Principal Asset Consultant

Xcel Energy Inc; Denver (CO); Hybrid; USD 112,000 - 159,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

401(k) plan

Paid time off

Holidays

Parental Leave

Tuition reimbursement

Transit programs

Job summary

Xcel Energy seeks a Senior Asset Analyst in Denver to lead strategic and economic analyses for optimizing electric and gas assets, delivering insights to executives and stakeholders. You will model, evaluate investments, and help align portfolio strategy with regulatory and policy goals.

Collaborate with Operations, Regulatory, and Corporate Development to quantify risk and maximize asset value. Strong financial modeling and communication skills are essential, along with the ability to work

Qualifications

• Bachelor's degree in business, finance, mathematics, economics, or accounting, or Engineering or technical degree acceptable with advanced degree in finance or related field.
• 8 years of financial modeling experience in a utility or similar industry.
• Strong business/financial acumen with ability to communicate complex concepts clearly in writing and presentations.
• Detail-oriented, self-starter, able to work independently and in groups.
• Must effectively manage workload to meet deadlines.

Responsibilities

• Create, execute, and lead strategic and economic analyses for investment, operational and market strategy across regional portfolios.
• Interface with Operations, Regulatory, and executive leadership to quantify risk and increase asset value.
• Provide project management support for strategic initiatives and regulatory testimony/discovery responses.
• Support cost modeling tools with accurate asset data for Company-wide analyses and improve production cost modeling.

Skills

Financial modeling

Strong communication

Detail oriented

Independent worker

Education

Bachelor's degree in business/finance/economics/engineering or similar

Job description

Xcel Energy(NASDAQ:XEL)is a leading energy providerand Fortune 500company,dedicated toserving millionsofelectricity andnaturalgascustomersacross eight states:Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota,New mexicoand Texas.We make energy work better forourcustomers, helping them thrive every day. That means always raising the bar-delivering better service and providing more reliable, resilient,and sustainable energy.

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

Lead the development of effective strategies for the optimization of Xcel Energy's electric and gas assets. Analyzes, models, develops, and presents operational opportunities and financial perspectives for Xcel Energy's electric and gas assets to create value for our customers and shareholders.

Essential Responsibilities

• Create, execute, and lead strategic and economic analyses that generate recommendations on investment, operational and market strategy, and strategic growth for the regional portfolios. Develop strategy and asset analysis that supports Xcel Energy's long-term planning and is aligned with company, regulatory, and public policy goals. Provide analyses and strategies that identify opportunities to increase revenue streams, create new revenue streams, deliver cost reduction strategies, or mitigate risks for Xcel Energy’s assets. Develop asset life-cycle analyses as well as new/emerging technology analytics. Work in cross-functional teams to integrate innovation into the regional portfolio of assets. Leverage asset economic models to determine the Company value of plant investments for operation’s businesses (Generation, Transmission, Distribution, Gas, Chilled Water, Thermal, etc.)
• Serve as a strategic advisor to Operations, Regulatory, and Xcel Energy executive leadership on financial and operational characteristics of Xcel Energy’s assets and strategies. Interface with Operations, Commercial Operations, Resource Planning, Finance, Corporate Development, Regulatory, and others to quantify the risk profile and identify strategies to increase the value of the electric and gas portfolio. Provide industry perspective and make recommendations which impact the strategic direction taken with the capital investment portfolio.
• Provide project management support for strategic initiatives related to the Xcel Energy asset portfolio, providing financial and operational impacts to the equipment, fleet and Company basis. Develop and provide discovery responses and/or written testimony in support of regulatory proceedings.
• Support various cost modeling tools by providing accurate asset data and analysis for utilization in modeling tools to ensure electric and gas assets are correctly evaluated and represented in Company-wide analysis. Drive change through continuously improving production cost modeling and asset market offers.
• Mentor and guide Sr. Asset Analyst(s). Serve as a resource for various organizations in the areas of modeling, decision analysis, regulatory issues, industry acumen, and system knowledge. Is responsible for the most difficult analytical assignments.

Minimum Requirements

• Bachelor's degree in business, finance, mathematics, economics, or accounting, or Engineering or technical degree acceptable with advanced degree in finance or related field.
• 8 years of financial modeling experience in a utility or similar industry.
• Strong business/financial acumen paired with an ability to communicate complex concepts in succinct, clear manner in written formats and presentations.
• Detail-oriented, self-starter with the ability to work independently and in groups.
• Must effectively manage workload to meet deadlines.

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 jobapplicantsreasonable accommodations for disabilitiesthroughout the application process. If youare in need ofanaccommodationto complete the application process, now or at any time in the future,

Non-Bargaining

The anticipated starting base pay for this position is: $112,200.00 to $159,400.00 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: 10/27/26

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Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.