The SmartGridCity pilot allows for the exploration of smart grid tools in a real-world setting. Your smart meter, My Account, and Pricing Plan all work together to help you understand more about your energy usage.
The smart meter wirelessly transmits your energy use to Xcel Energy. This allows you to view detailed information (from 15-minute intervals to monthly and yearly comparisons) about your household electricity use in My Account. Understanding how and when you use electricity allows for informed choices in determining how to maximize the Peak Plus Plan and become more energy efficient overall.
With this plan (detailed below), your rate is lower during Off Peak hours and moderate during On Peak hours. Additionally, the Peak Plus Plan includes Peak Energy Events (up to 15 times per year, during On Peak hours). During these events, you will be charged 33¢ per kilowatt hour in non-summer months and 51¢ during summer months. Notifications go out a day in advance of a Peak Energy Event so you can plan to utilize less electricity. As a Peak Plus Pan participant, you may already be highly conscientious about your energy usage. This plan encourages you to go to the next level of energy efficiency for optimal savings.
For more energy savings tips visit xcelenergy.com.