Regulatory Business (Fall/Winter) Intern - Colorado

About the role

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy.

Xcel Energy is a place where you'll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you'll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday-Thursday); however, work location expectations vary based on role, team, and business needs.

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.

YOU MUST LIVE IN THE STATE OF COLORADO. THIS IS A FALL INTERSHIP WITH THE OPPORTUNITY TO BECOME SUMMER INTERNSHIP.

This experience will assist the Regulatory Administration team on various policy, cost recovery, and rulemaking proceedings to ensure Public Utilities Commission approval and positive outcomes for the Company and its customers. The experience will enable an intern to project manage and/or support a project(s) that will allow the Company to meet its cost recovery or policy objectives.

The successful intern will research, project manage, work on oral and written communications, work on compliance items or reporting, and look for ways to improve processes. This position will start Fall 2026 and work through the school year part time.

Typical intern responsibilities may include but are not limited to

• Manage or support an assigned case(s)
• Research issues if needed
• Meet case milestones timely and accurately
• Report to management on milestones
• Provide recommendations for leadership if decisions needed
• Work cross-functionally with business partners across the organization
• Create high-level process maps of the case management process or other related processes and look for process improvements.

This position is available for immediate hire. Depending on business needs and successful performance, the internship may be extended beyond its initial term

Minimum Requirements

• Current student, Junior or higher
• Enrolled in an accredited college or university and pursuing a degree in Business, English, Economics, Public Policy, Environmental, etc.
• Able to work full-time during the summer (up to 40 hours a week)/ part time during the school year (up to 20 hours a week) and commuting to the designated work location in-person, per our hybrid work policy.
• Preferred Qualifications:
• Research, Writing, Financial, Project Management experience/coursework
• Experience with Microsoft Office (PowerPoint, Word, Excel) AI, Adobe Acrobat, SharePoint

Additional information

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Employee Commitments

• Work that makes a difference
• A team you can count of
• Opportunities to grow
• Rewards that help you thrive

Non-Bargaining

The anticipated starting base pay for this position is: $19.30 to $24.50 per hour

Benefits

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: 11/26/26

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.

Accessibility Statement

• Xcel Energy endeavors to make and accessible to any and all users.
• If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.
• For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance.
• Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.