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 reflects the duties of the Resource Planning Analyst II; or Sr Resource Planning Analyst. Levels will differ as more 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.

Resource Planning Analyst II Minimum Requirements

Bachelors degree in engineering, finance, economics, operations research, mathematics, business. Five or more years related work experience. Graduate work in finance, economics, operations research or decision analysis preferred.

Sr Resource Planning Analyst Minimum Requirements

Bachelor's degree in engineering, mathematics, economics or quantitative analysis.  At least ten 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.

The anticipated starting base pay for this position is: $90,000 to $150,000 per year

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



Pay and benefit packages may vary based on position. Some employees are under collective bargaining agreements, which determine the benefits they will receive. If the information conflicts with the terms of the written plan documents governing the plan, the plan document will control. 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.

Anticipated Last Date to Apply: 03/07/24

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Application Instructions

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