Public Utilities Commission Approves Alternative Forms of Notice for Public Service Company of Colorado's Electric Tariff Filing

Strategic Insights -

Public Service Company of Colorado has received approval from the Colorado Public Utilities Commission to implement new rates and services for its electric vehicle customers, including a new Schedule S-EV-Critical Peak Pricing (S-EV-CPP) rate and a new rate for company-owned Direct Current Fast Charging (DCFC) stations. The Commission has also approved the company's request to provide alternative forms of notice for the proposed tariff changes, including publishing a legal notice in The Denver Post and posting a copy on the company's website. This decision is effective on its mailed date of October 22, 2021.

Key Takeaways:

  • The Public Utilities Commission has approved Public Service Company of Colorado's motion to provide alternative forms of notice for its proposed electric tariff filing.
  • The company will implement a new Schedule S-EV-Critical Peak Pricing (S-EV-CPP) rate and a new rate for company-owned Direct Current Fast Charging (DCFC) stations.
  • The new Schedule S-EV will be optional for commercial and industrial customers, allowing them to charge electric vehicles and create hydrogen for fueling.
  • The Commission has found good cause to approve the alternative forms of notice requested by the company, including publishing a legal notice in The Denver Post and posting a copy on the company's website.
  • The company will also implement an Equity Performance Incentive Mechanism (Equity PIM) in the Transportation Electrification Programs Adjustment (TEPA) tariff.
  • The new rates and services will become effective on November 14, 2021.
  • The company's Equity PIM will be collected through the TEPA tariff and any incentive amounts will be added to the true-up amounts filed annually with the Commission on April 1.

Statistics:

  • The company's proposed tariff changes include an update to its existing Secondary Voltage Time-Of-Use - Electric Vehicle Service (Schedule S-EV) rate.
  • The new Schedule S-EV-CPP rate will be applied to customers who charge electric vehicles at company-owned connector and market DCFC stations.
  • The company has identified its websites as follows: https://www.xcelenergy.com/company/rates_and_regulations/filings/transportation_electrification_plan and https://www.xcelenergy.com/company/rates_and_regulations/filings.
  • The company will post the notice on its website and contact current Schedule S-EV customers directly.
  • The decision to approve the alternative forms of notice was made pursuant to SS 40-3-104(1)(c)(I)(E), C.R.S., and 4 Code of Colorado Regulations 723-1-1207(b) of the Commission's Rules of Practice and Procedure.

Sources:

  • Decision No. C21-0658-I
  • SS 40-3-104(1)(c)(I)(E), C.R.S.
  • 4 Code of Colorado Regulations 723-1-1207(b)
  • Public Service Company of Colorado's Advice Letter No. 1867-Electric