Public hearing set for Xcel rate proposal

A hearing is scheduled for June 16 in Grand Junction to gather public comments on proposed changes in Xcel Energy electricity rates.

The Colorado Public Utilities Commission has set the hearing for 4 p.m. June 16 at the Grand Junction City Hall auditorium, 250 N. Fifth St.

The commission, a division of the Colorado Department of Regulatory Agencies, in 2015 approved a three-year electric rate plan that established an overall revenue requirement for Xcel through 2017. The proposed Phase II rate filing does not increase the company’s overall revenue requirement, but changes how the costs of providing electric service are spread among various customer classes.

Among the specific proposals included in the Xcel request:

Introducing optional time-of-use rates for a subset of residential customers. This service would be available to a maximum of 10,000 customers in 2017, 14,000 customers in 2018 and 18,000 customers in 2019.

Establishing a grid charge to recover distribution system costs for residential and commercial customers. The company is proposing to assess graduated charges that increase with a customer’s average use over their past 12 billing periods.

Instituting an on-peak demand charge for customers on primary general and transmission general service. This charge would be assessed on a customer’s peak load during non-holiday weekdays from 2 to 6 p.m.

Instituting a critical peak pricing option for large commercial and industrial customers. This service would be offered on a pilot basis, and total participation would be capped at 30 megawatts.