Rates and Regulatory Analyst Senior at Allete in Superior, WI | USD80,000-100,000 | Kablio

Role

Description

financial modeling

rate applications

forecasting

rorb calculations

cost analysis

regulatory compliance

Develop and maintain detailed financial models to support business planning, forecasting, and decision-making processes.
Develop and review data necessary to submit, support and complete rate applications and reports before regulatory authorities.
This position will report regularly in person to Superior, WI.
Provide strategic direction around forecasting and scheduling utility nominations for the electric and gas distribution systems and customers.
Perform return on rate base (RORB) calculations to evaluate the profitability and regulatory compliance of investments.
Provide detailed evaluations of projects considering various aspects such as statistical data, strategic goals of the company, competition, and the political/social climate.
Provide recommendations based on financial model insights to optimize investment decisions and improve return on rate base performance.
Help lead the analysis and interpretation of cost records to compute the costs of product or services (electric, gas, water, etc.), including cost recovery pricing and establishing a reasonable return.
Oversee the development and maintenance of firm and interruptible supply contracts and agreements to ensure the successful transfer of electric and gas supply across relevant distribution systems.
Ensure compliance with all laws and regulations within the electric, gas, and water utilities while maintaining effective working relationships with internal and external stakeholders.
Track and monitor regulation and policy to determine the impact to the Company and to identify priority compliance issues.

Requirements

cost design

communication

bachelor’s

8+ years

regulatory

Preferred experience in cost of service and rate design
Requires excellent oral & written communication skills to build & maintain positive working relationships.
Bachelor’s Degree required.
Eight years or more regulatory or utility sector experience required.
This position may be subject to assessment of skills, job match and/or aptitude.

Benefits

Life Insurance, Disability & Voluntary Benefits
Professional Development Opportunities
Paid Time Off
Health Savings Account & Flexible Spending Accounts
Tuition Reimbursement
Retirement Benefits
Compensation Incentive Program
The expected annual compensation range for this position is $80,000 - $100,000. Compensation offered to the selected candidate will vary depending on relevant knowledge, skills, training, experience, and market conditions.
Medical, Dental & Vision Plan

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

employer will not sponsor visas for this position.

Security clearance

Information not given or found

Company

Overview

Committed to delivering innovative, sustainable energy solutions.
Focus on clean energy projects, such as wind and solar power generation.
Utilize cutting-edge technologies to construct and maintain reliable energy infrastructure.
Leading the transformation of the energy sector with renewable solutions.
Notable projects include large-scale solar installations and wind farm developments.
Dedicated to enhancing the environment with cleaner, renewable energy alternatives.

Culture + Values

Safety – prioritizing the safety of employees, customers and the public through continuous training and audits
Integrity – ethical conduct, transparency and accountability guided by a robust code of conduct
Customer Focus – delivering reliable, affordable and sustainable energy solutions with strong customer satisfaction
Environmental Stewardship – commitment to renewable energy, energy efficiency and responsible environmental practices
Community Support – charitable giving, volunteerism and economic development initiatives in local communities

Environment + Sustainability

100% Carbon-Free by 2050

Net-Zero Electricity Target

Aiming to generate all electricity from carbon-free sources by 2050.

70% Renewable by 2030

Renewable Energy Expansion

Commitment to achieving 70% renewable energy generation by 2030.

$600M Invested in Wind

Wind Energy Investment

Significant investment to expand wind energy capacity and reduce carbon emissions.

50% Renewable Now

Current Renewable Achievement

Already achieving 50% renewable energy generation through existing portfolio.

Expanding clean-energy portfolio with wind and solar additions.
Coal-free generation by 2035, with an 80% carbon emissions reduction by the same year.
ALLETE Clean Energy operates across seven states with additional capacity under development.
Added distributed solar pipeline through strategic acquisitions.
Combined Scope 1 and 2 emissions in 2024 totaled ~43.8 M kg CO₂e.

Inclusion & Diversity

Encourages a more diverse workforce by nurturing individual skills, talents, and perspectives.
Supports diverse businesses through procurement and contracting initiatives.
Aligns Minnesota Power Foundation grants with social needs including education, income inequality, food insecurity, social justice, and the opportunity gap.

