The default standard service with tiered summer rates. By way of comparison, under Xcel’s current two-tier summer rates customers pay 5.461 cents for each of the first 500 kWh and 9.9 cents for each kWh above that. A typical residential customer could see an average increase of about $9.80 per month if Xcel's request is approved. Since 2017, Xcel has been conducting a large-scale trial for a voluntary TOU service rate schedule called Residential Energy Time-of-Use. Xcel Energy Plan Rates | Residential Service Xcel Energy is a major U.S. electric and natural gas company. We systematically inspect, repair, and replace as necessary, portions of our Xcel Energy's residential customers will see no electricity rate hikes for the … By selecting YES, an additional window will open to allow you to take the survey at the conclusion of your visit. Tiered rates for residential customers apply in the summer months of June, July, August and September. For the first time since 1986, Xcel Energys regional operating company, Southwestern Public Service Company (SPS), is proposing to raise its base electricity rates for retail electric service in New Mexico as it seeks to invest in generation, transmission and environmental improvements. Xcel Energy is seeking to shift all of its 1.2 million Colorado residential customers to summer time-of-use rates and the move has prompted consumer advocates to intervene in the case before the Colorado Public Utilities Commission (CPUC). Xcel Energy's response to COVID-19 Learn More Next. Since 2017, Xcel has been conducting a large-scale trial for a voluntary TOU service rate schedule called Residential Energy Time-of-Use. Access all sections of the Electric Rate Book and the Natural Gas Rate Book for the state of Minnesota. Access the Electric Rate Book, Gas Rate Book, and Steam Rate Book for the state of Colorado. more than 24,000 miles of natural gas pipelines in Colorado to ensure safe, reliable service. Access all sections of the Electric Rate Book and the Gas Rate Book for the state of Michigan, and find additional brochures and resources. Xcel Energy seeks rate increase to recover investments. Xcel Energy is seeking to shift all of its 1.2 million Colorado residential customers to summer time-of-use rates and the move has prompted consumer advocates to intervene in the case before the Colorado Public Utilities Commission (CPUC). XCEL RATE SCHEDULES The four rate schedules summarized below cover most XCEL customers. Always call 811 before digging in your yard to avoid hitting buried gas or electric lines. As a public utility, we operate in a regulated industry, which means we must set our prices (rates) through the formal process of filing a rate case. Access resources and brochures including our Business Rates and Residential Rates documents. Access all sections of the Electric Rate Book and the Gas Rate Book for the state of Wisconsin, and find additional brochures and resources. Xcel Energy has a presence in northern Texas and offers net metering to customers in that area. “Investing in clean energy and improving the regional grid is much like purchasing fuel-efficient cars or a new energy-efficient air conditioner at home,” said David Hudson, president, Xcel Energy – New Mexico. All about keeping electricity affordable. In 2010, the Colorado Public Utilities Commission approved tiered rates for Xcel Energy's residential electric customers in Colorado. Xcel Energy (Nasdaq: XEL) and Kepco Solar struck an agreement to end the power purchase contract, and they proposed to state utility regulators that Xcel … Xcel, which […] Top 5 of 2020. Shift your electricity use for select appliances and receive a lower rate. Xcel has a special EV rate, a new rate, that just came out this year specific for electric vehicle charging. This proposal offers a chance to manage your bill and reduce carbon emissions by shifting summer energy use away from peak weekday hours. The table uses Xcel’s 2018 rates as a base year, and assumes electricity consumption will remain at 2018 levels. Xcel Energy is asking regulators to let it recover costs with a charge on electric bills that would boost an average residential customer’s bill by almost $13 per month. Xcel said because customers have enjoyed lower fuel prices in the past two years, the proposed increase would be only 3.6 percent higher than the average residential rate in 2017. You can also access rate riders, fuel cost charge, purchased natural gas adjustment, and other resources. Take control of your electricity bill by shifting the times you use energy. You have been selected to participate in a brief survey to help us improve our site. As we continue to make improvements, modernize our infrastructure, bring more clean energy online, and support our communities, we have managed to keep rates competitive. Learn More, Outage update for Southeastern Minnesota Customers Xcel Energy-Colorado is seeking natural gas rate increases that would add $6.44 a month to a typical residential bill and $19.51 a month to a typical small business customer’s bill. This new pricing plan gives customers control and a potential to save money by consistently shifting and staggering energy usage. For those customers with access, Xcel is a good choice but is not available to the majority of South Dakota residents. Decoupling breaks the link between a utility’s energy sales and the revenue collected from its customers. TOU customers in the trial program would migrate to the new schedule when it becomes effective, which is proposed to be Jan. 1, 2021. Please do not close it if you would like to participate. Xcel Energy has increased industrial electricity prices in Minnesota by 100 percent since 2002, whereas industrial electricity … Residential customers can expect small credits on their electric bills next year. Xcel Energy Plan Rates | Residential Service Xcel Energy is a major U.S. electric and natural gas company. Xcel Energy on Dec. 2 filed an advice letter with Colorado regulators to make permanent a residential energy time-of-use (TOU) rate, following a successful pilot program that concluded in July. At its December 17, 2020 agenda meeting, the Minnesota Public Utilities Commission approved Xcel Energy’s (Xcel) rate case stay-out proposal filed on September 15, 2020, resulting in Xcel’s commitment to withdraw its pending rate case. Figure 9 – Annual additional increase in electricity rates for Xcel based on Xcel’s resource plan, FERC form 1 filings, and the provisions allowed for in Clean Energy First. © 2021 Xcel Energy Inc. All rights reserved. 3:20 AM MST on Feb 20, 2020. The table below compares residential electricity prices for Xcel Energy after the rate increase with the national average. Xcel Energy-Colorado is seeking natural gas rate increases that would add $6.44 a month to a typical residential bill and $19.51 a month to a typical small business customer's bill. Standard flat rates apply during all other months. Chairwoman Sieben asked Xcel to meet with legislators to tell them that the PUC has been doing a great job keeping rates low for residential customers by foisting a massive price hike on commercial and industrial customers instead of residential customers. In November 2019, Xcel proposed a new rate case -- a 15% hike over three years -- but also presented a rate case stay-out. 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