Model Analyst
About the Role
EIP is seeking a Model Analyst based in Chicago to conduct regression analysis and quantify energy savings for strategic energy management (SEM) programs serving ComEd, PECO, and NYSEG markets. The analyst will build and maintain facility-level energy use models that account for production, weather, occupancy, and other relevant drivers, then use those models to assess changes in performance over time. Working with engineers, SEM coaches, program managers, and customer teams, the Model Analyst will gather and validate data, select appropriate model variables and time periods, establish baselines, calculate normalized savings, and prepare documentation that supports program reporting and technical review. The role requires careful statistical analysis and the judgment to distinguish meaningful operational improvements from data issues or changes in facility activity. The ideal candidate can explain modeling assumptions and results clearly to technical and nontechnical colleagues, manage recurring analyses for multiple facilities, and adapt methods to each utility program's measurement and verification requirements.
Responsibilities
- Assemble Analysis Data: Collect and organize utility bills, interval meter data, production records, weather data, operating schedules, occupancy, and other drivers relevant to each facility.
- Validate Data Quality: Check units, time stamps, meter coverage, missing periods, duplicate records, outliers, and changes in operations; document corrections and unresolved limitations.
- Develop Regression Models: Select appropriate baseline periods and independent variables; build and test facility-level models using suitable statistical tools and program-approved methods.
- Evaluate Model Performance: Review residuals, explanatory power, bias, error metrics, and the plausibility of coefficients; investigate poor model fit and avoid unsupported savings conclusions.
- Calculate SEM Savings: Compare observed reporting-period energy use with modeled baseline consumption adjusted to reporting-period conditions; document formulas, inputs,