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Power Energy Portfolio Analyst, Principal

  • Full Time
  • Tacoma, Wash.
  • $115,377.60-$162,427.20 per year
  • Posting End Date: February 29, 2024

Website City of Tacoma

Wage or Salary:
$115,377.60-$162,427.20 per year

Join Tacoma Power’s Power Management team as a Power Energy Portfolio Analyst, Principal! We’re on a mission to optimize energy supplies and deliver competitively-priced power products and services to our customers. In this role, you’ll co-manage our largest contracts with the Bonneville Power Administration (BPA), covering 40% of our operating expenses.
Your focus will be on a team that oversees the BPA Power Supply contract (70% of our delivered electricity) and managing the BPA Transmission Services contract (essential for reliable load service and wholesale transactions). Success means effectively representing our customers in BPA proceedings, requiring expertise in regional power and transmission issues.
You’ll lead our participation in BPA’s transmission offerings, showcasing your negotiation skills in a complex regional landscape. This role is critical for our success in regional power and transmission markets, collaborating closely with upper management to achieve goals.
Additionally, you’ll negotiate and manage other wholesale power supply contracts, the 3rd AC transmission agreement, and contracts with our large industrial retail customers. Ready to bring your expertise to a dynamic team and make a big impact in the energy sector? Join us at Tacoma Power!

Responsibilities include:
Represent Tacoma Power’s interests in BPA’s formal Power and Transmission rate case processes. This requires the incumbent to be familiar with BPA’s many statues, business processes, and be knowledgeable in BPA Power and Transmission rate setting practices and processes. These rate setting processes include revenue requirement and cost of service studies, rate design methodologies, hydrologic condition forecasting, transmission congestion and load studies, resource operation and market price forecasting,. Incumbent must possess exceptional negotiating skills and be able to testify as an expert witness in formal legal processes on such matters involving multi-million dollar power and transmission issues for Tacoma Power.
Work with stakeholders, trade and planning organizations, BPA and other utilities on important regional policy, planning and operational issues associated with power, conservation, and transmission issues (e.g., the Energy Imbalance Market, Columbia River Treaty, BPA OATT).
Manage Tacoma Power’s BPA Power and Transmission contract processes and negotiate any necessary new agreements or changes. This includes managing quarterly and annual filing requirements and contract exhibit updates associated with Tacoma Power’s BPA Power, Transmission, and Large Industrial Sales Agreements.
Prepare and present reports, presentations and recommendations to management, Public Utility Board, or City Council as necessary on all matters listed above.
Lead and manage Power Management initiatives (established annual goals) related to power, transmission and large industrial customer issues.
Provide advice and policy direction to other sections and established teams within Tacoma Power on power and transmission issues.
Prepare various federal, state and TPU economic, financial, and operational reports (e.g., production unit cost, fuel mix, TP budget).
Minimum Education*
Bachelor’s degree in Engineering, Economics, Business or Public Administration or directly related field.

Minimum Experience*
5 years of electric utility analysis experience in power energy markets or energy technology.

Desired Skills and Experience
Law, finance, or accounting degree and/or experience in electric utility rate setting and regulated electric utility matters.   Open Access Transmission Tariff (OATT) service.  Regional BPA power and transmission issues.
*Equivalency: 1 year of experience = 1 year of education

Additional Information:

Tacoma Power
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.

Interested 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.

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.

Communication from the City of Tacoma:
We primarily communicate via e-mail during the application process. 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.

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