Jimmy Wilkins, Cpa Email & Phone Number

Raleigh, North Carolina, United States

Promoted from Director to Vice President. Manage and lead two teams with a total staff of seven with one team focused on near-term (next hour through 3 months) portfolio resource optimization and commodity risk management and the other team focused on long-term (3 months through 15 years) portfolio optimization, commodity risk management, compliance with NC’s renewable portfolio standard (RPS), and integrated resource plan. Additional focus areas include contract negotiation and risk management, deal structuring, commodity risk management hedging strategies, development of planning scenarios to achieve “net zero” by 2030, advancement of residential and utility scale demand response programs, special economic rate design and development to attract new loads while balancing risk, assisting our cooperatives to achieve their cost and community goals, PJM Reliability Pricing Model (RPM) resource bidding, supporting greenfield development of solar plus storage and stand-alone storage, lead the acquisition of three utility scale solar facilities which included tax advantage financing, development of a fifteen year plan to serve the top 10% of our load through DR/DER and Advanced Time of Use Rates (ATOU), and assist in developing innovative wholesale rate offerings including renewables to our members. Regular presenter at the company’s Risk Management Committee, Power Supply Committee, and Board of Directors meetings communicating complex industry issues.Key Achievements: Lead development of our fifteen year DR/DER plan focusing on self-serving the top 10% of load Lead development and started executing a plan to achieve a 50% reduction in CO2 as compared to 2005 by 2030 and achieve “net zero” by 2050 Lead development and launch of our Connect to Save (CTS) energy services marketplace delivering professionally installed smart thermostats and water heater controllers at low to no cost to our members

Raleigh, North Carolina, United States

Managed two business units - one business unit was focused on near-term portfolio management and optimization while the other one was focused on long-term resource planning and optimization. Responsible for portfolio optimization and commodity risk management next hour out to 15 years. Supported acquisition and negotiation of fully constructed utility-scale solar sites as well as assisting with tax-advantaged financing. Aided in the development of Risk Management Policies and Board Policies. Regularly presented strategy, industry updates, portfolio position updates, and transaction approvals to our Power Supply Committee, Executive Committee, Risk Management Committee, and Board of Directors.

Raleigh, North Carolina, United States

Managed a staff of three to develop an annual fifteen year power supply production cost forecasts including the associated integrated resource plans. Assisted with financial analysis and development of demand response programs. Lead commodity risk hedge plan development, strategy, and execution. Regular presenter at the company’s Risk Management Committee, Power Supply Committee, and Board of Directors meetings communicating complex industry issues. Negotiated several long-term natural gas and power agreements. Represented the company on several national committees focused on key industry issues such as renewable generation, hydro power, and futuristic resource planning initiatives. Maintained and expanded key supplier relationships to ensure liquidity for future power and natural gas transactions.Key Achievements: Lead initiative to hedge natural gas exposure for ten years Conducted a long-term power supply RFP locking in favorable pricing for our membership Developed cost benefit models to de-mystify complex demand response programs to incent member adoption

Raleigh, North Carolina, United States

Managed a staff of three to provide analytical support and commodity hedging strategies for a $1 billion plus power supply portfolio. Lead daily and monthly power trading and power supply optimization efforts. Lead negotiations of physical natural gas & power and financial natural gas & power master agreements and related transactions. Lead PJM congestion hedging strategies and related transactions.Key Achievements: Implemented forward sales of power strategies including natural gas and basis exposure Augmented monthly reporting to focus on commodity exposures, highlighting the effectiveness of hedging strategies Developed financial power hedging strategy, reviewed it with our internal RMC, and gained approval to use the product as part of our commodity risk management strategy

Supported renewable compliance through market research, technology pricing trends, and project financial analysis. Prepared renewable energy certificate (REC) position reports for each regulated utility and ensure adherence to corporate risk management policies. Prepared detailed forecasts of renewable contracts for use in fuel filings and integrated resource plans. Assisted in developing a strategy to meet NC’s Renewable Portfolio Standard (RPS) animal waste carve out through detailed financial modeling and market research. Assisted with interrogatories related to various renewable filings with the state public utility commissions and interveners. Assisted with preparation of retail and wholesale REPs rider filing with the NCUC. Assisted with retiring RECs in various systems to comply with NC’s RPS.Key Achievements: Created consolidated solar reporting package across all regulated legal entities utilizing Microsoft Access and Excel Created financial analysis models to evaluate solar, wind, and swine waste to energy projects

