Xcel Energy
Provides energy services across multiple states, focusing on clean, reliable, and affordable solutions.
Principal Rate Analyst
Lead regulatory cost studies, revenue analysis, and expert testimony for energy rates.
Job Highlights
About the Role
The role provides project supervision and regulatory and technical expertise for jurisdictional cost‑of‑service studies, revenue requirement determinations, fuel clause administration, and related projects across Xcel’s electric, gas, and thermal businesses. The incumbent also prepares and files expert testimony and may stand for cross‑examination before regulatory agencies. • Develop regulatory strategies and work plans to meet cost‑recovery objectives for electric, gas, and thermal rates. • Draft and file testimony, exhibits, and other regulatory applications. • Appear as an expert witness and support cross‑examination of contested issues. • Analyze intervener testimony and formulate responsive testimony. • Create revenue analysis plans for restructured environments and retail‑choice jurisdictions. • Coordinate data requests and auditing functions with interveners and commission staff during rate filings. • Provide technical information to commissions or departments when cases are not pending. • Collaborate with Information Services to enhance and maintain regulatory information systems. • Deliver technical assistance and training to department staff on rate regulation and reporting.
Key Responsibilities
- ▸regulatory strategy
- ▸testimony drafting
- ▸revenue analysis
- ▸data coordination
- ▸info systems
- ▸cost studies
What You Bring
• Bachelor’s degree in Business, Accounting, Economics, or related field, or equivalent experience. • Minimum five years of analyst experience with demonstrated knowledge of cost‑of‑service and revenue requirement procedures. • Proficiency with databases, analytical, and reporting tools. • Detailed understanding of company accounting, budgeting, and financial forecasting systems. • Ability to appear as an expert witness before regulatory bodies. • Willingness to travel frequently overnight and work extensive overtime. • Strong communication and analytical skills.
Requirements
- ▸bachelor's
- ▸5+ years
- ▸databases
- ▸accounting
- ▸expert witness
- ▸travel
Benefits
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? Xcel Energy offers a challenging workplace with opportunities to learn, grow, and contribute to a trusted energy provider. The anticipated base salary ranges from $97,600 to $138,600 per year, and the position includes an extensive benefits package covering health, retirement, paid time off, and various supplemental programs. • Annual Incentive Program. • Medical, pharmacy, dental, and vision plans. • Life insurance and dependent‑care reimbursement. • Health Savings Account (HSA) and limited‑purpose FSA. • Transportation reimbursement. • Short‑ and long‑term disability coverage. • Employee Assistance Program and fitness center reimbursement. • Tuition reimbursement and transit programs. • Employee recognition program. • Pension and 401(k) retirement plans. • Paid time off, holidays, volunteer PTO, and parental leave.
Work Environment
Office Full-Time