Xcel Energy

Portfolio Manager - Power Purchase

Xcel Energy • $97K — $138K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering, business, economics, finance, or equivalent experience.
  • Minimum 2 years in the energy industry with a focus on contract or asset management.
  • Experience in negotiating and administering contracts related to power procurement.
  • Strong interpersonal, analytical, organizational, and communication skills.
  • Familiarity with system operations, regulatory affairs, or contract law is advantageous.

Responsibilities

  • Support negotiation of long-term power purchase agreements and model contracts.
  • Manage compliance with long-term contract terms and conditions.
  • Ensure effective collaboration among multi-disciplinary teams for project coordination.
  • Develop strong relationships with internal teams and independent power producers (IPPs).
  • Identify and resolve contract issues to enhance purchase value and optionality.
  • Facilitate timely approval of contracts through internal processes.
  • Assist with regulatory filings and provide detailed contract information as needed.

Benefits

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

Negotiate and administer long-term power purchase agreements and associated legal documents between Xcel Energy and independent power producers (IPPs), to meet customer needs, minimize cost, and optimize the power supply portfolio.

Essential Responsibilities

  • Under the guidance of the Power Purchase (PP) leadership, support the negotiation of long-term power purchase agreements and development of new model contracts. Work with legal counsel to independently negotiate associated documents including, but not limited to, amendments, financing documents, and metering & billing agreements. Work closely with legal counsel and PP leadership to maximize risk mitigation and supplier performance.
  • Manage and monitor long-term contract terms and conditions to ensure counterparty compliance. Provide performance governance for facilities in the IPP portfolio across the operating companies.
  • Demonstrates effective contract management and ensures effective collaboration of multi-disciplinary teams needed to coordinate the activities between the company and power project developers to ensure facilities come on-line as planned and provide the service contracted for.
  • Maintain frequent contact and strong internal business relationships across the Company. Develop a solid professional working relationship with the Company's IPPs. Identify and develop effective solutions to contract issues - identify ways to improve purchase value and optionality. Resolve basic party disputes.
  • Initiate and receive timely approval of contracts and related documents through internal approval processes, including contract development, approval, and delegation committees and executive approval. Support Regulatory filings and internal/external data requests by thoroughly understanding and providing contract and transaction details as needed and drafting testimony and answering intervener interrogatories for management review.


Minimum Requirements

  • Bachelor's degree in engineering, business, economics, finance, or similar, or otherwise equivalent experience.
  • Minimum 2 years experience in energy industry including significant experience working on contract or asset management and other detailed technical power generation matters, working on legislative and/or regulatory issues related to power procurement, and negotiating and administering contracts.
  • Strong interpersonal, analytical, organizational, and communication skills.
  • Previous experience in system operations, regulatory affairs, contract law or system planning is a plus.


Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Values

Connected, Committed, Trustworthy, Safe

Our Employee Commitments
  • Work that makes a difference
  • A team you can count of
  • Opportunities to grow
  • Rewards that help you thrive


Non-Bargaining

The anticipated starting base pay for this position is: $97,600.00 to $138,600.00 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: 10/15/26

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

Similar Jobs

More Jobs at Xcel Energy

More Energy & Utilities Jobs

Find similar Portfolio Manager - Power Purchase jobs: