Thu, Sep 28th, 2023 - 3:40pm
February 07, 2024 - 7:00pm | By Tom Tucker
(Minneapolis, MN) -- Minneapolis-based Xcel Energy wants to charge consumers more during evening peak hours.
The energy utility has asked state utility regulators to let it switch Minnesota electric customers to variable rates.
If approved, the plan would be a change from flat rates currently being used.
Xcel says the shift is meant to ease pressure on the electric grid when demand is highest and give customers more control over their power bills.