Resource Planning Analyst I or II or Senior

Xcel Energy Services Inc; Missouri; Hybrid; USD 85,000 - 159,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

PTO

Job summary

Xcel Energy is seeking a Resource Planning Analyst to analyze, develop and implement resource expansion plans for electric system growth across its states. You will model expansion options, interact with regulators and customers, and help optimize portfolios using production-cost analyses.

The role spans Analyst I–Senior levels with responsibilities scaling by experience; strong modeling and forecasting skills are essential.

Qualifications

• Bachelor’s degree in engineering, finance, economics, operations research, mathematics or business.
• Five or more years of utility experience or experience with large optimization/forecasting models.
• Experience with expansion or production planning and modeling is preferred.

Responsibilities

• Develop comprehensive plans to add capacity and energy resources cost-effectively.
• Interface with regulators, customers, and power suppliers to obtain consensus and approvals.
• Plan and perform expansion plan and production-cost modeling for optimal portfolios.
• Design and execute solicitations for long-term capacity and energy resources.

Skills

Energy industry experience

Forecasting models

Optimization methods

Education

Bachelor's degree in engineering

Bachelor's degree in finance

Bachelor's degree in economics

Bachelor's degree in operations research

Bachelor's degree in mathematics

Bachelor's degree in business

Tools

Optimization/Forecasting software

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. 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.

Analyst II ($97,600 - $138,600) Bachelors degree in engineering, finance, economics, operations research, mathematics, business. Five or more years related work experience.

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.

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. 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.

Non-Bargaining The anticipated starting base pay for this position is: $84,900.00 to $159,400.00 per year The position is eligible for the following benefits:

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Flexible Spending Account
• Health Care Flexible Spending 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

Deadline to Apply: 10/26/26 EEO is the Law (PDF) | Equal Opportunity Statement (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 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.

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.