Customer Support

Xcel Energy Adjusts Electric Prices Quarterly

Xcel Energy adjusts its Electric Commodity Adjustment (ECA) quarterly to reflect the cost of energy utilized to supply electric service.

Quarterly ECA Factor Change
   

4th Quarter 2023
October-December

Price ($/kWh)

1st Quarter 2024
January-March
Price ($/kWh)

Residential

  0.02900

0.02540

Residential TOU (RE-TOU and RD-TDR)    41.06% 35.96% 
  Time-of-Use Off-Peak 0.02078 0.02065
  Time-of-Use On-Peak 0.03706

0.03057

Small Commercial

  0.02900

0.02540

Commercial &
Industrial Secondary

  0.02900

0.02540

 

Optional Time-of-Use
Off-Peak

0.02543

0.01920

 

Optional Time-of-Use
On-Peak

0.03356

0.03341

C&I Secondary - Electric Vehicle Service

   0.03281

0.02956 

  Time-of-Use Off-Peak 0.02470 0.01909
  Time-of-Use On-Peak  0.03655 0.03818

Primary General

 

Time-of-Use Off-Peak

0.02512

0.01937

 

Time-of-Use On-Peak

0.03316

0.03370

Transmission General

 

Time-of-Use Off-Peak

0.02470

0.01914

 

Time-of-Use On-Peak

0.03260

0.03332

 

Average Customer Bill Impact
  4th Quarter 2023
October-December

Average Bill
1st Quarter 2024
January-March

Average Bill

% Bill Change

Residential
Avg. usage of 617 kWh

$89.05

$86.84

-2.47%

Small Commercial
Avg. usage of 941 kWh

$125.14

$121.80

 --2.67%

We hope that by providing you this information quarterly, you will be able to better budget and adjust your energy usage. The information provided above shows only the prices that are changing due to the change in the ECA and the average effect of those
changes. For more information on your Xcel Energy electric bill or for customer bill impact information on larger commercial or industrial customers on rate schedules not shown above, please call 1-800-895-4999.

 

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Energy Saving Tip

Make sure to regularly change the air filters on your HVAC system (at least once per month). Old, clogged filters are far less efficient than new ones.

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Break Ground, Not the Law

Always call 811 before digging in your yard to avoid hitting buried gas or electric lines. Not only is it the safe thing to do, but it's the law.