Senior Load Analyst Jobs in Baltimore – Maryland – USA at Exelon Services, Inc
Title: Senior Load Analyst
Company: Exelon Services, Inc
Location: Baltimore – Maryland – USA
Type: Full Time
Category: Energy/Power Generation, Finance
Description 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 willbe 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 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!
PRIMARY PURPOSE OF POSITION Performs the EED electric and gas load forecasting processes for ComEd and PECO. Acts as a principal contributor to the forecasting of EED energy sales and peak demand. Develops and uses econometric/statistical models for forecasting and weather adjusting output, sales and peak demand, to be used as the basis of EED’s monthly and long-term sales and peak forecasts.
Occasionally prepares reports describing economic conditions within the U.S. and the three service territories, and conducts ad-hoc analysis of various customer classes in order to better understand customer usage patterns. PRIMARY DUTIES AND
Performs the load/sales forecasting process for utilities, which includes:
Projecting of capacity, distribution and energy sales using econometric modeling and customer analyses. Oversee the development/refinement of econometric models that are used not only for forecasting purposes, but also provide historical weather-adjustments. Monitor retail-switching activity within the service territory and other states for forecasting purposes. Analyses of monthly results using the Data Warehouse (or similar databases) to further understand changes in customer usage;
plus monthly variance analysis of forecasted and actual results to budget, forecast and prior year results. Applying and leading load research analysis. (70%)Assist in the preparation of required regulatory load and sales reporting. (5%)Assist in regulatory issues or special projects as needed. (5%)Prepare reports describing economic conditions within the U.S. and the three service territories. (5%)Complete ad-hoc analyses of customer classes to obtain better understanding of customer usage patterns.
(15%)JOB SCOPEResponsibility for performing load forecasting.
Key input to financial, regulatory and operating plans for EED.
Works under minimal supervision
QualificationsMINIMUM QUALIFICATIONS4year degree in economics, mathematics, statistical analysis, finance or other appropriate discipline; coupled with 5 to 8 years of economic, financial or customer sales business experience.
Load Forecasting experience or experience in developing and applying econometric forecasting techniques in a practical business environment to support decision making.
Proven ability to gather, organize, analyze, interpret and communicate data in an understandable and meaningful manner to improve understanding to facilitate business strategy, decision making and perform…