how do i payhalf of excel energy bill online

Demand charges usually apply to commercial and industrial customers, who tend to have higher peak loads.

Demand Charge (winter): Xcel applies demand charges based on the maximum amount of power that a customer uses in any 15 minute interval during the billing cycle.

The total kWh of those true ups will equal your total billed usage. If energy prices fluctuate multiple times during the month, there will be multiple true ups. These adjustments show up on your bill as ‘true ups’. When actual energy production costs rise or fall, xcel adjusts prices accordingly.

Sales True Up: Each year Xcel predicts the costs of energy and sets rates based on those predictions.

Electric utilities calculate the total cost for fuel sources to generate electricity each month and pass those costs on to you as charges.

Fuel Cost Charge: This is the cost of the fuel used to generate electricity.

It includes the cost to generate the electricity you use, and costs to own, operate and maintain the power plants that produce it.

Energy Charge: This is the amount you pay per kwh for electricity usage.

It covers the cost of providing you with energy service, such as electric and gas line maintenance.

Basic Service Charge: This charge stays the same regardless of your usage.

This customer’s demand is 708 kW, which falls under the General Service Rate.

Rate: Xcel charges customers different rates for their energy, depending on their maximum demand.

When actual energy production costs rise or fall, Xcel adjusts prices accordingly and adds the difference to your bill as a ‘true up’. So what is the difference between a Charge and a True Up? Each year Xcel predicts the costs of energy and sets rates based on those predictions. The charge varies based on customer type, and this commercial client pays $3.60 per month. The Affordability Charge is a flat monthly surcharge that offsets costs of offering bill payment assistance and discount programs to low-income customers. Each program has a per kilowatt hour rate that is multiplied by your billed usage to formulate the total charge.

The Resource Adjustment includes costs related to several different conservation and renewable energy programs. It’s also worth taking a closer look at the charges that aren’t explained on the bill. Some charges include usage units and a per kwh rate, which show how they are impacted by your monthly energy usage. The electricity charges section breaks down each component of your total monthly bill. Electricity Charges What You Need To Know:

How do i payhalf of excel energy bill online