Eligo Energy, LLC

Director of Off-Peak Power

Eligo Energy, LLC

full-time

Posted on:

Location Type: Remote

Location: Texas • United States

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Job Level

Lead

About the role

  • **Role Objective**
  • Off-Peak Power is a recent joint-venture between TerraFlow Energy and Eligo Energy. Off-Peak Power will operate regional load serving entities (starting with ERCOT) primarily for large industrial customers using TerraFlow Energy’s grid-scale batteries.
  • The Director of Off-Peak Power will lead the planning, regulatory approval, and operational build-out required for Off-Peak Power to become an active ERCOT Retail Electric Provider (REP) and Qualified Scheduling Entity (QSE).
  • The role begins with Option 2 REP / Level 2 QSE participation, followed by a structured upgrade to Option 1 REP with either an in-house or outsourced Level 4 QSE.
  • This position is responsible for coordinating internal resources, consultants, external vendors, regulators, and financial counterparties to achieve market readiness and compliance.
  • **Phase 1 – Strategic & Business Planning**
  • Enterprise Business Planning
  • - Develop near-term, mid-term, and long-term business plans and forecasts suitable for:
  • - Investors and capital planning
  • - ERCOT REP and QSE applications
  • - Credit counterparties and collateral providers
  • - Define load growth assumptions, revenue model, margin structure, and risk framework
  • - Align forecast assumptions with ERCOT credit and operational requirements
  • **Phase 2 – REP Certification & Regulatory Setup**
  • - Option 2 REP (Initial Market Entry)
  • - Establish legal entity
  • - Execute required applications and agreements
  • - Coordinate regulatory filings and approvals with ERCOT and the Texas PUC
  • - Option 1 REP (Upgrade Path)
  • - File amendment to REP certification type
  • - Establish and document Option 1 technical and managerial capability, including:
  • - Management industry experience
  • - Commodity and risk management experience
  • - Complete additional ERCOT testing or “flight tests” if required
  • - Satisfy Option 1 financial requirements
  • - Implement enhanced ERCOT reporting requirements
  • **Phase 3 – QSE Strategy & Activation**
  • - Level 4 QSE (In-House or Outsourced)
  • - Submit ERCOT QSE application
  • - Manage ERCOT administrative review
  • - Satisfy credit and financial qualification requirements
  • Provide sections from the Phase 1 business plan and operational forecast.
  • - Demonstrate technical and operational readiness:
  • - Scheduling systems
  • - Telemetry and settlement interfaces
  • - Backup control plans
  • - Complete operational testing and ancillary services qualification
  • - Secure ERCOT certification and final approval
  • **Phase 4 – Systems, Technology & Integration**
  • Market Systems & EDI
  • - Select, negotiate, and contract:
  • - Market systems vendor
  • - EDI provider
  • - Oversee implementation and integration
  • - Complete ERCOT systems testing and approval post-implementation
  • - Ensure readiness for settlements, invoicing, and data exchange
  • ** Phase 5 – Credit, Collateral & Financial Infrastructure**
  • ERCOT Credit & Collateral
  • - Prepare and submit ERCOT credit application (supported by business plan)
  • - Extract from business model: expected load, settlement exposure, and counterparty risk
  • - Post required financial security
  • - Complete ERCOT creditworthiness review
  • - Support ERCOT retail training and technical approvals
  • - External Credit Facilities
  • - Define and negotiate credit facility support (e.g., EDF or other counterparties)
  • - Evaluate use of third-party QSE services and bundled credit support
  • - Compare alternative credit providers
  • - Complete negotiation and legal contracting of credit facilities
  • **Phase 6 – Training, Readiness & Market Launch**
  • - Complete ERCOT retail and operational training
  • - Ensure compliance with:
  • - Retail market rules
  • - Texas transaction timelines
  • - Settlement and invoicing procedures
  • - Finalize go-live readiness for REP and QSE operations
  • **Phase 7 – Expansion & Future State Planning**
  • - Assess licensing and regulatory requirements in additional states (as needed)
  • - Develop roadmap for geographic and load expansion
  • - Support long-term optimization of risk, credit, and operational structure

Requirements

  • **Education**
  • - Bachelor’s degree in Engineering, Economics, Finance, Business, or a related field required
  • - Master’s degree (MBA, MS Engineering, Energy Economics, or similar) a plus
  • **Professional Experience**
  • - 5+ years of experience in TX competitive power markets.
  • - Demonstrated experience with Retail Electric Provider (REP), QSE operations, regulatory approvals, industrial or large commercial load, end-to-end market readiness.
  • - ERCOT & Regulatory Expertise
  • - Commercial, Financial & Risk Skills
  • - Systems & Operational Capabilities
  • - Leadership & Project Management
  • - Experience with battery storage, flexible load, or asset-backed retail structures is a plus.
Benefits
  • Standard company benefits including health and dental insurace, unlimted PTO, partially matched 401(k) plan, annual bonus and employee stock options.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Retail Electric Provider (REP)Qualified Scheduling Entity (QSE)regulatory approvalsbusiness planningrisk managementfinancial modelingmarket readinessoperational testingcredit applicationbattery storage
Soft Skills
leadershipproject managementcommunicationcoordinationnegotiationstrategic planningorganizational skillscollaborationanalytical skillsproblem-solving
Certifications
Bachelor’s degreeMaster’s degree (MBA, MS Engineering, Energy Economics)