Xcel Energy

Asset Performance Management Engineer (staff, Senior or Principal)

Xcel Energy$81K — $156K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering from an ABET accredited program, electrical engineering preferred.
  • 2+ years of relevant engineering experience for Staff Engineer; 5+ for Senior Engineer; 9+ for Principal Engineer.
  • Strong technical understanding of engineering principles and concepts.
  • EIT/FE certification is strongly preferred; PE registration may be required for higher levels.
  • Familiarity with electrical equipment and reliability engineering principles is preferred.

Responsibilities

  • Optimize equipment operation and maintenance strategies to enhance energy generation efficiency.
  • Develop and implement condition monitoring programs for proactive maintenance.
  • Lead the integration of advanced analytics into maintenance practices for improved decision-making.
  • Provide ongoing technical support for project activities across Operations and Maintenance.
  • Collaborate with cross-functional teams to ensure compliance with regulatory standards.
  • Mentor junior engineers and support their professional development.
  • Manage project budgets and perform financial analyses related to engineering projects.

Benefits

  • Annual Incentive Program
  • Comprehensive Medical/Pharmacy, Dental, and Vision plans
  • Health Savings and Flexible Spending Accounts
  • 401(k) retirement plan with pension benefits
  • Tuition reimbursement for professional development
  • Paid time off including holidays and parental leave
  • Employee Assistance and Wellness programs.
Full Job Description
The job summary below and responsibilities reflect the staff engineer level role. The successfully chosen candidate will be placed at a level that is commensurate with their skills and experience as different skills and/or experience will be required at the senior and principal engineer levels.

About This Role

An Asset Performance Management engineer within Energy Supply at Xcel is responsible for optimizing and continuously improving the operation and maintenance approaches of the equipment in power generation facilities across the company. Technical expertise and data analytics will be used within the team to improve existing equipment maintenance strategies and drive fleet business decisions to improve reliability while minimizing the cost to produce energy. This includes the development and implementation of an effective condition monitoring program to enable condition-based maintenance. The team is also responsible for providing timely and accurate prioritization of corrective action to mitigate operational and financial risk across the generation portfolio.

Position Summary
Under general direction, demonstrates complete understanding & wide application of engineering technical principle, theories, & concepts in the field. Independently determines & develops approaches to solutions. Receives technical guidance on complex problems; completed work reviewed for adequacy in meeting objectives. May lead small-medium non-critical projects or critical projects under direction of higher level engineer/supervisor. May provide work direction to other professionals &/or staff. Represents the organization in providing solutions to difficult technical issues associated with specific projects. Frequent inter-organizational & outside customer contact. Demonstrates a broad knowledge & proficiency of precedents in the specialty area, a good knowledge of related specialties, & general knowledge of other related disciplines.

Essential Responsibilities
  • Uses & applies technical standards, principles, theories, concepts, & techniques to perform activities/assignments that may include a variety of complex features such as conflicting design requirements, unsuitability of conventional materials or methods & difficult coordination requirements.
  • Supports the development of technical documentation (including but not limited to designs, testing, calculations, reports, standards, etc.) Utilizes & may assist with the development of procedures requiring a broad knowledge & proficiency in a specialty area & has a general knowledge of related disciplines.
  • Works under the general direction of a higher-level engineer or supervisor for routine engineering projects. Provide ongoing technical support for project activities within areas such as Operations, Maintenance, testing/diagnostics & Regulatory. May provide field engineering oversight &/or direction for activities such as commissioning, testing, inspections, etc.
  • May lead small-medium, non-critical projects. Coordinate/leads critical projects or portions of projects (including phases such as research, design, equipment selection, procurement support, installation & commissioning), under the direction of a higher-level engineer or supervisor. Work reviewed upon completion for adequacy in meeting objectives.
  • Under the direction of a higher-level engineer/supervisor supports bid/evaluation processes including preparation of bid documents, completion of technical evaluations for proposals; provide recommendations for selection, etc. Partners & communicates with areas such as Supply Chain & Legal following appropriate processes.
  • Frequently exchanges information in all formats, on matters having a wide range of importance & complexity both inter-organizationally & with outside customers.
  • May assign tasks & coordinate work of interns, drafters, technicians, craft personnel &/or others. Provide guidance & mentoring to less experienced engineers. Responsible for continuous self-development of technical skills & competencies.
  • Performs activities such as budgeting, estimating, forecasting, accounting, work order management, in support of engineering projects.

Role Responsibilities
  • Provide engineering expertise and key reliability engineering principles to lead the transformation in equipment maintenance across Energy Supply. Required to present analytical results and improvement recommendations.
  • Develop long-term asset maintenance strategies for systems and components by maximizing the use of technology and integrating the outputs of advanced analytics.
  • Develops and deploys Condition Based Maintenance (CBM) strategies and technologies. Integrates equipment monitoring results, component, system, and financial analytical results with equipment technical expertise into Asset Performance Management software to optimize and automate changes in equipment maintenance work practices. Accountable for CBM program effectiveness.
  • Leads the consolidation and integration of equipment monitoring results, component, system, and financial analytical results to develop new and/or improve existing equipment practices, procedures, and programs to optimize equipment performance.


