Ibadan Electricity Distribution Company (IBEDC) is recruiting for fulltime Lead, Utilities Economics.
Ibadan Electricity Distribution Company (IBEDC) Plc - Headquartered in Ibadan is responsible for electricity distribution within the south western zone (Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states).
We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.
We are recruiting to fill the vacant position below:
Job Title: Lead, Utilities Economics
Location: Ibadan, Oyo Specialization: Social Sciences, Engineering or any relevant field
To ensure full compliance of IBEDC with all industry regulations governing permits, rates and pricing
Assists in developing policies, strategies and plans for the Function to ensure full regulatory compliance
Oversees and monitors the process for energy pricing and tariff rate and systems reliability
Participates in regulatory agency meetings and public meetings/hearings that pertains to permits, rates and pricing
Prepares internal report for IBEDC management (highlight findings, implications and key recommendations)
Monitors and ensures compliance with all applicable utility commission rules, regulations and orders as it pertains to rates, pricing and system reliability
Develops and implements long-term rate strategy and plans, including rate design, adjustment mechanisms and tariff provisions to prevent earnings erosion
Liaises constantly with relevant Functions (Legal , Finance and Accounts, etc.) and BUs across IBEDC on regulatory related matters as it pertains to rates and pricing
Min Required Experience:
Qualifications and Requirements
Strong understanding of the business of IBEDC and related businesses in the electricity sector • Strong Knowledge of Utilities Industry
Deep understanding and knowledge of regulatory stipulations vis-à-vis rates and permits
Deep understanding of the laws and regulations governing the power industry
Strong financial and business acumen financial analysis and reporting skills