What Xcel is doing

1.) Building renewable farms.

  • These farms are incredibly expensive.
  • Xcel is not paying for them, We are through higher rates.
  • Still not enough.
  • Funding farms like SHERCO all over the country.

2.) RATE INCREASES

  • Penalizing people who have not made the switch.
  • Higher electricity bills to pay for labor costs.
  • Increasing rates every quarter.
  • Tracking usage

THE NEW “SMART METER

  • Every home in Colorado will have one by 2024.
  • Excel can track and control electricity prices throughout the day..
  • Easier implementation of rate increases like TOU.