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Why do our products and services differ based on state? Because our business is regulated by state. We have regulated operations in eight Western and Midwestern states. The different regulatory body for each state we serve determines what products and services we deliver in that state.
Time of Day - MN
Time of Day
Minnesota residential customers can save
Overview
Residential customers in Minnesota can enjoy significant savings with our Time of Day plan. If you choose to charge your electric vehicle (EV) or run appliances during off-peak hours during late evening and early morning daily, we will provide you a special off-peak rate that’s more than half the standard rate. Weekends and certain holidays are always off-peak, 24 hours a day.
If you use at least 650 kilowatt-hours (kWh) per month of electricity, you could benefit. You should have some type of EV or load/appliance that can easily be shifted to off-peak hours. You’ll see the greatest benefit if you use electric water heating, electric space heating, or both services.
If you charge your EV or run appliances during peak times while on the Time of Day plan, you pay a rate that is higher than standard residential rates.
We will remove your existing meter and replace it with a Time of Day meter that records the time and amount of electricity used.
Benefits
If you choose to charge your EV or run appliances during selected off-peak hours with our Time of Day plan,
- Your off-peak rate is less than half that of standard residential rates.
- Weekends and most holidays are always off-peak, 24 hours a day.
- You can select the off-peak time that works best at your home.
- No electrician is required (we will install the Time of Day meter).
- You can try a three-month trial to see if this option is right for you.
If you’re not satisfied, we will recalculate your bill at the standard rate. We will charge $20 to remove the off-peak meter if you cancel.
Details
Off-Peak Period
The off-peak period covers 108 hours per week or 65% of the total week. Choose your off-peak periods for Monday through Friday from the time periods available.
Start Time Choices for Off-Peak (12-hour period)
9 p.m.
Seven major holidays are also billed at the off-peak rate. Holidays are recognized on the nationally designated day. They are New Years Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day.
Rates
| Monthly Charge | |
|---|---|
| Overhead service (non-heating) | $9.11 |
| Underground service (non-heating) | $11.11 |
| Overhead service (space heating) | $11.11 |
| Underground service (space heating) | $13.11 |
| kWh Charge( ¢/kWh) | |
|---|---|
| Summer on-peak | 17.812 |
| Summer off-peak | 2.37 |
| Winter on-peak (non-heating) | 14.556 |
| Winter off-peak (non-heating) | 2.37 |
| Winter on-peak (space heating) | 11.248 |
| Winter off-peak (space heating) | 2.37 |
If you use electricity during peak times while on the Time of Day plan, you pay a rate higher than standard residential rates.
You must remain on the plan chosen for a minimum of one year. After one year you may change your peak period selection.
Who Qualifies
To qualify, you:
- Must be a residential electricity customer of Xcel Energy in Minnesota.
- Should have some type of load/appliance that can easily be shifted to off-peak hours.
- Should use at least 650 kilowatt-hours (kWh) in electricity monthly.
To maximize your benefit, you should have at least one of the following:
- electric thermal storage heating
- radiant floor heat
- electric water heaters
How to Get Started
To enroll in our Time of Day plan, call us at 1-800-895-4999. We can help you choose the Time of Day rate plan that will work best for you.
You must remain on the plan chosen for a minimum of one year. After one year you may change your peak period selection.
We’ll come to your home, remove your existing meter and replace it with a special Time of Day meter that records the time and amount of electricity used.
Additional Information
If you have any questions regarding our Time of Day plan, please call 1-800-895-4999.
