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

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

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