Senior or Lead Economist
RICHMOND, VA, US, 23219
Dominion Energy
Dominion Energy offers clean, safe, reliable, and affordable energy to our customers.
Dominion Energy is committed to providing reliable, affordable, and increasingly clean energy that powers our customers every day. If you want to work for a purpose-driven company that values safety and collaboration, we’re looking for you. You won’t just find a job here; you’ll find your career. Review the position below and apply today.
Military service members and veterans with ranks from E5-E9, W1-CW5, or O3-O6, plus appropriate equivalent combination of education and years of experience as outlined below will be considered for this opportunity.
At this time, Dominion Energy cannot transfer or sponsor a work visa or employment authorization for this position.
Job Summary
There is one position available which will be filled at the level commensurate with the successful candidates' education, experience, knowledge skills, and abilities.
This position plays a lead role in forecasting company’s electric system peak demand, energy and sales. This position is primarily focused on researching, interpreting, and forecasting customer electric usage within the Dominion Energy service territory. The successful candidate will maintain and enhance complex economic models which provide essential business information such as historical and predictive analysis of class and end-use sales. The work to be performed requires the use of applied techniques that span the academic disciplines of economics, statistics, mathematics, and computer programming. The successful applicant will be expected to mine large volumes of historical billing data (including AMI data) and transform that data into useful information that will help explain customer electric usage over time and how those patterns are impacted by Demand Side Management (DSM), Energy Efficiency (EE), and electrification.
The successful candidate will answer interrogatory requests associated with both Virginia and South Carolina Public Service Commission hearings and associated filings and serve as a Company witness, as needed, during those hearings.
Additionally, the responsibilities would include company’s sales and revenue forecasting and analysis, including variance explanation.
Specific responsibilities include the following:
- Maintain and enhance complex economic models which provide essential business information such as historical and predictive analysis of class and end-use sales.
- Analyze electric load drivers such as datacenters, electric vehicles, rooftop solar, Demand Side Management (DSM), Energy Efficiency (EE), and electrification.
- Maintain, enhance, and develop analytic tools, data processes and methods to analyze and present load research and forecast results.
- Ability to communicate, present, and defend analysis and forecasting methodologies in an aggressive environment.
- Mine large volumes of historical billing data (including AMI data) and transform that data into useful information that will help explain customer electric usage over time.
- Support sales and revenue budget development and variance reporting.
- Ability to apply advanced statistical, mathematical, and econometric modeling techniques to solve complex problem.
- Provide full support of regulatory matters related to the load forecast, including answering discovery requests associated with regulatory filings and serving as the Company’s witness during hearings and other regulatory proceedings.
Required Knowledge, Skills, Abilities & Experience
5+ years of directly related experience;
- Experience with electric utility forecasting is desired for Senior Economist level; For Lead Economist level, utility forecasting is required
- Full knowledge of concepts and applications of statistical analysis, econometrics, and economics or demography;
- Advanced Microsoft Excel skills;
- Proficiency in the use of one or more major statistical analysis software platforms such as R, Python, SAS, or MetrixND; use of the SQL query language and relational databases;
- Previous experience serving as a witness in regulatory proceedings is desired;
- Knowledge of building data dashboards using tools such as Power BI or Tableau;
- Understanding of sales and revenue variance reporting techniques and approaches;
- Strong oral and written communication skills.
Education Requirements
Degree or an equivalent combination of education and demonstrated related experience may be accepted in lieu of preferred level of education: Bachelor or Master
Preferred Discipline(s): Economics, Mathematics, Statistics
Other disciplines may be substituted for the preferred discipline(s) listed above.
Licenses, Certifications, or Quals Description
Working Conditions
Office Work Environment 76 -100%Travel Up to 25%Other Working Conditions
Test Description
No Testing Required
Export Control
Certain positions at Dominion Energy may involve access to information and technology subject to export controls under U.S. law. Compliance with these export controls may result in Dominion Energy limiting its consideration of certain applicants.
Other Information
We offer excellent plans and programs for employees. Employees are rewarded with a competitive salary and comprehensive benefits package which may include: health benefits with coverage for families and domestic partners, vacation, retirement plans, paid holidays, tuition reimbursement, and much more. To learn more about our benefits, click here dombenefits.com.
Dominion Energy is an equal opportunity employer and is committed to a diverse workforce. Qualified applicants will receive consideration for employment without regard to their protected veteran or disabled status.
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* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Econometrics Economics Excel Mathematics Power BI Python R RDBMS Research SAS SQL Statistics Tableau Testing
Perks/benefits: Career development Competitive pay Health care Travel
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