Senior Rate Analyst/Principal Rate Analyst

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

This position may be filled at either the Sr. Rate Analyst or Principal Rate Analyst level, depending on the successful candidate’s background and years of experience.

Sr. Rate Analyst

Position Summary

To provide leadership and utilize expertise in the consolidation, documentation and presentation of the information necessary to develop and improve the process for specific components of jurisdictional cost of service studies, revenue requirement determinations, fuel clause adjustment administration and related projects ensuring consistency and accuracy of results.

- Provide information to Xcel's business units and regulatory management that will assist in the development and implementation of revenue analysis strategies that will meet cost recovery objectives to ensure electric, gas and thermal energy rates are competitive, profitable, and within regulatory guidelines. Analyze other companies' rate filings and results to increase expertise and keep abreast of regulatory matters.

- Consolidate, document, develop and audit specific components necessary to prepare jurisdictional cost of service studies, revenue requirement determinations, fuel clause filings and other related information and schedules. Develop and provide rate-related information and technical support necessary to support a wide variety of miscellaneous regulatory filings.

- Facilitate 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.

- Maintain effective communication between Revenue Analysis unit and other Xcel departments. Provide technical support to other departments concerning revenue analysis information and issues. Requires strong verbal and written communication skills. Must be able to present complex information to a highly diverse group of receivers.

- 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 particularly in the area of information management, processing and reporting, utilizing the latest information processing tools and technology.

- 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.

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

- Four years of analyst experience.

- Proficient at database and personal computer analytical and reporting tools.

- Periodic overnight travel required; requires extensive overtime.

The estimated starting salary range for the Sr. Rate Analyst is $84,900 - $120,567.

Principal Rate Analyst

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.

- 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.

The estimated starting salary range for the Principal Rate Analyst is $ 97,600 - $138,600 .

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.

Non-BargainingThe anticipated starting base pay for this position is: $84,900.00 to $138,600.00 per yearThis 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: 05/15/26

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

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 recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.