Staff Engineer Level (Salary Range: $81,000 -106,267)

Minimum Requirements
  • Bachelor's degree in engineering from ABET accredited, electrical engineering degree preferred.
  • 2+year's relevant engineering experience. Demonstrated broad knowledge & proficiency in specialty area, knowledge of related specialties, & general knowledge of other related disciplines.
  • Ability to demonstrate the unique technical skills & core competencies for this engineering level established & documented by the organization.
  • EIT/FE (Engineer in Training/Fundamentals of Engineering) strongly preferred.


Senior Engineer Level (Salary Range: $97,000-$129,267)

Minimum Requirements
  • Bachelor's degree in engineering from ABET accredited, electrical engineering degree preferred.
  • 5+ years relevant engineering experience with EIT/FE (Engineer in Training/Fundamentals of Engineering) required; 7+ years relevant engineering experience without EIT/FE.
  • Ability to demonstrate the unique technical skills and core competencies for this engineering level established & documented by the organization.
  • Preferred PE (Professional Engineer) registration may be required depending on business need.


Principal Engineer (Salary Range: $112,000-$156,600)

Minimum Requirements
  • Bachelor's degree in engineering from ABET accredited, electrical engineering degree preferred.
  • 9+ years relevant engineering experience with PE (Professional Engineer) registration required; 15+ years relevant engineering experience without PE.
  • Ability to demonstrate the unique technical skills and core competencies for this engineering level established & documented by the organization.


Preferred Requirements
  • Engineering experience with electrical equipment such as transformers, induction motors, medium voltage breakers, relays, batteries and other industrial electrical components
  • Experience or certification in key condition monitoring technologies (vibration analysis, infrared thermography, lubrication, motor testing, ultrasound, etc.)
  • Certification or knowledge of key reliability engineering principles (Root Cause Analysis, Lifecyle Cost Analysis, Failure Modes and Effects Analysis, Reliability Centered Maintenance, Mean Time Between Failure, Spare Parts Analysis, etc.)


Non-Bargaining

The anticipated starting base pay for this position is: $81,000.00 to $156,600.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), 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 (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 09/03/26

About Xcel Energy

Xcel Energy Careers

Join the dynamic team at Xcel Energy, where innovation meets expertise in the pursuit of sustainable energy solutions. As a leading energy company, Xcel Energy offers unparalleled job opportunities that empower professionals to advance their careers while contributing to environmental stewardship.

Work You’ll Do

At Xcel Energy, you’ll collaborate with skilled professionals dedicated to pioneering advancements in the energy sector. Our team is at the forefront of developing sustainable energy technologies that revolutionize how people consume energy. By joining us, you will be part of a culture that values diversity, leadership, and professional growth.

Innovate and Lead

Step into a role where your skills will directly enhance our capabilities in delivering reliable and sustainable energy. Xcel Energy is a hub for innovation, where your ideas can lead to groundbreaking solutions that shape the future of energy. Our leadership is committed to fostering an environment where creativity and strategic thinking are at the core of our operations.

Career Development

Xcel Energy is deeply invested in the professional development of its team members. With a variety of career paths available, from engineering to customer service, your journey with us is filled with endless possibilities. We support your growth with robust training programs, leadership development opportunities, and diversity training that prepare you for success.

Join Our Team

Explore the numerous employment opportunities at Xcel Energy, from entry-level positions to senior roles. We are hiring individuals who are passionate about making a difference and ready to contribute their expertise to our mission of delivering safe, clean, and reliable energy.

Internship Programs

Kickstart your career with an internship at Xcel Energy. Our internships provide hands-on experience in real-world projects that matter. You’ll gain invaluable insights into the energy sector while developing essential skills that will enhance your resume and increase your marketability.

Benefits and Culture

Xcel Energy is not just about work; we care about our employees' well-being. We offer competitive benefits, including health care, retirement plans, and wellness programs, designed to keep you at your best. Our inclusive culture encourages collaboration and offers networking opportunities that foster connections and professional growth.

Stay Connected

Keep up to date with the latest at Xcel Energy: - **Search Xcel Energy Jobs**: Find positions that match your skills and interests. We look for driven, curious, and innovative team players. - **Read Careers Blog**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Xcel Energy. Join Xcel Energy today and be part of a team that is dedicated to building a sustainable future. Your career at Xcel Energy is not just a job; it’s an opportunity to excel in an environment that appreciates your contribution and supports your professional growth.
Learn more about Xcel Energy
Size
11,321 employees
Market Cap
$38.6 billion
Industry
Net Income
$1.4 billion
Founded
2000
5 Year Trend
+3.9%
Revenue
$11.5 billion
NASDAQ

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