The primary function of the CoServ Energy Supply Analyst is to obtain relevant data and perform various quantitative analyses that will support the wholesale power supply and gas supply activities of CoServ’s Energy Resources team. The analyst will play an important role in validating and evaluating CoServ’s wholesale power and gas supply costs, in addition to helping assess and implement business initiatives involving renewable energy, battery storage, demand response, and other distributed resources and new technologies. The analyst will be a key member of a small team that manages wholesale power supply for CoServ Electric and gas supply for CoServ Gas, with an annual portfolio value of several hundred million dollars.
This position will be ideal for someone who enjoys new challenges and finding creative ways to improve utility power and gas supply operations. The position requires both big picture thinking and focused analysis, and the successful candidate will have opportunities to engage in multiple aspects of utility strategy. CoServ understands that this position includes a wide range of skills and experience. We are seeking a candidate with excellent analytics and communication skills who is familiar with the energy industry. We are open to candidates who may not have all the experience desired but who are forward-thinking, resourceful, and strongly motivated to learn.
Primary Position Responsibilities
Analyzes market trends and pricing for natural gas and wholesale electricity.
This may involve compiling ERCOT market gross load, net load, outage, price, and related data and developing correlations between prices and market conditions.
Develops and improves various Excel and other reports that assess power/ gas market dynamics and quantify CoServ’s daily position comparing expected load or consumption to available supply.
Maintains detailed reports and records of CoServ’s wholesale power and natural gas supply transactions.
Reviews and validates ERCOT and counterparty invoices and settlement statements to ensure amounts are correct and match internal cost calculations.
Creates, maintains, and continually improves financial models and other tools to accurately monitor, report on, and forecast CoServ wholesale energy costs.
Prepares energy supply budgeting and performance reports and presentations; conducts presentations to CoServ’s leadership as required.
Works with CoServ Power Supply Advisors to analyze CoServ historical loads and develop power and gas supply load / consumption forecasts.
Provides analyses and recommendations for short and long-term energy purchases.
Works in a team environment and participates in daily Energy Resources operations.
Participates in daily strategy meetings and calls to decide on short-term transactions and other hedges to provide sufficient supply to match CoServ’s expected load.
Participates in the development of CoServ’s longer term energy supply strategy.
Secondary Position Responsibilities
Performs economic analyses to assess the viability of new business initiatives involving renewables, distributed resources, or other new technologies.
Conducts research and analysis to maintain knowledge of the ERCOT market.
Monitors CoServ practices and market outcomes and recommends opportunities for continuous improvement.
Collaborates with other teams and manages requests and projects involving various CoServ departments and outside resources.
Attends workshops and conferences as required to monitor and stay informed about industry developments and trends, new technologies, and other issues or decisions which might affect Company’s objectives and policies.
Complies with established CoServ safety and operating rules, procedures and guidelines including reporting unsafe practices to a supervisor.
Complies with established CoServ Information Security Handbook, policies, procedures, and guidelines including reporting suspected information security incidents to Tech Support.
Performs other duties and activities as assigned.
Education and Certifications Required
High School Diploma or G.E.D equivalency.
Associate’s or Bachelor’s Degree in business, math, science, or related field.
Demonstrated proficiency in computers, including Microsoft Excel.
Education and Certifications Preferred
Knowledge of energy industry, especially wholesale power and/or gas markets.
Knowledge of rate making concepts and calculations.
Five (5+) or more years of business experience including analytics, technology, engineering, product development, and/or business development.
Three (3+) or more years in the electric utility industry, including power generation, distribution, or related fields.
Experience in multiple aspects of utility operations including power supply, risk management, finance, rate making, engineering, etc.
Knowledge of cooperative philosophy, history, and objectives.
Skills and Abilities Required
Excellent problem-solving, quantitative, and qualitative analytical skills.
Advanced skills using Microsoft Office programs, including demonstrated proficiency with Excel.
Excellent communication and presentation skills, including ability to communicate in a clear, concise, and understandable manner and to listen attentively.
Ability to build relationships and work effectively with people at all levels of internal and external organizations.
High degree of analytical, organizational skills and attention to detail.
Ability to work with incomplete data or seemingly open-ended questions and translate into actionable assignments.
Skills and Abilities Preferred
Power BI or other data visualization skills.
Virtual Basic or other computer programming skills
Ability to overcome ambiguity and achieve goals despite changing business conditions and circumstances.
Ability to work in an indoor office environment.
Ability to travel occasionally for business and training.
CoServ is an electric and gas distribution company serving North Texas since 1937. Doing business as CoServ Electric since 1998, we now have over 9,800 miles of electric infrastructure serving more than 300,000 meters across Denton, Collin, Cooke, Grayson, Tarrant and Wise counties. Our natural gas affiliate, CoServ Gas, was established in 1998 and serves more than 125,000 gas meters in Denton, Collin and Kaufman counties.
North Texas is growing, and so is CoServ. We value innovative and dedicated Employees and are committed to providing them with a stable work environment filled with opportunities to learn and grow. Guided by our Core Values—Respect, Accountability, Integrity, Service, Excellence and Safety—we serve each other as we serve our Members and Customers. We offer a wide variety of careers—from Customer Care Representatives and Billing Clerks to Linemen and Engineers. CoServ is a company you can believe in.