Principal Consultant - Utility Cost of Service & Regulatory Finance Expert

Concentric Energy Advisors, Inc.

$204K — $285K *
Energy & Utilities
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required; MBA, Master's, or PhD preferred in Economics, Finance, Accounting, Engineering, or Math.
  • 15+ years of experience in utility regulation or consulting.
  • Expert witness experience in regulatory proceedings is essential.
  • Deep knowledge of cost allocation methodologies, ratemaking principles, and regulatory accounting required.
  • Strong analytical, writing, and presentation skills necessary.
  • Familiarity with regulatory environments across multiple jurisdictions is a plus.

Responsibilities

  • Lead and manage client projects, ensuring deadlines and budgets are met.
  • Conduct allocated cost of service studies for various utilities.
  • Perform lead-lag studies to assess cash working capital needs.
  • Analyze affiliate transaction rules and compliance for intercompany cost allocations.
  • Prepare and deliver expert witness testimony to regulatory commissions.
  • Collaborate with clients on regulatory strategy and support rate case filings.
  • Develop long-term relationships with clients to boost business development.
  • Mentor junior staff and aid in internal knowledge development.

Benefits

  • Hybrid work model with three days in-office and two days remote.
  • Opportunity to mentor and develop junior staff.
  • Engage with leading utility clients and impact regulatory strategies.
  • Access to ongoing training and professional development.
  • Participation in high-stakes regulatory proceedings and expert witness opportunities.
Full Job Description
Job Description:

We are seeking a highly experienced Principal Consultant - Utility Cost of Service & Regulatory Finance Expert to join our team at our headquarters in Marlborough, MA and provide our utility clients with expert level knowledge in cost of service and regulatory finance. This role is ideal for senior utility/energy executives and consulting professionals with at least 15 years of experience in utility regulatory work who are ready to take the next step in their consulting career. This individual will serve as a subject matter expert and expert witness in allocated cost of service studies, lead-lag analyses, cash working capital, and affiliate transaction rules. The ideal candidate will have a strong track record of regulatory testimony and deep expertise in utility finance and ratemaking principles.

*This is a hybrid role, with three days per week in-office and two days per week working remotely.*

Key Responsibilities:
  • Lead and manage client projects, responsible for hitting deadlines, staffing projects, managing project teams, staying on budget and providing service excellence in all client deliverables.
  • Lead and conduct allocated cost of service studies for electric, gas, and water utilities.
  • Perform lead-lag studies to determine cash working capital requirements.
  • Analyze and advise on affiliate transaction rules, intercompany cost allocations, and compliance.
  • Prepare and deliver expert witness testimony before state and federal regulatory commissions.
  • Collaborate with clients to develop regulatory strategy and support rate case filings.
  • Develop deep and long-standing relationships with utility clients, contributing to business development and revenue generation efforts.
  • Mentor junior staff and contribute to internal knowledge development.
  • Stay current on regulatory trends, commission rulings, and industry best practices.

Qualifications:
  • Bachelor's Degree required. An MBA, Master's Degree or PhD in Economics, Finance, Accounting, Engineering, Math or related field preferred.
  • 15+ years of experience in utility regulation or consulting.
  • Demonstrated experience as an expert witness in regulatory proceedings.
  • Deep knowledge of cost allocation methodologies, ratemaking principles, and regulatory accounting.
  • Strong analytical, writing, and presentation skills.
  • Familiarity with regulatory environments across multiple jurisdictions is a plus.

Preferred Skills:
  • Proficiency in modeling tools (Excel, SAS, Python, or similar).
  • Ability to communicate complex financial concepts to technical and non-technical audiences.
  • Strong client relationship and project management skills.

Additional Information:
  • Hours: Monday-Friday 9am - 5:30pm ET
  • Location: Marlborough, MA headquarters
  • Comprehensive Background Check Required
  • Base Salary: $204,500 - $285,000+ plus annual incentive compensation bonus


Interested candidates should apply with their resume. Writing samples, a summary of your expert witness experience or testimony samples may be requested to complete the application process.

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