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Energy Programs Strategy & Analytics Intern

Xcel EnergyAdded 1h ago

Minneapolis, MN, 55401Internship

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Quick summaryby newgrad.ai

What you'll do

  • Evaluate financial viability and savings potential of energy efficiency initiatives.
  • Create supporting materials for state regulatory submissions on demand-side programs.
  • Update and refine analytical frameworks and operational workflows.
  • Build visualization tools to monitor program spending and performance metrics.
  • Share analysis results and strategic suggestions with stakeholders and executives.

What they're looking for

  • Junior standing or above majoring in quantitative, technical, or engineering fields.
  • Available for full-time summer work (40 hours/week) commuting in-person to Minneapolis or Denver.
  • Preferred: 3.0+ GPA, two years of college completed, familiarity with data analysis software.

Pay and perks

  • $18.90 to $27.90 per hour.
  • Pension, 401(k), paid time off, holidays.

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.

At Xcel Energy, our employees are the driving force behind our success. So we make sure that, here, you can be your best. Doing work that makes a difference for neighbors and communities. Working with a team you can count on to push you. Expanding skills, staying ready for change, and capturing opportunities to grow. All with the support, rewards and recognition you need to thrive – during your internship and beyond.

Xcel Energy is seeking candidates to support our Customer Energy and Transportation Solutions (CETS) organization, specifically within the Product Planning and Strategy team in Minneapolis, MN or Denver, CO. This paid internship offers a unique opportunity to work on high-impact analytical projects that support the planning, evaluation, and regulatory reporting of demand-side management (DSM) programs serving customers across our service territory. The intern will work directly with technical consultants to evaluate the cost-effectiveness and financial performance of DSM programs for Northern States Power-Minnesota (NSP-M) and Public Service Company (PSCo). A key responsibility of the role will be supporting the development of cost-benefit analyses and associated documentation for regulatory filings, including ownership of analytical components supporting the Company's South Dakota DSM filing.

In addition to regulatory and financial analysis activities, the intern will help identify and implement process improvements that enhance the efficiency and effectiveness of program planning and reporting. This includes evaluating opportunities for new dashboards, automated reporting tools, and business intelligence solutions that provide ongoing visibility into program financial incentives, cost-effectiveness metrics, and mid-year program performance. The internship provides hands-on experience with utility program planning, financial analysis, cost-effectiveness testing, and data-driven decision-making. The successful candidate will gain exposure to how utilities evaluate energy efficiency investments, support regulatory compliance, and develop customer-focused programs that advance clean energy goals. Throughout the program, the intern will collaborate with cross-functional teams, develop professional analytical skills, and present project findings and recommendations to business leaders.

Typical intern responsibilities may include but are not limited to

  • Support cost-benefit and financial analysis of demand-side management programs for NSP-M.
  • Assist in preparing analytical support and documentation for regulatory filings, including South Dakota DSM filings.
  • Maintain and enhance cost-effectiveness models, tools, and business processes.
  • Analyze program performance and incentive data to identify trends and opportunities.
  • Develop dashboards and reporting solutions that improve visibility into program and portfolio performance.
  • Identify and recommend process improvements that enhance analytical efficiency and reporting accuracy.
  • Present findings, insights, and recommendations to technical consultants and business leadership.

This position is for a May 24, 2027 start date. This position may have the possibility to extend beyond the internship's initial term based on the candidate's successful performance and Xcel Energy's business needs.

Minimum Requirements

  • Current student, Junior or higher
  • Enrolled in an accredited college or university and pursuing a degree focused on Statistics, Technology, Engineering or Mathematics.
  • Able to work full-time during the summer (up to 40 hours a week) and commuting to the designated work location in-person, per our hybrid work policy.

Preferred Qualifications

  • 3.0 GPA (out of a 4.0 scale) or higher
  • Completed 2 years of undergraduate coursework
  • Experience or Proficiency with data analytics tools

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: $18.90 to $27.90 per hour

This position is eligible for the following benefits: Pension, 401(k) plan, Paid time off (PTO), Holidays

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: 10/15/26

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

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