and Transportation, Gas and Electric Pricing and Tariffs, Energy Acquisition. External relationships are often indirect, and includes entities such as the Maryland Public Service Commission, PJM, other utilities and consultants.
Often supports PECOs and ComEds load forecasting group by providing assistance and advice. Recommends process improvements that reduce the time in preparing a forecast, increases accuracy and enhances documentation.
EEO and VEVRAA Statement
Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, protected veteran status, or any other classification protected by federal, state, or local law.
VEVRAA Federal Contractor
Update (7/15/2014): Due to system consolidation from 7/17-7/21, the posting has been extended through midnight on 7/31. Between 7/17-7/21, you can e-mail your resume to Karen.Lawrence@exeloncorp.com and you will be asked to apply online between 7/22-7/31. Until 7/17, and between 7/22-7/31, please apply for this position online.
Company Highlights
At Exelon, we've got a place for you!
Join the nation’s leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.
Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 150 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!
Business Unit Overview
For nearly 200 years, BGE has been an innovator in meeting the energy needs of central Maryland residents and businesses. Headquartered in Baltimore, BGE provides service to more than 1.2 million electric customers and more than 650,000 natural gas customers. BGE's electric service territory is approximately 2,300 square miles, and its gas service territory is approximately 800 square miles.
Job Description
Serve as subject matter expert and team lead in the development, maintenance, documentation and efforts to continually improve the econometric models in use. Provide oversight and guidance to monthly close processes and provide econometric modeling support to cross functional teams evaluating or implementing strategic initiatives as needed. Mentor and train other members of the load forecasting team and serve as a key resource to other workgroups seeking load forecasting or econometric modeling expertise.
This position may be required to work extended hours, including 24 x 7 coverage during storms or other energy delivery emergencies.
Lead efforts to develop, maintain and document load forecast models used to generate monthly consumption and peak load estimates. Identify opportunities to improve forecast models as warranted over time. Provide analyses of variances and respond to related questions. Develop and maintain weather normalization process. Provide oversight and participate in the monthly close process.
Lead or support development and maintenance of other econometric models and serve as
econometric modeling expert in support of cross functional strategic initiatives.
Support regulatory proceedings including development of weather adjusted billing determinants,10-year PSC planning filing as well as other day-to-day ad hoc requests pertaining to load forecasting or econometric modeling. Review PJM forecasts and provide input as needed.
Day-to-day planning, training and mentoring activities.
POSITION SPECIFICATIONS:
Minimum Requirements
Education: BS or BA required.
Experience: Ten years of experience in load forecasting, IT, customer service or engineering.
Skills:
- Strong analytical skills and ability to analyze and model complex problems using various tools.
- Demonstrated extensive econometric modeling experience and a solid understanding of the drivers related to customer usage and behavior.
- A good understanding of a utility’s financial, regulatory and business practices.
- Leadership ability to provide functional direction, guidance, and support to peers. Requires the ability to work independently and in a team environment with minimal direction.
- Excellent written and oral communication skills.
- Demonstrated experience in conducting econometric and statistical analysis using tools including but not limited to EViews, SAS, MetrixND, Excel
Preferred
Advanced degree in Economics, Statistics, or Business strongly preferred.
POSITION SCOPE:
This position is the key analytical position in preparing load forecasts that are used in revenue projections, external load projections and the procurement of approximately $3 billion/year of energy. This position has a direct impact on the company's ability to recover its revenue requirement (e.g., ROE model and weather-adjusted billing units).
This position has an array of both internal and external contact relationships: Internal relationships include Strategy and Regulatory Affairs, Finance, Gas Supply and Transportation, Gas and Electric Pricing and Tariffs, Energy Acquisition. External relationships are often indirect, and includes entities such as the Maryland Public Service Commission, PJM, other utilities and consultants.
Often supports PECOs and ComEds load forecasting group by providing assistance and advice. Recommends process improvements that reduce the time in preparing a forecast, increases accuracy and enhances documentation.
EEO and VEVRAA Statement
Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, protected veteran status, or any other classification protected by federal, state, or local law.
VEVRAA Federal Contractor
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