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Director- Wholesale Power Contracts (UIL 68341) Orange, CT in Orange, CT at Avangrid

Date Posted: 11/14/2018

Job Snapshot

  • Employee Type:
  • Location:
    Orange, CT
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Publication date: 13.11.2018REFERENCE: 5104621901

CompanyCompany: UIL Holdings Corp.Department: RegulatoryJob Title: Director – Wholesale Power ContractsReports to: VP Regulatory Affairs - CTLocation: Orange, CTCross Company Responsibility: No

Business and DepartmentUIL - 180 OrangeNew Haven,CT

DescriptionJOB SUMMARY:

Scope of Work - Main duties, settings, geography, reporting relationships, other relationships:

Provide strategic leadership and oversight of UI’s wholesale power procurement process from the initiation ofprocurement activities, through close-out and settlement. Develop and maintain strong relationships with regulatorsand policy-makers in Connecticut. Lead UI’s participation in state-mandated procurement activities, often workingjointly with regulators and external stakeholders. Develop innovative solutions to solve challenges associated withthe procurement of products from customer-sited renewable generation and storage. Provide expert testimony onbehalf of UI and its customers in legislative proceedings related to energy policy. Represent UI in interactions withlegislative staff, and energy policymakers on new energy legislature. Provide leadership of AVANGRID’sparticipation in the New England regional stakeholder process (NEPOOL), working jointly with other AVANGRIDentities that participate in New England markets.

MAJOR ROLES AND RESPONSIBILITIES (Scope of work - range of responsibilities):

• Lead UI’s power procurement process for Standard Service and Last Resort Service.• Lead UI’s participation in state-mandated procurement activities, including the negotiation of resulting contracts.• Develop and maintain crucial relationships with regulators and policy makers. Represent UI as a subject matterexpert on renewable energy contracting with Connecticut regulators.• Represent the company in regulatory proceedings and legislative hearings.• Lead the middle and back office functions related to power and renewable certificate contracts; ensure that invoicereconciliations and accounting entries are correct.• Create, direct and oversee the development of regulatory filings and other written communications.


Education & Experience Required:

Bachelor of Science Degree in Accounting, Finance, Business Administration, Economics, Engineering,Mathematics, or other related fields. MBA or advanced courses in utility or regulatory accounting desirable.

At least ten years of related experience with wholesale energy procurement, wholesale energy marketing andtransaction structuring, regulation or commercial management of power generation. Experience with wholesalepower markets, with a preference for experience in ISO New England markets. Extensive experience negotiatingenergy contracts and transactions. Experience in regulatory proceedings addressing state or federal regulators,working with outside legal counsel and other regulatory stakeholders. Demonstrated ability to simultaneouslymanage several complex commercial and regulatory matters involving diverse disciplines. Outstanding oral andwritten communication skills. Track record of successful outcomes in negotiated transactions or regulatoryproceedings.


• Strong technical writing capabilities and the ability to communicate and persuade both orally and in writing.• Expert level contract negotiation ability.• Ability to handle multiple, complex activities, and prioritize the efforts of staff in a changing environment.• Knowledge of regulatory policies, concepts and principles, with a preference for experience with the Connecticutregulatory environment.• Leadership of cross-functional project teams.• Knowledge of settlement and accounting of energy transactions.

This opportunity will offerAVANGRID is an Equal Opportunity / Affirmative Action employer. AVANGRID shall abide by the requirements of41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualifiedindividuals based on their status as protected veterans or individuals with disabilities, and prohibit discriminationagainst all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin.Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action toemploy and advance in employment individuals without regard to race, color, religion, sex, sexual orientation,gender identity, or national origin, protected veteran status or any other status protected by federal, state, or locallaw. The Company is committed to a policy in all of its employment practices of equal opportunity without regard torace, color, religion, sex, sexual orientation, gender identity, or national origin, disability, religion, marital status,veteran status, sexual orientation, or other protected status.

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