PUC to take public comment on Xcel Energy rate design proposal
DENVER (May 26, 2016) — The Colorado Public Utilities Commission (PUC) will take public comment in Denver and Grand Junction in June on a proposal by Xcel Energy to implement new rate designs and rate structures for its electric customers.
Public comment hearings are scheduled for June 9 at the PUC in Denver, 1560 Broadway, Suite 250, Hearing Room A; and for June 16 at the City of Grand Junction Auditorium, 250 N. Fifth St. Both public hearings will begin at 4 p.m. and continue until finished, but no later than 6 p.m.
The PUC, a division of the Department of Regulatory Agencies (DORA), in 2015 approved a three-year electric rate plan that established an overall revenue requirement for Xcel through 2017. The proposed Phase II rate filing does not increase the company’s overall revenue requirement, but changes how the costs of providing electric service are spread among the various Xcel customer classes.
Among the specific proposals included in the Xcel request:
- The introduction of optional time-of-use (TOU) rates for a subset of residential customers. This service would be available to a maximum of 10,000 customers in 2017, 14,000 customers in 2018, and 18,000 customers in 2019.
- Establishing a “grid charge” to recover distribution system costs for residential and commercial customers. The company is proposing to assess graduated charges that increase with a customer’s average use over their past 12 billing periods.
- Instituting an on-peak demand charge for customers on Primary General (PG) and Transmission General (TG) service. This charge would be assessed on a customer’s peak load during non-holiday weekdays from 2 p.m. through 6 p.m.
- Instituting a critical peak pricing option for large commercial and industrial customers. This service would be offered on a pilot basis, and total participation would be capped at 30 megawatts.
Evidentiary hearings on the proposal are scheduled for Aug. 10-23 at the PUC. The company has requested that any changes to tariffs and rate design take effect on Jan. 1, 2017.
Members of the public may also submit written comments about the proposal by mail, email (firstname.lastname@example.org), or by using the PUC’s on-line comment form at www.colorado.gov/dora/puc.
The Colorado Public Utilities Commission (PUC) serves the public interest by effectively regulating utilities and facilities so that the people of Colorado receive safe, reliable, and reasonably-priced services consistent with the economic, environmental and social values of our state. Visit www.colorado.gov/dora/puc.
The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. Visit www.colorado.gov/dora for more information or call 303-894-7855/toll free 1-800-886-7675.