Economic Development Manager Jobs in Ohio (NOW HIRING)

Job Posting End Date

08-22-2026

Please note the job posting will close on the day before the posting end date.

Job Summary

Grid Solutions organization is responsible for planning and deploying 80% of the corporation's capital investment over the next five years ($30B of total AEP budget of $37B). This role is responsible for managing processes and team members associated with the acquisition and development of generation and storage components of the Integrated Resource Plan. Other responsibilities include supporting the development and execution of operating company strategies and asset investment opportunities. Provides AEP Regulated Operating Companies and their customers with value added asset solutions utilizing renewables, storage, natural gas and emerging technologies. Enhance company value through implementing processes, managing processes associated with multi-disciplinary groups (i.e. engineering, projects, regulatory, legal, accounting, tax, finance, commercial operations, innovation and technology) in meeting strategic requirements and goals. Drive execution of AEP's regulated generation transformation plan.

Job Description

WHAT YOU'LL DO

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 mattersPrepare 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.

WHAT YOU'LL GET

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.

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!

AMERICAN ELECTRIC POWER (on-site)

$137K - $177K / Year

#AEPCareers

#LI-ONSITE

Compensation Data

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 (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

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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. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.