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Utilities are turning to so-called “time-of-use” rates to encourage customers to shift some of their energy use away from periods of high demand, when producing and delivering energy is more expensive and often, more polluting.
If state regulators approve Xcel’s plan, the state’s largest electric utility would charge variable electric rates at different times.
In December, the utility proposed moving to a “time-of-use” rate plan as the default way residents will be charged for their power usage.
In December, the utility proposed moving to a “time-of-use” rate plan as the default way residents will be charged for their power usage.
Minnesota's largest electric utility filed its rate case Monday with the state Public Utilities Commission, which must approve it.