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Xcel Energy Principal Rate Analyst Job in Minneapolis, Minnesota


To provide project supervision as well as regulatory and technical expertise for jurisdictional cost of service studies, revenue requirement determinations, fuel clause administration, and related projects for the Company's electric, gas and thermal energy businesses for various state and Federal regulatory jurisdictions and agencies. Prepare and file expert testimony and stand cross-examination on contested issues before regulatory agencies.

Essential Responsibilities

  • Work with Xcel's business units and regulatory management to develop regulatory strategies and work plans that will meet cost recovery objectives to ensure electric, gas and thermal energy rates that are competitive, profitable, and within regulatory guidelines. This includes the analysis of other companies as well as alternative regulatory approaches

  • Develop strategies, draft testimony and/or exhibits to support assigned regulatory applications. Appear as an expert witness on behalf of the company. Analyze intervener testimony to formulate responsive testimony and assist with cross-examination strategies.

  • Develop plans to ensure effective revenue analysis strategies are made in a restructured environment. Develop proposals to achieve Xcel's objectives in jurisdictions implementing retail choice.

  • Coordinate interveners and Commission staff data request responses and auditing functions on technical issues during general rate filings and other filed petitions, and assist in support required during the hearing process. Also, provide information to Commission/Department when cases are not pending as a Company spokesperson on technical issues.

  • Work directly with Information Services to assist in the development, enhancement and maintenance of the area's various information systems to meet the regulatory information needs of the Company and improve the information process.

  • Provide technical assistance to department employees to increase their knowledge and efficiency in the areas of rate regulation and revenue requirements, information management, processing and reporting.

  • Other duties as assigned.


  • High school diploma or equivalent

  • Bachelor's degree in Business, Accounting, Economics or related field (6 years related experience may substitute for the degree)

  • Demonstrated knowledge of accounting, budgeting and financial forecasting procedures and systems

  • Ability to appear as an expert witness

  • Demonstrated detailed knowledge of the cost of service and revenue requirement procedures

  • 5 years of rate-related experience

  • Must be proficient at database and personal computer analytical and reporting tools

  • Frequent overnight travel required; extensive overtime


  • Knowledge of Xcel Energy's accounting, budgeting, and financial forecasting procedures and systems as well as the cost of service and revenue requirement procedures

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.

Posting Notes: MN - Minneapolis || MN - Minneapolis || United States (US) || CFO Organization || 70425:Revenue Requirements North || Full-Time || Non-Bargaining ||

Requisition Number: 18838

Equal Opportunity Employer: Minority/Female/Disability/Veteran

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