Articles

Role

Description

financial modeling

rate applications

forecasting

rorb calculations

cost analysis

regulatory compliance

Develop and maintain detailed financial models to support business planning, forecasting, and decision-making processes.
Develop and review data necessary to submit, support and complete rate applications and reports before regulatory authorities.
This position will report regularly in person to Superior, WI.
Provide strategic direction around forecasting and scheduling utility nominations for the electric and gas distribution systems and customers.
Perform return on rate base (RORB) calculations to evaluate the profitability and regulatory compliance of investments.
Provide detailed evaluations of projects considering various aspects such as statistical data, strategic goals of the company, competition, and the political/social climate.
Provide recommendations based on financial model insights to optimize investment decisions and improve return on rate base performance.
Help lead the analysis and interpretation of cost records to compute the costs of product or services (electric, gas, water, etc.), including cost recovery pricing and establishing a reasonable return.
Oversee the development and maintenance of firm and interruptible supply contracts and agreements to ensure the successful transfer of electric and gas supply across relevant distribution systems.
Ensure compliance with all laws and regulations within the electric, gas, and water utilities while maintaining effective working relationships with internal and external stakeholders.
Track and monitor regulation and policy to determine the impact to the Company and to identify priority compliance issues.

Requirements

cost design

communication

bachelor’s

8+ years

regulatory

Preferred experience in cost of service and rate design
Requires excellent oral & written communication skills to build & maintain positive working relationships.
Bachelor’s Degree required.
Eight years or more regulatory or utility sector experience required.
This position may be subject to assessment of skills, job match and/or aptitude.

Benefits

Life Insurance, Disability & Voluntary Benefits
Professional Development Opportunities
Paid Time Off
Health Savings Account & Flexible Spending Accounts
Tuition Reimbursement
Retirement Benefits
Compensation Incentive Program
The expected annual compensation range for this position is $80,000 - $100,000. Compensation offered to the selected candidate will vary depending on relevant knowledge, skills, training, experience, and market conditions.
Medical, Dental & Vision Plan

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

employer will not sponsor visas for this position.

Security clearance

Information not given or found

Company

Overview

Committed to delivering innovative, sustainable energy solutions.
Focus on clean energy projects, such as wind and solar power generation.
Utilize cutting-edge technologies to construct and maintain reliable energy infrastructure.
Leading the transformation of the energy sector with renewable solutions.
Notable projects include large-scale solar installations and wind farm developments.
Dedicated to enhancing the environment with cleaner, renewable energy alternatives.

Culture + Values

Safety – prioritizing the safety of employees, customers and the public through continuous training and audits
Integrity – ethical conduct, transparency and accountability guided by a robust code of conduct
Customer Focus – delivering reliable, affordable and sustainable energy solutions with strong customer satisfaction
Environmental Stewardship – commitment to renewable energy, energy efficiency and responsible environmental practices
Community Support – charitable giving, volunteerism and economic development initiatives in local communities

Environment + Sustainability

100% Carbon-Free by 2050

Net-Zero Electricity Target

Aiming to generate all electricity from carbon-free sources by 2050.

70% Renewable by 2030

Renewable Energy Expansion

Commitment to achieving 70% renewable energy generation by 2030.

$600M Invested in Wind

Wind Energy Investment

Significant investment to expand wind energy capacity and reduce carbon emissions.

50% Renewable Now

Current Renewable Achievement

Already achieving 50% renewable energy generation through existing portfolio.

Expanding clean-energy portfolio with wind and solar additions.
Coal-free generation by 2035, with an 80% carbon emissions reduction by the same year.
ALLETE Clean Energy operates across seven states with additional capacity under development.
Added distributed solar pipeline through strategic acquisitions.
Combined Scope 1 and 2 emissions in 2024 totaled ~43.8 M kg CO₂e.

Inclusion & Diversity

Encourages a more diverse workforce by nurturing individual skills, talents, and perspectives.
Supports diverse businesses through procurement and contracting initiatives.
Aligns Minnesota Power Foundation grants with social needs including education, income inequality, food insecurity, social justice, and the opportunity gap.

Articles