Xcel Energy

Associate Portfolio Manager - Power Purchase

Xcel Energy$84K — $120K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering, business, economics, finance or similar.
  • Experience in energy industry preferred, particularly in procurement, energy trading, or contract administration.
  • Strong interpersonal, analytical, organizational, and communication skills required.
  • Previous experience in system operations, regulatory affairs, or contract law is a plus.

Responsibilities

  • Negotiate power purchase agreements (PPAs) under guidance to mitigate risks.
  • Administer all aspects of PPAs including billing, payments, and compliance monitoring.
  • Analyze contracts and prepare summaries focused on financial and business risks.
  • Apply knowledge of contract negotiation principles with support from senior team members.
  • Coordinate with other departments to review new contracts and ensure proper approval processes.
  • Act as the primary point of contact for contractual matters on assigned contracts.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental, Vision, Life Insurance
  • Tuition reimbursement
  • Paid time off (PTO)
  • 401(k) plan
  • Employee Assistance Program (EAP)
Full Job Description
Position Summary

Under the general supervision of a Power Purchase (PP) team members and/or PP leadership: coordinate, negotiate and manage power purchase agreements (PPA's) to minimize Company's costs and to optimize the power supply portfolio; Demonstrate basic power purchase contract management knowledge and skills; Provide assistance PP team members in negotiation and administration of long-term PPA's and associated documents; utilize knowledge and experience to meet regulatory requirements in each jurisdiction associated with resource planning, regulatory reviews, rate cases and approval of PPA's and in the administration of PPA's.

Essential Responsibilities

  • In accordance with applicable company practices and policies, negotiate PPAs, guidance and assistance from other PP team members and legal counsel to ensure effective risk mitigation. Negotiate contracts and contract changes commensurate with experience and demonstrated competence under the guidance of a higher level PP Consultants or PP leadership.
  • Administer and manage all aspects of PPA's. Ensure proper calculation/verification and distribution of billing and payments, security deposits, insurance, notifications, outage scheduling and maintenance periods, and performance monitoring, including various ancillary contractual documents and obligations.
  • Analyze proposals and contracts and prepare summaries based on analysis, with attention to the financial and business risks of the proposed effort; participate in team meetings; prepare and analyze terms, conditions, and assumptions. Review complex pricing proposals and contracts for accuracy and consistency. Identify opportunities to develop and implement creative solutions to contract issues and disputes.
  • Utilize and apply increasing knowledge level of contract negotiation and administration principles, practices, and techniques. Research contract language and seek guidance on complex terms and conditions from PP team members or PP leadership.
  • Coordinate with other Company departments as applicable to ensure that appropriate Company reviews are conducted of new contracts, issues, disputes, and other matters and that required applicable approval signatures are obtained before execution of contractual documents.
  • Act as the primary Company point of contact for all contractual matters on assigned contracts. Draft, prepare, and execute certain internal and external correspondence on contractual matters.


Minimum Requirements

  • Bachelor's degree in engineering, business, economics, finance or similar.
  • Experience in energy industry including procurement, energy trading, energy dispatch/scheduling, transaction origination, working on regulatory issues, or negotiating and administering contracts preferred.
  • Strong interpersonal, analytical, organizational, and communication skills required.
  • Previous experience in system operations, regulatory affairs, contract law or system planning is a plus.


Non-Bargaining

The anticipated starting base pay for this position is: $84,900.00 to $120,566.66 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: 10/04/26

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.

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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