RVP, Regulatory and Pricing - SPS

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.

Position Summary
Provide leadership on all aspects of regulatory strategy related to SPS revenue, cost recovery, and resource transition proceedings. Direct the development and execution of all such regulatory case filings in each assigned jurisdiction. Direct outreach efforts and activities that establish, maintain, and grow stakeholder relationships. Prepare supporting testimony and serve as an expert policy witness in regulatory proceedings.

Essential Responsibilities

• Provides strategic and executional direction to regulatory teams, ensuring timely, consistent, and successful rate cases and regulatory filings across all jurisdictions. Oversees schedules and discipline for regulatory filings to ensure on-time, coordinated submissions.
• Develop and effectively implement a regulatory strategy and program that maximizes cost recovery, minimizes leakage and lag, supports SPS strategi. Direct the development and execution of all such regulatory case filings in each assigned jurisdiction. Prepare supporting testimony and serve as an expert policy witness in regulatory proceedings.
• Establish and maintain effective relationship with key regulators and stakeholders. Develop and implement an intentional outreach program and oversee outreach efforts and activities in support of SPS revenue and cost recovery issues.
• Advise and consult with executive management to develop positions on energy and other public policy issues, develop appropriate regulatory strategies, and advance jurisdictional revenue and cost recovery goals. Keep executive management and internal stakeholders apprised of political, regulatory, and policy issues and trends, as well as progress and outcomes, financial impacts, and risks of ongoing regulatory efforts.
• Partners with Regulatory Policy, Finance, and Legal and applicable subject matter departments to ensure filings align with corporate financial goals, affordability commitments, operational requirements, and compliance obligations.
• Manage and supervise SPS regulatory staff assigned to revenue and cost recovery matters to ensure effective representation of SPS objectives. Create and maintain a professional work environment that encourages growth opportunities for SPS regulatory team.

Minimum Requirements

• BA/BS degree.
• A minimum of 10 years in the regulatory field required.
• Must possess expert knowledge in utility regulation, rate-case execution, and compliance practices, as well as expert knowledge of the utility industry.
• Strong understanding of financial principles, cost recovery mechanisms, and regulatory finance.
• Experience in regulatory portfolio management, including prioritizing and managing multiple concurrent rate cases, dockets, and compliance obligations across jurisdictions.
• Strong organizational, communication, leadership, and management skills are essential.
• Must be proactive, adept at working with regulators and executives and capable of making decisions in multiple fast-paced regulatory environments.

Preferred Requirements:

• Proficiency in regulatory and financial analytical modeling (e.g., revenue requirement models, cost-of-service studies, scenario analysis) to support case development and decision-making.

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-Bargaining

The anticipated starting base pay for this position is: $229,100.00 to $289,966.66 per year

This position is eligible for the following benefits: Annual Incentive Program, Long Term Incentive, 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: 02/08/26

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ACCESSIBILITY STATEMENT

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