Xcel Energy is mandated by state law to provide our customers with at least the following percentages of electricity from renewable resources: 18% by 2012, 25% by 2016, and 30% by 2020. The costs associated with such renewable resources are included in each electricity customer’s monthly electric bill. The energy you purchase through the Windsource program is in addition to the renewable energy generation we provide as required by law, meaning that your Windsource subscription increases the amount of renewable energy on our system.
A Windsource charge will appear as a separate line item on your monthly Xcel Energy bill, charged against the number of Windsource kilowatt-hours (kWh) you purchased. The Windsource rate is in addition to the full retail rate and includes a $3.53 per block charge for Windsource, less a credit for fuel costs. In 2019, the average fuel cost credit for a residential customer was $2.53, making the net charge for Windsource $1.00 per block.
Windsource charges will be calculated on your actual monthly Xcel Energy bill. If your electricity use is less than your level of Windsource commitment, you will be charged only for what you use. Actual costs will vary based on actual usage and monthly fuel credit variations.
For residential electric customers, there is a minimum one-year purchase requirement. You will continue to participate in Windsource on a month-to-month basis after the one-year period unless you notify us of a change in your commitment. Please allow 30 days for your change to be effective. The Windsource rate can change over time, pending approval from the Minnesota Public Utilities Commission.
There is no early termination fee. You may cancel this agreement with Xcel Energy after the minimum term by calling 1-800-895-4999.
Windsource is supplied by 100% Minnesota wind.
The Renewable Energy Credits associated with your Windsource purchase are retired on your behalf and tracked through the M-RETS REC tracking system, which verifies that RECs are only counted once and cannot be used for other purposes.
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