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Fort Collins to go to ‘time-of-day pricing’ for power

By 09/10/2018 | updated 8 years ago
FILE - In this Jan. 31, 2018, file photo, the sun rises beyond power lines in St. Charles Parish, La. Homeland Security officials say that Russian hackers used conventional tools to trick victims into entering passwords in order to build out a sophisticated effort to gain access to control rooms of utilities in the U.S. The victims included hundreds of vendors that had links to nuclear plants and the electrical grid. (AP Photo/Gerald Herbert, File)

Fort Collins Utilities will soon start charging different rates for electricity in the city depending on when homeowners crank the heat or run the dishwasher.

Denver’s KMGH-TV reports the city says the idea of “time-of-day pricing, which goes into effect next month, is to lower overall energy use, while also having utility costs reflect what the city pays for electricity.

Fort Collins homeowners will have to pay three times more during peak hours: 2:00 p.m. to 7:00 p.m. from May to September and 5:00 p.m. to 9:00 p.m. October through April.

However, homeowners will pay 30 percent less for that same energy if they use it during off-peak hours.

City officials say they will review the program after a year under the new pricing structure to ensure it is working as intended.

FILE – In this Jan. 31, 2018, file photo, the sun rises beyond power lines in St. Charles Parish, La. Homeland Security officials say that Russian hackers used conventional tools to trick victims into entering passwords in order to build out a sophisticated effort to gain access to control rooms of utilities in the U.S. The victims included hundreds of vendors that had links to nuclear plants and the electrical grid. (AP Photo/Gerald Herbert, File)
Gerald Herbert
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