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Power Settlements Jobs (NOW HIRING)

Through our Oil & Petroleum Products, Gas and Power, Bulk and Metals and Minerals commercial ... Ensures timely and accurate scheduling, nominations, and settlements in line with market rules and ...

As our Senior Electrical Power Market Engineer , you will help MISO carry out an efficient and fair ... settlements, and operations teams. You will help the team administer one of the energy markets ...

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Power Settlements information

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$13

$24

$46

How much do power settlements jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for power settlements in the United States is $24.51, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $28.37 per hour, depending on experience, location, and employer.

What are some common challenges faced in a power settlements role, and how can new team members prepare to overcome them?

Professionals in Power Settlements often face challenges related to managing large volumes of transactional data and ensuring accuracy in settlement calculations within tight deadlines. New team members can prepare by becoming proficient with industry-standard software, familiarizing themselves with ISO/RTO rules, and developing strong attention to detail. Effective communication with trading, risk, and accounting teams is also crucial, as discrepancies must often be resolved collaboratively. Staying organized and seeking mentorship from experienced colleagues can help new hires adapt quickly and contribute confidently.

What are the key skills and qualifications needed to thrive in power settlements?

To thrive in Power Settlements, you need strong analytical skills, attention to detail, and a solid understanding of electricity markets, typically supported by a degree in finance, economics, engineering, or a related field. Proficiency with settlement software (such as OATI or PCI), Excel, data analysis tools, and familiarity with ISO/RTO systems is often required. Excellent problem-solving abilities, communication skills, and the ability to work under tight deadlines are essential soft skills in this role. These competencies ensure accurate market settlements, minimize financial risks, and support regulatory compliance in the dynamic energy sector.

What is power settlements?

Power Settlements refer to the financial process of reconciling and finalizing the payments between parties involved in the wholesale electricity market. This involves calculating the differences between scheduled and actual electricity deliveries, determining market prices, and ensuring that all market participants are compensated or charged appropriately. Professionals working in power settlements handle large volumes of data, resolve discrepancies, and ensure compliance with market rules and regulations. Their work is crucial to maintaining transparency and reliability in the energy market.

What is the difference between Power Settlements vs Power Traders?

AspectPower SettlementsPower Traders
CredentialsOften require degrees in finance, economics, or energy managementSimilar credentials, with additional emphasis on market analysis skills
Work EnvironmentTypically office-based, focused on data analysis and transaction processingOffice or trading floor, involving market monitoring and decision-making
Industry UsageUsed in energy companies, utilities, and trading firms for transaction settlementCommon in trading firms, energy markets, and financial institutions
Primary FocusEnsuring accurate financial settlement of energy transactionsBuying and selling energy commodities to maximize profit

Power Settlements professionals focus on the financial and administrative aspects of energy transactions, ensuring accurate settlement and compliance. Power Traders actively buy and sell energy to capitalize on market movements. While both roles require knowledge of energy markets, Power Traders are more market-driven, whereas Power Settlements concentrate on transaction accuracy and record-keeping.

More about Power Settlements jobs
What cities are hiring for Power Settlements jobs? Cities with the most Power Settlements job openings:
What states have the most Power Settlements jobs? States with the most job openings for Power Settlements jobs include:
Infographic showing various Power Settlements job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 9% Part Time, 3% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $50,977 per year, or $24.5 per hour.

SUPV, POWER SUPPLY CONTRACTS

Basin Electric Power Cooperative

Bismarck, ND โ€ข On-site

$80K - $107K/yr

Full-time

Re-posted 21 days ago


Job description

SUPV, POWER SUPPLY CONTRACTS
Posting Start Date: 6/16/26
Job Description:
POSITION PURPOSE
This position is located at our Headquarters office in Bismarck, ND.
Supports the full lifecycle of long-term power supply contracting by leading the origination of commercial terms, preparation of Request for Proposals (RFPs), evaluation of bids utilizing quantitative analysis, and facilitating contract negotiations. Leads the onboarding/offboarding of power supply contracts, as well as leading sustaining contract issue resolutions. The position supervises a team of analysts to oversee the functions.
ESSENTIAL DUTIES
  • Originate new long-term power supply purchase and sale contracts, including Requests for Proposals development, bid evaluation, and quantitative analysis.
  • Ensure consistent terminology, documentation, and processes for long-term power supply agreements-covering wind, solar, battery storage, coal, natural gas resources, and other power supply resources as needed.
  • Manage sustaining power supply contracts by resolving issues, negotiating amendments, and collaborating with internal and external stakeholders.
  • Maintain a comprehensive understanding of Basin Electric's power supply system, including power deliveries within the Southwest Power Pool (SPP), The Midcontinent Independent System Operator (MISO), and additional bilateral Western markets.
  • Responsible for the onboarding/offboarding of power purchases and sales. This is a project management role that requires interfacing with adjacent functions such as transmission delivery, RTO/Market registration, metering, settlements, market operations, and IT related functions.
  • Maintain external market relationships to identify future suppliers, projects, and opportunities.
  • Oversight of the accurate collection of financial inputs to ensure accurate budgeting and forecasting in support of Financial Forecasts, Rate making processes, and Integrated Resource Plans.
  • Supervise, coach, and develop a team of analysts supporting power supply contracting activities.
  • Develop and apply economic and cost-benefit models for potential power purchases and communicate key findings to management through clear presentations and reports.
  • Provides findings and makes presentations to stakeholders, committees and the Board.
  • Perform other duties as assigned.

MINIMUM QUALIFICATIONS
  • Bachelor's degree in business administration, accounting, economics, finance, engineering or related field; and 8 years of related experience.
  • Travel up to 5%.

PREFERRED QUALIFICATIONS
  • Experience in power supply contracting.
  • Experience using Allegro Energy Trading Risk Management.
  • Experience with Quantitative Analysis in a Regional Transmission Organization environment.

PHYSICAL AND ENVIRONMENTAL DEMANDS
This position requires frequent sitting and standing/walking; and occasionally reaching below and above shoulder level, use of keyboard/computer, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination. This position requires good hearing and vision, and the ability to speak.
KEY SKILLS
  • Excellent verbal and written communication skills.
  • Good interpersonal and customer service skills.
  • Basic sales and customer service skills.
  • Excellent organizational skills and attention to detail.
  • Excellent time management skills with a proven ability to meet deadlines.
  • Strong analytical and problem-solving skills.
  • Strong supervisory and leadership skills.
  • Ability to prioritize tasks and to delegate them when appropriate.
  • Ability to function well in a high-paced and at times stressful environment.
  • Proficient with Microsoft Office Suite.
  • Strong understanding of electric power markets, utility operations, and generation technologies.
  • Ability to analyze complex contractual, financial, and regulatory information.
  • Ability to exercise sound judgment and maintain confidentiality.