Xcel Energy Implements New 'Time Of Use' Rates Next Month; Some Customers Could See Bills Go Down, Some May Go Up

Denver CO

18 February, 2022

1:59 PM

Description

By Brian Maass, CBS Denver: DENVER (CBS4)– More than 300,000 Xcel Energy customers in Colorado with Smart Meters will start seeing a change in their bills next month as the utility implements "Time of Use" rates that will charge more for electricity during peak times and less during off-peak times. "Lower-income families that use less energy will likely see bills increase," said Andrew Bennett, Director of Advocacy for Energy Outreach Colorado, a state-sponsored nonprofit organization that provides energy assistance to Coloradans. Read more at CBS Denver CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.