Resource Planning Analyst I or II or Senior

Xcel Energy Inc

Amarillo (TX)

On-site

USD 85,000 - 159,000

Full time

2 days ago
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Benefits offered by this job

Annual Incentive Program
Pension
401(k) plan

Job summary

Xcel Energy Inc is seeking qualified candidates for Resource Planning Analyst I/II/Senior Analyst roles. The position focuses on analyzing, developing and implementing resource expansion plans to meet electric system growth while complying with state requirements and resource bidding processes.

Responsibilities include modeling expansion plans, interfacing with regulators, and coordinating with Forecasting and Trading teams to ensure optimal portfolios.

Qualifications

  • Bachelor's degree in engineering, finance, economics, operations research, mathematics, business (two years professional experience related experience equivalent to one year of college).
  • Two years of energy industry experience or equivalent experience working with large optimization / forecasting models.
  • Bachelor's degree in engineering, finance, economics, operations research, mathematics, business.
  • Five or more years related work experience.
  • Bachelor's degree in engineering, mathematics, economics or quantitative analysis.
  • At least eight years utility experience in work functions such as plant engineering or operations, forecasting, rates, load research, or similar function that provides candidate with understanding of generation planning and system modeling techniques.
  • At least three years modeling experience with expansion or production simulation models.
  • Extensive system knowledge of at least one of the larger Xcel Energy utilities.

Responsibilities

  • Develop comprehensive plans to obtain or add new capacity and energy resources in the most cost effective manner.
  • Interface with regulators, intervenors, customers, and power suppliers to obtain consensus and regulatory approval of optimal resource plans.
  • Plan and perform expansion plan and production cost economic modeling of alternative supply plans.
  • Interface and work with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations and other Xcel groups to incorporate long-range considerations into the plans.
  • In conjunction with Risk Management, ensure that expansion plan and production cost modeling reflects current fuel costs and operating costs.
  • Design and execute solicitations for new long term capacity and energy resources and evaluate offers for contract negotiation.

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.

The below job summary and responsibilities reflect the duties of the Resource Planning Analyst II, Resource Planning Analyst I and Senior will differ as more or less skills and/or experience will be required. The successful candidate will be placed at a level that is commensurate with the candidate's skills and experience.

Position Summary

Analyze, develop and implement resource expansion plans to meet electric system growth requirements for the Xcel operating utility companies, all within the resource bidding / integrated resource planning requirements of each state.

Essential Responsibilities
  • Develop comprehensive plans to obtain or add new capacity and energy resources in the most cost effective manner. Such plans and processes must be developed for each company and state, within resource planning / acquisition rules that govern the expansion of the system / addition of new generation and/or purchased power resources.

  • Interface with regulators, intervenors, including political and special interest groups, customers, and power suppliers to obtain consensus, support, and/or regulatory approval of optimal resource plans. This includes filing of testimony, negotiations and presentations.

  • Plan and perform expansion plan and production cost economic modeling of alternative supply plans and resources to develop optimal portfolios, incorporating consideration of various scenarios and risks (e.g. fuel prices, electric market prices, reliability criteria, environmental requirements, technology development scenarios, etc.)

  • Interface and work with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations and other Xcel groups to incorporate short-term and long-range considerations into the optimal resource plans, including transmission constraints, growth forecasts, fuel and electricity market price risks, etc.

  • In conjunction with Risk Management, ensure that the expansion plan and production cost modeling of the utility power systems is accurate and current in terms of fuel costs, production capability (heat rates, capacity, starting and variable operating cost, etc.), contract terms (scheduling flexibility, constraints, availability, etc.).

  • Design and execute solicitations for new long term capacity and energy resources. Evaluate offers using financial, economic, environmental and other criteria using expansion and production cost models, decision analysis and other quantitative tools. Recommend best offers that meet need and criteria to senior executives for contract negotiation and execution.

Minimum Requirements - Analyst I ($84,900 - $120,566)
  • Bachelor's degree in engineering, finance, economics, operations research, mathematics, business (two years professional experience related experience equivalent to one year of college).

  • Two years of energy industry experience or equivalent experience working with large optimization / forecasting models.

Minimum Requirements - Analyst II ($97,600 - $138,600)
  • Bachelors degree in engineering, finance, economics, operations research, mathematics, business.

  • Five or more years related work experience.

Minimum Requirements - Senior Analyst ($112,200 - $159,400)
  • Bachelor's degree in engineering, mathematics, economics or quantitative analysis.

  • At least eight years utility experience in work functions such as plant engineering or operations, forecasting, rates, load research, or similar function that provides candidate with understanding of generation planning and system modeling techniques.

  • At least three years modeling experience with expansion or production simulation models.

  • Extensive system knowledge of at least one of the larger Xcel Energy utilities.

Preferred Requirements
  • Graduate work in finance, economics, operations research or decision analysis.

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 $159,400.00 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: 09/22/26

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.

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