Lead a cross functional team of project managers, IT staff, outside consultants, legal staff, regulatory accountants and internal business subject matter experts to develop the business processes, generation optimization modeling, and reporting required to implement the joint dispatch of generating assets of Duke Energy and Progress Energy. Ensured process adhered to FERC and NCUC regulatory requirements. Developed management reporting to monitor actual vs forecasted joint dispatch performance using Qlikview, Microsoft Excel and Access, VBA Macros, and Oracle SQL. Performed scenario analysis of forecasted joint dispatch savings to assess the impact of changes in commodity prices.Key Achievements: Assisted in the creation of the joint dispatch process that enabled the creation of the largest regulated utility in the United States of America Delivered process and reporting required to account for the joint dispatch agreement while ensuring GAAP, Sarbanes-Oxley, and FERC/NCUC regulatory compliance

Provided generation costing analysis and support to regulated power, natural gas, oil, and emissions traders. Continually streamlined processes and reporting to reduce cycle time and increase the accuracy of the generation optimization process. Provided backup support coverage for the near term Portfolio Management desk; this function optimizes the commitment and scheduling of the regulated system portfolio (generating units, purchased power, fuels, load management, and risk management alternatives) and provided energy price forecasts to hourly and next day energy traders. Acted in an advisory role by performing mid-term optimization of utility generation and purchased power resources for load obligations and energy trading using Gentrader and various Microsoft Office tools and VBA to facilitate retail fuel rate filings, outage scheduling and cost analysis, risk assessments, scenario analysis, and management reporting. Advised origination on contract structure to maximize ratepayer and shareholder value.Key Achievements: Implemented block pricing tool for power trading market engagement Assisted in reducing unit commitment planning process cycle time by 50% using lean approaches Created process to compile, verify, rank, and ensure execution of financially sound business cases related to power purchase and sale opportunities

Lead a cross functional team of twelve to implement Fuelworx, a coal and oil inventory management and accounting system for the regulated generation fleet (over $2 billion in annual throughput). Key contributor to streamlining coal and oil procurement business processes across three organizations. Developed and delivered functional specs for required interfaces and custom reporting. Developed and executed detailed testing plan. Trained over two hundred users across three states. Developed / modified policies and procedures to ensure Sarbanes-Oxley and GAAP compliance.Key Achievements: Reduced custom reports old system to new system by 75% Streamlined coal and oil procurement business processes across three organizations Delivered a Sarbanes-Oxley compliant end to end coal and oil inventory management system

Developed ten year profit (revenue in excess of $1 billion annually) and power plant construction capital forecasts (in excess of $5 billion over the ten year period) for the regulated wholesale power sales and marketing organization which included wholesale power sales to municipalities, cooperatives, and excess generation sales on the open power market. Assisted with preparation of its business plan. Compiled periodic financial reporting packages for senior management that included risk assessments and scenario analysis of the balance of year projection and ten year forecast. Key Achievements: Developed end to end process for forecasting profitability by contract based on expected and scenarios of system fuel costs and load forecasts using Microsoft Excel and VBA Macros Established forecast review process involving multiple departments

Closed and prepared monthly financial statements in accordance with GAAP (revenues in excess of $1 billion) and ad hoc reports for the Regulated Wholesale Power Sales and Marketing Organization. Performed monthly account reconciliations and monitored general ledger transactions. Prepared annual O&M budgets and reviewed with management to identify cost saving opportunities. Assisted in the creation of processes to assess and rank generation projects in the pipeline. Performed risk assessment and scenario analysis of signed projects. Worked in collaboration with division controller to ensure accuracy and integrity of financial information in support of overall business objectives. Assisted in the annual review of FAS 133 and lease accounting testing.Key Achievements: Established monthly management reporting package including KPIs  Developed projecting and budgeting process using Microsoft Excel and Access.

Duties included development and team lead of internal corporate IT budget (over $100 million annually), which involved supporting IT project managers to determine internal client specific job costing, standard rate development, total project cost development, chargeback rate determination of shared services to internal clients for servers, email accounts, PCs, etc., development of Microsoft Excel and Access based tool and templates to facilitate budget development, long term planning of projects and expected cost/benefits, internal client communication, formal presentations to IT project managers and senior management, and cost improvement analysis. Additionally, developed and presented monthly budget to actual variance for IT projects and overhead.Key Achievements: Established monthly management reporting package including KPIs and project performance reporting Developed O&M and project cost projecting and budgeting process using Microsoft Excel and Access

Duties included basic financial statement audit of public and non-public clients, planning of audits, review of financial statements for accuracy and completeness, G/L analysis, preparation of correcting journal entries, and financial statement preparation.Key Achievements: Won regional intern business development competition

Master Of Science, Accounting

Bachelor Of Science, Accounting

Activities and Societies: Alpha Gamma Rho Fraternity