Residential time of use pilot program coming to Minnesota
Energy Storage, Markets, Peak Load, Policy, Solar Power, time-of-use, Xcel , , , , , ,

Residential time of use pilot program coming to Minnesota

A two-year pilot program will be rolled out to roughly 10,000 Xcel Energy residential customers in early 2020. June 5, 2018John WeaverThe Minnesota Public Utilities Commission has approved a time of use (TOU) pilot for approximately 10,000 residential customers of Xcel energy, starting in 2020.The program will define a peak demand period from 3 PM until 8 PM. During weekdays and during this period, the price of electricity will be 92% higher than the standard rate. Simultaneously the ‘off peak’ rate – 12 AM till 6 AM, will be 54% lower than the standard rate.This means the peak afternoon/evening weekday…
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