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 will support the evaluation of Income Qualified (IQ) product opportunities by conducting market research, analyzing program saturation and growth potential, and helping identify trends that inform strategic decision-making. The intern will collaborate with PSAT and cross-functional teams to gather and organize data, develop insights, and support portfolio planning efforts. Additionally, the role will provide delivery coordination support by tracking project milestones, assisting with stakeholder communication, documenting requirements, and helping ensure strategic initiatives progress efficiently from planning through implementation. This position offers hands-on experience at the intersection of market analysis, product strategy, and program delivery while contributing to the advancement of IQ programs and customer-focused solutions You'll work with a team of energy product strategy experts to support overall residential product work in addition to owning delivery and results for 1 to 3 key projects in listed focus area. You also will have the opportunity to learn more about how Xcel Energy offers its residential customers products and services that help align customer's energy needs with environmental targets and other Company objectives. Typical intern responsibilities may include but are not limited to: - Conduct market research and analyze customer, program, and industry data to help identify opportunities, saturation trends, and growth potential for Income Qualified (IQ) products. - Support IQ Product Strategy and PSAT teams by gathering, organizing, and summarizing information that informs product planning, portfolio decisions, and strategic recommendations. - Assist with delivery coordination activities, including tracking project milestones, maintaining project documentation, preparing meeting materials, and communicating updates to stakeholders. - Create reports, presentations, and data-driven insights that help connect market findings to product strategy, program implementation, and continuous improvement efforts. This position is for a May 31, 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 (as of Fall 2027) - Enrolled in an accredited college or university and pursuing a degree in business analytics, project management, business admin, data analytics, energy management. - 1-2 times travel to Minnesota - 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: - Interest in the energy industry and the future of energy. Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together. Our Values Connected, Committed, Trustworthy, Safe Our Employee Commitments Work that makes a difference A team you can count of Opportunities to grow Rewards that help you thrive Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. 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. Non-Bargaining The anticipated starting base pay for this position is: $21.00 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: 10/30/26 EEO is the Law (PDF) | Equal Opportunity Statement (PDF) | Employee Rights (PDF) 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 https://www.xcelenergy.com and https://jobs.xcelenergy.com 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. You. Us. Together. At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We’re committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon-free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we’re building a better tomorrow.

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