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You probably guessed that "smart" electricity meters weren't purchased and installed by utility companies to make life simpler and cheaper for the consumer. Midwest energy titan Xcel Energy, after announcing and substantially completing the installation of the new measuring devices, now tells home owners and businesses what the next step will be, variable rate pricing.
During the 3pm-8pm period rates will be seven times those of midnight to 6am. The whole story can be found here.
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