Job Details

Seniority level

Mid?Senior level

Employment type

Full?time

Job function

Project Management and Information Technology

Industries

Utilities

Position Summary

Develop, run, and maintain long?range resource planning models for Xcel Energys three operating companies. Prepare quantitative analyses for new generation resources, identifying system cost, environmental, and capital budget impacts for various generation alternatives. Provide long?range estimates of power generation costs and market purchases. Calculate revenue requirement streams for large capital investments. Apply stochastic analysis techniques to quantify the risk associated with particular generation alternatives.

Essential Responsibilities

• Develop, run, and maintain long?range resource planning models; ensure input assumptions are accurate and simulations function correctly.
• Produce comprehensive quantitative analyses for executives and regulatory filings, including energy production, emissions, and capital budget forecasts.
• Implement stochastic (Monte Carlo) simulations to assess cost variance under uncertainty for generation alternatives.
• Interface with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations, and other Xcel groups to incorporate short?term and long?range considerations into optimal resource plans.
• Ensure expansion plans and production cost models reflect current fuel costs, production capability, and contract terms.
• Research new quantitative optimization techniques for resource planning analysis.
• Maintain knowledge of emerging generation technologies for future inclusion in the companys portfolio.
• Follow developments in federal and state policies affecting the companys resource plan (eg, emission regulations and renewable energy standards).

Minimum Requirements Analyst I ($82,800 $117,600)

• Bachelors degree in engineering, finance, economics, operations research, mathematics, business; or two years of professional experience equivalent to one year of college.
• Two years of energy industry experience or equivalent experience with large optimization/forecasting models.

Minimum Requirements Analyst II ($95,200 $135,200)

• Bachelors degree in engineering, finance, economics, operations research, mathematics, business.
• Five or more years of related work experience.

Preferred Requirements

• Graduate work in finance, economics, operations research, or decision analysis.

About Xcel Energy

As a leading electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy?related products and services to 3.4?million electricity and 1.9?million natural gas customers across eight Western and Midwestern states. We strive to be the preferred and trusted provider of the energy our customers need.

EEO Statement

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Individuals with a disability who need an accommodation to apply please contact us at ...@xcelenergy.com.

Benefits

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA)
• Limited?Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short?term disability (STD)
• Long?term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

Deadline to Apply: 10/27/25

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

Accessibility Statement

Xcel Energy endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at ...@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.