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Settlements Analyst

Calpine


Job Location:

San Diego, CA - USA

Yearly Salary: USD 70304 - 88449
Posted: 11 September 2026 (Yesterday)
Application Deadline: 9 December 2026
Vacancies: 1 Vacancy

Job Summary

Calpine a business unit of Constellation Energy Corporation (Nasdaq: CEG) is Americas largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. With 79 energy facilities in operation Calpines fleet has the capacity to generate approximately 27000 MW of electricity enough to power approximately 27 million homes. Through wholesale power operations and its retail businesses Calpine serves customers in 22 states and Canada. Its clean efficient modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984 Calpine has led the power industry in its unwavering commitment to environmental addition its renewable geothermal plants use steam generated deep below the earths surface to produce clean renewable electricity.

Job Summary (includes but is not limited to the following other duties may be assigned)

This position will support the lead and senior analysts of ISO/RTO market settlements for assigned market(s) and will report directly to the Manager of Market Settlements.

Job Responsibilities:

ISO/RTO Invoice Processing:

  • Understand settlement rules timelines supporting files and reconcile the ISO/RTO market settlement statement for assigned market(s)
  • Download summarize and present the ISO/RTO market invoice to the lead market Analyst or Settlements Manager/Director.
  • Provide support and coding to Accounting to process the ISO/RTO payment and ensure invoices are processed timely and accurately.
  • Summarize market changes and trends to lead Analyst and/or Manager/Director.
  • Work with lead Analyst and/or Manager/Director to troubleshoot investigate discrepancies and streamline invoicing processes.

Data Reporting

    • Quarterly filing of FERC EQR for assigned market(s)
    • Provide timely and accurate ISO-published data to both external and internal customers both on an ongoing basis and ad hoc

    Ad hoc support

      • Assist lead/senior analysts in researching and responding to inquiries from Front/Mid/Back-office personnel regarding assigned market(s) and related tasks
      • Provide support to lead/senior analysts for miscellaneous projects and requests

      Job Requirements

      • Bachelors degree preferably in mathematics business economics or at least 3 years of equivalent work experience
      • Effective communication skills both written and oral
      • Ability to convey complex information in a clear and concise manner tailored to the respective audience
      • Strong analytical critical thinking and decision-making skills
      • Ability to identify issues analyze data recommend and implement solutions
      • Advanced proficiency in Excel preferred
      • Basic understanding of energy markets metering retail energy settlements preferred

      Salary Range

      $70304 - $88449.38

      Additional Calpine Information:

      • Equal Opportunity Employer of Minorities Females Protected Veterans and Individuals with Disabilities.
      • Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position please send an e-mail with your request to . Determination on requests for reasonable accommodation are made on case-by-case basis.

      Please view Equal Employment Opportunity Posters provided by OFCCP here


      Required Experience:

      IC


      About Company

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      Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Our fleet of 76 power plants in operation and 1 under construction represents nearly 26,000 megawatts of generation capacity. Thro ... View more

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