Director, Regulatory and Strategic Analysis

Northern States Power Co - MN; United States; Hybrid; USD 175,000 - 200,000; Full time

Benefits offered by this job

Annual Incentive Program

Long Term Incentive

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Job summary

Xcel Energy is seeking a Director, Regulatory and Strategic Analysis to shape regulatory excellence and drive rate case strategies across Minnesota, North Dakota, and South Dakota. You will lead a high-performing team, interact with regulators and stakeholders, and guide policy development to maximize allowed returns while delivering safe, affordable energy.

The role requires senior leadership experience, policy expertise, and strong communication skills, with a hybrid work model and frequent

Qualifications

• BA/BS in a field related to energy, regulation, or policy.
• 10+ years in energy industry with 3–5 years in regulatory roles.

Responsibilities

• Identify regulatory and legislative impacts on corporate positions.
• Develop regulatory policies and strategic actions for state jurisdictions.
• Lead preparation of testimony, comments, and briefing materials.

Skills

Stakeholder engagement

Oral and written communication

Regulatory strategy

Project leadership

Education

BA/BS in relevant field

Job description

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy. Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Position Summary

We are seeking a talented and experienced Director, Regulatory and Strategic Analysis to shape regulatory operational excellence and lead the development and execution of rate case strategies and filings across Minnesota, North Dakota, and South Dakota. In this high-impact senior leadership role, you will serve as a trusted liaison to state commissions, regulatory staff, intervenors, and internal business units—advising executives and advancing regulatory outcomes that support the company’s operational and financial objectives. You will drive cross-functional alignment by leading a high-performing project management team to ensure the seamless execution of complex utility rate case submissions. Your leadership will help secure fair recovery of prudently incurred costs while ensuring that the company’s rate requests advance safe, reliable, affordable, and sustainable electric and natural gas service for the communities we serve. You will also establish consistent, high-quality, and continuously improving processes across the department, providing strategic oversight of regulatory operations, performance, and continuous improvement. Your leadership will directly impact how we power our communities today and innovate for tomorrow. Determines policy and strategic directions for regulatory and legislative matters regarding competitive, regulatory, environmental and structural issues in the state jurisdiction. Works with Xcel Leadership to develop regulatory/legislative policies and strategies supporting strategic goals in regulated and commercial environments. Consults with legislative, regulatory and subject matter experts to establish policies/strategies in multiple jurisdictions. Prepares, files and delivers testimony before regulatory and legislative bodies. Lead teams in the development and preparation of strategic regulatory initiatives. Provides technical regulatory expertise and oversees the development and presentation of cost recovery mechanisms maximizing the opportunity to earn allowed returns.

Essential Responsibilities

• Identify impacts of regulatory and legislative initiatives (regulated, competitive, environmental, structural) on corporate positions from a regional, state-specific and national perspective.
• Provide strategic decisions on regulatory and regulatory based legislative actions to be taken in state jurisdiction.
• Develop alternatives to the point where they are taken to executive management for final decision-making.
• Represent Xcel as a witness at legislative hearings as needed.
• Work directly with senior management to develop and promote regulatory and legislative policy positions.
• Maintain oversight of regulatory rulemaking activities and direct preparation of written and oral comments.
• Continuously interact with regulators, stakeholders and internal company experts to identify and proactively pursue results that reflect Xcel's regulatory and legislative policies and strategies regarding matters such as development and cost recovery of utility infrastructure and other utility business.
• Advocate Xcel's position with regulators and stakeholders in a variety of forums.
• Communicate (orally and in writing) regularly with executive management and internal experts to ensure awareness of the impact of strategies and positions on Xcel's operations.
• Ensure, to the extent possible, consistency in policies and positions in each of Xcel's state jurisdictions and the federal jurisdiction.
• Prepare, oversee the preparation of, and provide supporting testimony as required.
• Directs preparation of written comments, testimony, position papers and briefing material on regulatory and legislative policy matters.
• Serve as project manager for developing and implementing policy initiatives.
• Other duties as assigned.

Minimum Requirements

• BA/BS in areas of responsibility with at least ten (10) years experience in the energy industry with 3-5 years of that time in a regulatory role.
• Knowledge of utility industry and issues and the legislative process required.
• Ability to work well with a wide variety of stakeholders.
• Excellent oral and written communication skills.

Preferred Requirements

• Experience with rate case development

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: $175,000.00 to $200,000.00 per year

This position is eligible for the following benefits:

Benefits

• Annual Incentive Program
• Long Term Incentive
• 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

Benefits 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.

Deadline to Apply: 10/05/26

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