Xcel Energy

Senior Originator (Utility Markets)

Xcel Energy$167K — $236K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in engineering, business, economics, or related field (MBA preferred).
  • 8-10 years of equivalent experience in trading, marketing, or technical sales may substitute for a degree.
  • Minimum of 5 years of experience in the energy industry.
  • At least 3 years in power marketing, trading, or origination role.

Responsibilities

  • Generate profitable wholesale electric and renewable sales.
  • Identify customer needs and develop electric service agreement structures.
  • Develop long-term relationships with key counterparties.
  • Prepare and present power purchase proposals to customers.
  • Collaborate with trading desk to create customer-driven transactions.
  • Assist with wholesale account management and resource adequacy strategies.
  • Mentor less experienced originators and provide expertise in market transactions.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental and Vision coverage
  • Life Insurance
  • Health Savings Account
  • Tuition reimbursement
  • Paid time off (PTO) and Holidays
  • Parental Leave
Full Job Description
This role sits at the intersection of utility strategy, commercial origination, market analytics, and risk management. The primary focus is supporting the near-term and mid-term needs of Xcel Energy operating companies through creative market solutions, strategic transactions, and analytical problem solving. Success in the role requires working across commercial, planning, regulatory, operational, and market functions to develop practical solutions that support system reliability, resource adequacy, customer value, and utility objectives.

The position develops and executes market-based transactions involving capacity, energy, renewable products, and related commercial arrangements. The role maintains strong industry relationships, develops market intelligence, and helps identify opportunities to address evolving utility needs. The position also serves as a mentor and subject matter resource to less experienced team members.

Position Summary

Generates profitable wholesale sales, renewable sales, and services opportunities for Xcel Energy. Develops extensive professional electric industry contacts, bringing market intelligence back to the trading and marketing function. Maintains positive customer relationships with both purchasers and suppliers. Acts as a mentor for less experienced originators by utilizing experiences in dealing with customers and energy and renewable markets.

Essential Responsibilities
  • Develops and executes wholesale electric, capacity, renewable, and emission credit transactions that support utility objectives while creating commercial value. Identifies customer needs and develops different structures of electric services agreements. Uses electric industry experience in evaluating industry trends, company data, and the business environment to identify prospective mid-market and longer-term power origination opportunities. Develops positive long-term relationships with key counterparties. Prepares and presents power purchase/supply proposals to customers. Makes oral and written sales presentations to senior management of potential customers, as well as Xcel Energy's senior management.
  • Promotes sales of power and renewables to other utilities by building and maintaining positive customer relationships with existing customers. Uses network of industry contacts and relationships to bring back needed market intelligence. Works closely with the trading desk to develop structured transactions wanted by customers in the wholesale markets. Is responsible for understanding and using various pricing models and has a deep understanding of centralized electric market operations, including markets such as the Midwest ISO and the Southwest Power Pool. Understands various transmission tariffs and is able to acquire firm & non-firm transmission paths needed to support transactions. May be assigned to various renewable and/or emission credit markets.
  • Assists Wholesale Account management to fill any short-term needs to meet resource adequacy requirements for Xcel Energy Operating Companies. Develops, gains needed approvals, and implements wholesale sales strategies for Xcel Energy Operating Companies.
  • Plays a key part in helping to set corporate objectives and strategic direction. Utilizes industry knowledge, including relationships with key counterparties to support the Market Operations team in promoting Xcel Energy objectives in various industry forums. Provides technical market knowledge support to Purchased Power during the negotiation of long-term purchased power agreements.
  • Mentors other originators by utilizing past experiences with customers, energy markets, and/or transmission expertise. Is recognized within Xcel Energy as an expert in mid-term structured power transactions. May be called upon to provide testimony in regulatory proceedings.


Minimum Requirements:
  • Master's degree (preferably MBA) in engineering, business, economics or related field.
  • Eight to ten years of equivalent experiences in trading and marketing or technical sales may be substituted for a degree.
  • Minimum of 5 year's experience in the energy industry.
  • At least 3 year's experience in power marketing, trading, or origination role.


Preferred Qualifications:
  • Deep understanding of ISO/RTO market structures and rules, particularly MISO and SPP, including resource adequacy constructs, capacity accreditation frameworks, planning reserve requirements, and capacity procurement mechanisms.
  • Experience identifying and solving utility system needs through market-based transactions involving capacity, energy, renewable products, transmission rights, or other commercial structures.
  • Demonstrated ability to structure and negotiate transactions that balance commercial objectives, risk management considerations, regulatory obligations, and customer outcomes.
  • Strong understanding of regulated utility business models, including integrated resource planning, cost recovery mechanisms, regulatory oversight, and utility-serving obligations.
  • Experience working with resource planning, generation planning, regulatory affairs, risk management, or utility operations teams to develop solutions supporting near-term and long-term system requirements.
  • Knowledge of transmission systems, deliverability constraints, congestion risk, capacity accreditation concepts, and the interaction between market structures and utility reliability requirements.
  • Experience evaluating market opportunities, emerging risks, and evolving market design changes that affect utility operations, customer costs, and resource adequacy strategies.
  • Ability to translate complex market, commercial, and risk management concepts into practical recommendations for utility, regulatory, and executive audiences.
  • Strong commercial and analytical skills, including experience with structured transactions, market analytics, risk assessment, and decision-making under uncertainty.
  • Demonstrated success building productive relationships with counterparties, industry stakeholders, and internal cross-functional teams.
  • Experience supporting regulatory filings, stakeholder engagement, or industry forums related to wholesale markets, resource adequacy, market design, or utility strategy.
  • Demonstrated ability to influence outcomes through expertise, collaboration, and relationship-building in complex cross-functional environments.


Non-Bargaining

The anticipated starting base pay for this position is: $167,000.00 to $236,600.00 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: 09/08/26

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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