State regulators on Wednesday gave the verbal go-ahead to Xcel Energy Inc. to install $612 million worth of new, so-called “smart” meters in customers homes and businesses across the state, as well as equipment that will control voltage on the system.
And they also approved a test of “decoupling,” or breaking the link, between the amout of electricity Xcel (NYSE: XEL) sells and the amount of revenue the utility gets from customers via their monthly bills.
Written decisions are expected…
State regulators on Wednesday gave the verbal go-ahead to Xcel Energy Inc. to install $612 million worth of new, so-called “smart” meters in customers homes and businesses across the state, as well as equipment that will control voltage on the system.
And they also approved a test of “decoupling,” or breaking the link, between the amout of electricity Xcel (NYSE: XEL) sells and the amount of revenue the utility gets from customers via their monthly bills.
Written decisions are expected…