ITC Holdings Corp. · 2 weeks ago
Regulatory Analyst, Sr (Transmission Pricing & Rates)
Novi, MI
Full-time
Onsite
Senior Level
5+ years expITC Holdings Corp. is focused on building a reliable and resilient power infrastructure for the future. The Senior Regulatory Analyst will provide business analysis support for transmission pricing and rate-setting processes while engaging with regulatory bodies and stakeholders to advocate for effective transmission pricing policies.
ElectronicsEnergyEnergy Efficiency
No H1B
Responsibilities
Supports pricing, ratemaking and tariff development efforts by performing research, creating proposals, and advocating before stakeholders and regulatory bodies to achieve company objectives
Becomes a subject matter expert on tariff rate design, revenue requirement component build-up, regulatory accounting, revenue distribution and regional revenue requirement recovery; provides guidance to the Accounting, Finance, and Legal groups on all transmission rate issues
Assists, as directed, with preparation of filings, true-up calculations and required tariff submissions to Regional Transmission Organizations (RTOs) for company subsidiaries and subsequent inquiries on such filings
Verifies compliance with associated standards, including established submission timelines
Works with business units to formulate and communicate strategies in response to regulatory filings and orders impacting ITC's rates; researches, analyzes and interprets data and disseminates information on rates and the impact on the company
Supports the administration of current formula rate tariffs/templates; assists with training to support all functions within the Regulatory department
Participates in process development to ensure timely and accurate posting of formula rates, true-ups, and related disclosures and/or information requests, including protocol inquiries and challenges; works cooperatively with appropriate subject matter experts and keeps all informed of impending deadlines
Gains knowledge on tariff rate design, revenue requirement component build-up, regulatory accounting, revenue distribution and regional revenue requirement recovery; works with the Accounting, Finance, Legal groups on all transmission rate issues
Monitors federal transmission rate initiatives to stay informed; provides research, analysis and interpretation of regulatory filings concerning rates; reviews industry publications, participates in industry groups and conferences to stay informed
Develops reports to meet management requests for regulatory-related information
Perform economic analysis of regulatory alternatives including effects on rate base, income, cash flow, unit costs, financial accounting, and formula rates
Applies fixed charge rates for use in formula rates, contracts, and cost sharing agreements
Supports the company's compliance with all Federal Energy Regulatory Commission (FERC) rules and regulations, including the timely submission of reports and filings
Participates in meetings with regulators and/or other relevant stakeholders as needed
Supports the development and review of regulatory rate filings, drafting of testimony and briefs, and processing of discovery questions
Serve as case manager to lead administrative and strategic development efforts for regulatory filings with company personnel, consultants, outside counsel, and others as needed
Assists in delivering presentations to regulators and their staffs, stakeholders/customers, industry/trade associations, consumer groups and other utility professionals
Qualification
Required
Bachelor's degree in Accounting, Finance, Business, Economics, Engineering, Political Science, Mathematics, or relevant, equivalent experience and/or education
Minimum of five (5) years of experience as a Regulatory Analyst or similar responsibility
Strong quantitative and analytical skills; ability to thoroughly research issues and analyze various types of information
Ability to communicate effectively (both verbally and in writing) and establish rapport with colleagues, regulators, stakeholders/customers, and other individuals inside and outside the company
Strong interpersonal skills including the ability to interact with internal and external legal counsel to respond to various regulatory issues and timelines that may inconvenience their normal work duties
Ability to understand and interpret the effects of FERC along with various state utility commission rules and regulations on the company
Ability to work in a constantly changing environment and capable of managing multiple projects and tasks and ensuring their timely completion
Ability to work as part of a team
Ability to travel for company business, including overnight stays (occasional, not regular travel)
Advanced knowledge of computer software applications such as Microsoft Word, Excel, Outlook, and PowerPoint
Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas
Preferred
Financial modeling experience and/or working knowledge of FERC USOA and GAAP accounting
Benefits
Industry-leading compensation
Benefits
Opportunities to channel your energy into solutions
Company
ITC Holdings Corp.
From electric vehicles to renewables, we’re looking at electricity in a whole new way— because transmission is the key to unlocking our energy future.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.5B2024-05-06Post Ipo Debt· $400M
2023-05-17Post Ipo Debt· $500M
2022-09-08Post Ipo Debt· $600M
Leadership Team
Joseph L. Welch
Chief Executive Officer & President
Gretchen Holloway
Chief Financial Officer
Recent News
2025-11-14
2025-04-21
Company data provided by crunchbase