Regulatory Affairs Consultant (Rate Applications)

WORK ILLUSTRATION:

The Regulatory Affairs Consultant will be responsible for leading detailed regulatory research, analysis and evidence development activities, engaging and collaborating with internal stakeholders on complex regulatory matters, providing regulatory advice to senior leaders and advocating for the organization’s interests through regulatory and/or energy policy proceedings.  They consult with business unit stakeholders to educate the organization on the impact of regulatory policy, process and decisions, and execute departmental activities to implement the regulatory strategy, promote regulatory acumen in the organization and advance rate application objectives. The incumbent is also responsible for supporting the monitoring and reporting of rate application projects.

The incumbent is expected to behave ethically and follow the established code of business conduct, policies and internal control procedures, laws and regulations governing Toronto Hydro. 

KEY RESPONSIBILITIES:

• Conducts detailed, jurisdictional regulatory and/or energy policy research and analysis on emerging issues associated with economic regulation frameworks, integration of distributed energy resources into local grids, and evolving roles of utility companies in meeting evolving customer needs and preferences.
• Proactively conducts and consolidates detailed jurisdictional research and stakeholder engagement on emerging policy issues and regulatory framework requirements to maintain regulatory compliance and identify opportunities, mitigate risks for advancement.
• Represents and advances the organization’s regulatory strategy, acting as a subject matter expert.
• Reviews the organization’s rate and non-rate related applications to ensure consistency in quality and content of evidence.
• Develops briefing materials (slide decks, briefing notes) and generates quantitative, qualitative analysis to inform regulatory and rate applications strategy and issues management activities.

REQUIREMENTS:

• Bachelor of Economics, Public Policy/Administration, Business Administration, Engineering or a related degree: preference will be given to a Master’s level degree in any of the above fields.
• Five (5) to seven (7) years of experience of direct or indirect energy and regulatory policy matters with the Ontario Energy Board and/or the Independent Electricity System Operator (or their equivalents in other jurisdictions).
• Strong understanding of the Ontario’s utility regulatory framework (and marketplace) including an understanding of relevant agencies, stakeholders, and interests.
• Deep knowledge of regulatory provincial legislation, handbooks and code for electric utilities.
• Knowledge of performance based regulatory theory and practice and of alternat.
• Considerable experience and comfort providing briefings and generating required materials (PowerPoint, Word).
• Critical thinking and problem-solving skills, including experience using Excel.
• Excellent oral and written communication and advocacy skills.
• Knowledge of alternative regulatory frameworks (e.g. cost of service, rate of return, incentive rate mechanism).
• Knowledge and understanding of financial and operating consequences of regulatory rules, policies and proposals.
• Business and financial acumen.
• Knowledge of provincial and federal policy development processes.
• Stakeholder management skills.

This position is based in a hybrid environment allowing for remote work two days per week, based on business needs. Employees will be required to come onsite Tuesday to Thursday. You are expected to live in Ontario and within reasonable commuting distance of the office. #LI-Hybrid

Thank you for considering a career with Toronto Hydro. We welcome applications from all qualified candidates. If you’re having difficulty using our online application system and require accommodation, please email hr_talent@torontohydro.com or call (416) 542-8000. Toronto Hydro is pleased to provide reasonable accommodation for qualified individuals throughout the job application process. Please note this email is for accommodation requests only. Resumes sent to this email address will not be considered. Learn more about our commitment to accessibility.