Energy Wise Rates allow our customers to save on their bills by using electricity during times of lower demand, called "off-peak" hours.
These rates aim to shift demand for power away from "peak" hours, when it costs more to provide electricity.


Energy Wise Rates
On Oct. 1, this rate will be the new standard option for customers. We will transition most customers to this rate structure by the end of 2025. Customers can choose to switch to a Seasonal Fixed Rate option or choose an Energy Wise Plus Rate, which rewards customers even more for shifting their electric use.
This rate will apply to most residential and business customers with smart meters, excluding net metering customers.
We already offer a time-of-day rate option similar to Energy Wise Rates for customers with smart meters. Customers already on this option will be transitioned to Energy Wise Rates.
On-peak vs. off-peak
Customers pay different rates for electricity based on the time of day it is used.
On-peak
- Higher rates
- Weekdays from 5 p.m. to 9 p.m.
- Does not include weekends or holidays.
Off-peak
- Lower rates
- Weekdays before 5 p.m. and after 9 p.m.
- Includes weekends and holidays [tooltip text="Holidays include:
New Year's Day (January 1)
Memorial Day (last Monday in May)
Independence Day (July 4)
Labor Day (first Monday in September)
Thanksgiving Day (fourth Thursday in November)
Christmas Day (December 25)"]
Rate options
Customers can opt-in to three different rate options. Expand the sections below to learn more about each one.
Energy Wise Rates
This will be the new standard rate option beginning Oct. 1, 2025, with a few exceptions.
It includes on and off-peak periods.
Energy Wise Plus
This option is similar to Energy Wise but includes an even lower rate during off-peak "saver" periods, and a higher rate during critical peak events.
The off-peak "saver" period is 9 a.m. - 1 p.m., every day, including holidays.
Learn more Learn more
Seasonal fixed rate
This is a fixed rate option that does not have on or off-peak periods.
- Seasonal fixed rates are set higher than off-peak Energy Wise rates but lower than on-peak rates.
- Standard option for residential customers who do not have a smart meter.
- Rates will be higher in summer (June-September) and lower in winter (October-May).
Changes for commercial & industrial customers

Effective Oct. 1, on-peak and off-peak time periods for business customers will change to better reflect current demand.
Current |
Effective Oct. 1, 2025 |
Summer: April - September (11 a.m. - 6 p.m. weekdays) | Summer: June - September (5-9 p.m. weekdays) |
Winter: October - March (4-10 p.m. weekdays) | Winter: October - May (5-9 p.m. weekdays) |
Most industrial customers are already on a standard time-of-day rate.
Demand charges
Energy Wise rates include a demand charge for business customers with a maximum demand greater than or equal to 10 kilowatts. Demand charges better align with the cost of providing reliable electric service and the fixed cost of maintaining infrastructure.
Shift your usage, lower your bill


Questions & answers
What is the impact on bills?
The bill impact is determined by when customers use electricity. If you take measures to shift your usage of major appliances to lower-priced periods, you are more likely to see your bill decrease, or stay the same.
What does it mean for the Energy Wise rate to be the "standard" rate?
We will begin transitioning most existing and new accounts (with limited exceptions) to the standard Energy Wise rate in late 2025.
When will I be notified that my electric rate has changed?
How can I save money on the Energy Wise rate?
Examples: Start the dishwasher right before bed or first thing in the morning. Do loads of laundry and use your clothes dryer in off-peak hours or on the weekends.
During the summer, air conditioning systems are the biggest users of electricity. Reduce your use with a smart thermostat. Smart thermostats can adjust temperatures when you're away and allow you to control your thermostat from your smartphone. Turn off electronic devices when you aren't using them.
Why are energy prices in the summer higher?
In the hot summer months, demand for electricity is high, which means higher generation costs and higher prices. In the winter months, demand for electricity falls and prices do too.
Which holidays are off-peak?
- New Year's day (January 1)
- Memorial Day (last Monday in May)
- Independence Day (July 4)
- Labor Day (first Monday in September)
- Thanksgiving Day (fourth Thursday in November)
- Christmas Day (December 25)
Colorado Springs Utilities
It's how we're all connected.