Pricing Analyst/Sr. Pricing Analyst

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
Analyze and develop pricing or rate design proposals to maintain an effective portfolio. Work with pricing consultants/analysts to develop effective pricing structures or proposals, models and processes for a restructured environment.
Essential Responsibilities (Pricing Analyst)

• Analyze and develop complex pricing proposals for strategic customers to ensure effective pricing in a restructured environment.

• Prepares contracts, agreements and other documents for business transactions. Assist pricing consultants in the design of prices, databases and models to ensure effective price structures, increased options available to customers for buying energy from XERS, and compliance with business requirements.

• Coordinate the development and improvement of pricing processes to ensure effective pricing and compliance with business requirements.

• Forecast revenues and costs, as well as report historic revenues and costs for company budgets and other business needs.

• Provide assistance to sales force in the preparation of pricing proposals.

Essential Responsibilities (Sr. Pricing Analyst)

•  Prepare and also guide lower-level analysts in the preparation of the rate design proposals and requirements for general rate case filings, miscellaneous filings, and other regulatory filings as required. Proactively develop pricing proposals to meet the needs of the business units, increase options available to customers, and comply with regulatory requirements.

• Work through all aspects of development and approval to bring the proposal to implementation.

• Conduct cost of service studies, including comprehensive class cost of service studies, to ensure accurate and timely cost information is available for general rate cases, and other rate design needs.

• Develop new rate design proposals or modifications of existing rate structures for implementation in regulated utility jurisdictions.

• Ensure an effective pricing strategy for the Xcel utilities operating in a regulated environment.

• Develop, propose, and gain regulatory approval of pricing strategies that support the accomplishment of Xcel's business objectives.

• Coordinate projects within area of specialization to ensure timely and accurate completion of necessary analyses for rate cases, rate design, revenue forecasting or cost of service studies.

• Communicate and partner with the business units to ensure their informational needs are met.

• Develop revenue forecasts and reports of historic revenues for official Company budgets and rate cases.

• Develop and implement revenue recovery and refund mechanisms to ensure full cost recovery and comply with regulatory requirements.

Minimum Requirements (Pricing Analyst): Salary Range $69,700 - $99,100

• Bachelor's degree in economics, Engineering, Mathematics, Business or other related field; or a combination of education and experience providing equivalent knowledge.

• Two to five years' experience in pricing.

Minimum Requirements (Sr. Pricing Analyst): Salary Range $81,000 - $115,567

•  Bachelor's degree in economics, Engineering, Mathematics, or other technical field and 4 to 7 years' experience in Rate Design; or a combination of education and experience providing equivalent knowledge.

• Advanced degree in one of the above areas is desirable.

Preferred Requirements

• Prefer experience in utility pricing.

• RTO/ISO Market experience.

• Financial modeling experience preferred.

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: $69,700.00 to $115,567.00 per year

This position is eligible for the following benefits: 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, 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.

Deadline to Apply: 12/06/24

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ACCESSIBILITY STATEMENT
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