Principal Rate Analyst

Xcel Energy; Denver (CO); On-site; USD 98,000 - 139,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

401(k) plan

Paid time off (PTO)

Holidays

Tuition reimbursement

Transit programs

EAP

Fitness Center Reimbursement

Job summary

Xcel Energy is seeking a Principal Rate Analyst in Denver to deliver regulatory and technical expertise for jurisdictional cost of service studies, revenue requirements, and fuel clause administration across electric, gas and thermal energy businesses. You will prepare testimony and stand cross-examination before agencies.

The role entails developing regulatory strategies, coordinating data requests, and working with informational systems to support regulatory filings.

Qualifications

• 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.

Responsibilities

• Develop regulatory strategies and work plans to meet cost recovery objectives and keep rates competitive within regulatory guidelines.
• Draft testimony and exhibits; appear as an expert witness; respond to intervener testimony and assist with cross-examination.
• Create plans for revenue analysis in a restructured environment and proposals for rate objectives in jurisdictions with retail choice.
• Coordinate data requests and auditing during filings and hearings; support the Company spokesperson on technical issues.
• Collaborate with Information Services to enhance information systems for regulatory needs and improve processes.
• Provide technical training to increase knowledge of rate regulation and revenue requirements.

Skills

Regulatory analysis

Expert testimony

Regulatory strategy

Data requests coordination

Cross-functional collaboration

Education

Bachelor's degree in Business, Economics, Accounting or related field

Tools

Excel

Database tools

Job description

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.

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.

Essential Responsibilities

• 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.
• Occasional overnight travel and overtime in peak times.

Preferred Requirements

• Demonstrated advanced level of cost of service and rate making and/or rate analysis.
• Any Regulatory Utility or Energy Industry experience.

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.

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 [e-mail].

Non-Bargaining

The anticipated starting base pay for this position is: $97,600.00 to $138,600.00 per year

• 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: 08/31/26

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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 [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.