The company is also working with customers to arrange payment plans if they are having difficulty paying their bills through this challenging time. Customers can contact Xcel Energy by calling and using the automated phone system or speaking with a representative. Support is also available at www. Time-of-use rates have already been implemented or are in pilot programs at utilities from Virginia to California.
Fort Collins, where everyone already has smart meters, shifted to time-of-use rates in Late last year, the PUC approved a time-of-use rate schedule for Xcel. After customers get their smart meters they will slowly be shifted to the new rates used to calculate their bills. The lag is intended to allow customers to see their usage before the new rates kick in. The rate schedule was agreed to by Xcel and consumer and environmental groups.
The consumer groups were concerned about the impact of the new rates on low-income families and the elderly. The time-of-use rates are designed to be revenue neutral, so that Xcel does not receive more revenue than it gets now for selling kilowatt-hours at a flat rate. Customers also have the ability to opt-out of the time-of-use rates. Under the time-of-use rates there will be three sets of charges for three different time periods.
The peak period will be from 3 to 7 p. Monday through Friday, when kilowatt-hours kWh will cost Almost all 1. The cost will be passed on to customers. The real-time readouts will give a household a better handle on when and how much energy they use, said Xcel Energy-Colorado President Alice Jackson. This story is from ColoradoSun. Your heating and cooling use should be proportional to the number of heating and cooling degree days for the time period in question.
A comparison can be made against the same time period from the previous year. You may also wish to contact your local utility companies for more information about reading your meter. If monthly information is good enough, your utility bills could have all the information you need.
Just be sure the bills are based on actual, not estimated, meter readings, and be aware of when the meter was read, because the time period between readings can vary. Contact your local utility if you are uncertain about this. An electromechanical electric meter on the side of a house. The basic unit of measure of electric power is the watt.
One thousand watts are called a kilowatt.
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