Xcel Energy

Principal Rate Analyst

Xcel Energy$100K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting, Economics, or related field, or equivalent experience
  • Strong understanding of Company accounting, budgeting, and financial forecasting systems
  • Proficient in database and analytical/reporting tools
  • Minimum five years of analyst experience
  • Knowledge of the Company's cost of service and revenue requirement procedures
  • Ability to testify as an expert witness
  • Willingness to travel overnight and work extensive overtime

Responsibilities

  • Develop regulatory strategies and work plans for competitive energy rates
  • Prepare and present expert testimony for regulatory applications
  • Formulate strategies for revenue analysis in evolving market conditions
  • Coordinate data request responses and auditing during rate filings
  • Collaborate with IT to enhance regulatory information systems
  • Provide technical assistance to team for rate regulation and revenue requirements

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental and Vision Insurance
  • Life Insurance
  • Tuition Reimbursement
  • Employee Assistance Program (EAP)
  • Paid Time Off (PTO) including Volunteer Paid Time Off (VPTO)
Full Job Description
Position Summary

To provide project supervision as well as regulatory and technical expertise for jurisdictional cost of service studies, revenue requirement determinations, fuel clause administration, and related projects for the Company's electric, gas and thermal energy businesses for various state and Federal regulatory jurisdictions and agencies. Prepare and file expert testimony and stand cross-examination on contested issues before regulatory agencies.

Essential Responsibilities
  • Work with Xcel's business units and regulatory management to develop regulatory strategies and work plans that will meet cost recovery objectives to ensure electric, gas and thermal energy rates that are competitive, profitable, and within regulatory guidelines. This includes the analysis of other companies as well as alternative regulatory approaches
  • Develop strategies, draft testimony and/or exhibits to support assigned regulatory applications. Appear as an expert witness on behalf of the company. Analyze intervener testimony to formulate responsive testimony and assist with cross-examination strategies.
  • Develop plans to ensure effective revenue analysis strategies are made in a restructured environment. Develop proposals to achieve Xcel's objectives in jurisdictions implementing retail choice.
  • Coordinate interveners and Commission staff data request responses and auditing functions on technical issues during general rate filings and other filed petitions, and assist in support required during the hearing process. Also, provide information to Commission/Department when cases are not pending as a Company spokesperson on technical issues.
  • Work directly with Information Services to assist in the development, enhancement and maintenance of the area's various information systems to meet the regulatory information needs of the Company and improve the information process.
  • Provide technical assistance to department employees to increase their knowledge and efficiency in the areas of rate regulation and revenue requirements, information management, processing and reporting.
  • Other duties as assigned.


Minimum Requirements

- College degree in Business, Accounting, Economics or related field, or equivalent work experience.

- Demonstrated knowledge of Company accounting, budgeting and financial forecasting procedures and systems.

- Ability to appear as an expert witness.

- Demonstrated detailed knowledge of the Company's cost of service and revenue requirement procedures.

- Minimum of five years of analyst experience.

- Must be proficient at database and personal computer analytical and reporting tools.

- Frequent overnight travel required; extensive overtime.

Preferred Requirements:

- Previous utility rate analyst experience.

Non-Bargaining

The anticipated starting base pay for this position is: $100,000.00 to $130,000.00 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: 06/18/26

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/ 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 [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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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