Colorado Public Utilities Commission Announces New Xcel Energy Time of Use Rates
The Colorado Public Utilities Commission (PUC) announced that on Feb. 19, it finalized deliberations on the Xcel Energy Time of Use Rate Case Proposal, Proceeding No. 24AL-0377E. Utilities use Time of Use (TOU) rates to vary the cost of electricity during the day to more accurately reflect the actual cost of operating a utility’s electric system. TOU rates are the default for all residential customers, but consumers can choose to opt out for a flat rate structure.