Gas Resource Planning Analyst

Xcel Energy Services Inc; Denver (CO); Hybrid; USD 85,000 - 121,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Pension

401(k) plan

Job summary

Xcel Energy is seeking a gas supply modeling specialist to evaluate complex gas supply, transportation, and storage plans for its gas distribution and electric operations. The role involves modeling with Sendout and Plexos to optimize portfolio purchases and forecast needs.

You will develop long-range gas supply strategies, support regulatory filings and testimony, and assist in regulatory and litigation activities to protect shareholder value.

Qualifications

• BS degree in Economics, Finance, Mathematics, Engineering, or closely related field.
• Minimum 2 years in natural gas or electric industry, preferably in resource planning or modeling.
• Strong financial analysis, modeling, and regulatory filing capability.

Responsibilities

• Develop and maintain long-range gas supply models for XE's gas and electric operations.
• Use Sendout and Plexos for portfolio optimization and gas purchases planning.
• Prepare regulatory filings and defend costs with testimony.
• Support litigation and prepare financial models for settlements.

Skills

Financial analysis

Linear programming

Model development

Written communication

Attention to detail

Education

BS in Economics/Finance

Tools

Plexos

Sendout

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

Assist in the evaluation of complex gas supply, transportation, and storage service plans for both the gas distribution and electric generation gas supply portfolios. Model various supply alternatives to ensure portfolio optimization, support the negotiation of fuel supply related contracts, assist in the development of gas supply forecasts, develop corporate budget forecasts, and perform financial analysis of interstate and intrastate pipeline rate cases.

Essential Responsibilities

Develop/run/maintain long range, complex resource modeling for the gas supply portfolios for XE's gas and electric operations. Develop sophisticated resource models in Sendout and Plexos (portfolio optimization-linear or 'stochastic' program models) to determine the optimal gas purchases for each operating business unit. Collaborate with Gas Supply to develop and implement each season's gas purchase plan estimated at $2B/year of expenditures. Create Design Day forecast projecting peak gas requirements for gas distribution and electric generation business units. Ensure accuracy of modeling, which is critical to prevent loss of gas and electric service to customers. Use Design Day forecast to determine the variety and quantity of transportation and storage contracts held across 12 geographically dispersed pipeline systems as well as when to modify or purchase additional transportation and storage capacity, estimated at $200M per year of expenditures. Prepare and defend extensive regulatory filings to recover the costs related to the $2B annual gas fuel budget. Create filing schedule based on modeling efforts. Provide accurate information in support of XE's requests and written descriptions of Company practices/activities to regulators to obtain state commission approval for expended costs and avoid financial loss to shareholders. Contribute to written and verbal testimony to state commissions. Prepare financial analysis of interstate and intrastate pipeline rate cases to determine the tariff rates XE will pay after litigation or settlement of the pipeline case. Support the litigation and/or settlement of the pipeline case by preparing financial models and preparing written testimony for others. Prepare, implement, and maintain dynamic annual and long‑range gas supply plans for the gas distribution and electric generation operating units. Plan must optimize reliability and cost effectiveness of XE's $2B budget for gas supply, storage, and transportation. Evaluate market opportunities and perform analysis on proposed transactions.

Minimum Requirements

BS degree in Economics, Finance, Mathematics, Engineering, or closely related field. Equivalent work experience may be accepted in lieu of a degree. Minimum of 2 years of natural gas or electric industry experience, preferably in resource planning, design day modeling, or related areas of identifying, forecasting, and delivering energy resources. Knowledge of linear programming and model development required. Must have financial analysis skills to evaluate and compare service opportunities, written communication skills to prepare regulatory filings and testimony, and attention to detail to ensure accuracy of modeling.

Preferred Requirements

Knowledge of the natural gas industry and understanding of the various natural gas markets. Knowledge of Plexos. Master's degree. Database Management Skills.

Our culture

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 Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process.

Non-Bargaining

The anticipated starting base pay for this position is: $84,900.00 to $120,566.00 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: 10/19/26

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You. Us. Together.

At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We’re committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon-free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we’re building a better tomorrow.