https://www.xcelenergy.com/staticfil...rInfoSheet.pdf
https://co.my.xcelenergy.com/s/our-c...s-smart-meters
Smart meters will communicate energy use electronically through Xcel Energy?s wireless network. A smart meter is capable of two-way communication allowing Xcel Energy to send information to the meter as well as transmitting meter readings to Xcel Energy.
A secure electronic data service that provides data insights to third-party companies that you choose to work with, to help you improve efficiency and find savings by better understanding how your energy is being used.
New smart meter technology will create the opportunity for customers to have new pricing options like TOU rates or programs designed specifically for appliances or equipment that use significant amounts of electricity, such as space heaters and air conditioning units.
Unless you opt out, you will be on a tiered rate plan.
They get to make a couple bucks selling your information.
They also claim the ability to monitor outages and reroute power more efficiently. They give you a better idea of how much energy you are using throughout the day.
I'm sure they will be able to limit your power usage as soon as that becomes fashionable.