Job Title
American Electric Power (On-site)
Compensation
Base Salary: approximately $137K - $177K
In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.
Job Description
Manage resources necessary to identify, solicit via request for proposals (RFP) and pursue generation asset investment opportunities including analysis, due diligence, screening and the direct negotiation / execution of definitive asset and power purchase agreements.
An extremely important component of this work stream is the management of team members, including other Company-wide subject matter experts and 3rd Party consultants, in pursuit of successful transactions.
Lead or support complex high value ($10 M - $500 M) contract negotiations associated with adding new generation resources.
Duties also include responsibility for the negotiation of Power Purchase Agreements. Working within the outline of the IRP and ongoing management goals, develop and structure associated Request for Proposals (RFP).
Manage the RFP process, including development of RFP content and format of the operating company's RFP web page, managing the Q&A process, receipt of proposals, processing of proposals, distribution of proposal data to internal subject matter experts for due diligence, summarizing of proposal data, and implementation of quality control processes.
Support the OPCO regulatory approval process for related generation transactions, including acting as a subject matter expert (SME) by providing written and/or oral testimony and participating in hearings, as required.
Facilitate communication and issue resolution between AEP's corporate departments, external parties and project operations managers. Participate in the development of each of the regulated operating company's Integrated Resource Plans (IRP) by providing necessary information to support AEP's regulated generation transformation goals and regulatory approval of same.
Promote a cooperative working environment with an emphasis on safety, good utility practice, and innovation.
Consult and provide input to key stakeholders regarding due diligence, analysis, strategic decisions and regulatory matters. Prepare and/or assist in the preparation of internal and external presentations.
Promote a cooperative working environment with an emphasis on safety, culture, good utility practice and innovation.
What We're Looking For
Education: Bachelor's degree in Business, Economics, Engineering, or a relevant field. Graduate degree a plus.
Experience: Seven (7) years' experience with an electric utility or energy marketing firm with at least two years' experience in a commercial role.
Other Requirements:
Knowledge and proficiency in Microsoft Office (Word, Excel, Outlook, Power Point).
Strong organizational, time management, and accounting skills.
Proficient in discounted cash flow modeling and the ability to clearly articulate impacts of risks.
Ability to communicate in effective, concise, and persuasive ways.
Ability to work professionally with customers, contractors, and development partners.
Ability to travel as needed to engage in development opportunities.
Who We Are
At AEP, we're more than just an energy company — we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!
Compensation Grade: SP20-010
Compensation Range: $136,539.00 - $177,503.00
The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently.
It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law.