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.

　　This position is posted as a hierarchy at the Associate Generation Model Analyst or Generation Model Analyst level. Successful candidate will be hired at the level that is commensurate with their skills and experience.

　　Position Summary

　　Prepare and perform budget to meet corporate requirements. Prepare and perform risk management analyses of trading activities. Prepare probability studies of Xcel Energy's portfolio risks. Prepare transaction cost information necessary to perform mark to market and risk determinations.

　　Essential Responsibilities

　　Responsible for the maintenance of all necessary data needed to prepare cost forecasts and resource analyses. Ensure power systems are accurately modeled in terms of fuel costs, production capability (heat rates, capacity, O&M, etc.) and contract terms.

　　Work on developing production budget by incorporating multiple inputs such as forced outage rates, fuel costs, heat rates, capacity upgrades, demand side management, capacity purchases, native demand and energy forecast, future RFP deals, native and non-native transactions, etc.

　　Prepare periodic forecasts of portfolio costs, incremental and decremental costs, for seasonal analyses by working closely with Analysts from other business units.

　　Perform probability analyses of portfolio risks. Independently prepare reports and trading recommendations using forecasts of portfolio costs.

　　Review transactions independently from XCEL's Energy Markets to ensure compliance with Risk Management policies.

　　Minimum Requirements

　　Associate Generation Modeling Analyst ($81,000 - $115,867)

　　Bachelor's of Science or Bachelor of Arts degree in engineering, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience (two years professional related experience equivalent to one year of college), plus 3 years equivalent Electric Utility experience.

　　Generation Modeling Analyst ($92,300 - $130,567)

　　Bachelor's of Science or Bachelor's of Arts degree in engineering, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience (two years professional related experience equivalent to one year of college). At least 5 years of experience in analyzing generation and transaction costs using financial tools/production simulation software. Experience with the Company's Production Costing and Generation Modeling software or equivalent is preferred. Must have advanced quantitative analysis skills and extensive knowledge in the systems and software required for such analyses. Advanced skills using spreadsheet and database software is desired. Extensive knowledge of the performance, operations and modeling of generating assets, preferably Xcel Energy's assets, is desired.

　　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 [email protected] .

　　Non-Bargaining

　　The anticipated starting base pay for this position is: $81,000.00 to $130,567.00 per year

　　This position may also be eligible for the following benefits and/or pay components: Pay - 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, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave

　　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: 02/01/24

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　　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 [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.