HomeWattCost

Xcel Energy A01 vs A02

For a typical Minnesota home using 742 kWh a month, A01 is cheaper by about $39 a year ($130 against $133 a month). A01 stays cheaper at every level of use from 200 to 2,500 kWh a month with the same daily pattern of use.

Utility Xcel EnergyTariffs checked 2026-09-28Typical use 742 kWh/mo, Minnesota

Head to head

ScenarioA01A02Cheaper
Typical home, per month$130$133A01
All-in price per kWh17.5¢18.0¢A01
Home + EV, charged at the cheapest hour$175$158A02
Home + EV, plugged in at 6 pm$175$196A01
Fixed charge$8.70$8.70

Typical home: Minnesota average use by month (EIA), shaped hour by hour (NREL ResStock), before taxes. EV: Tesla Model Y Long Range AWD, 1,000 miles a month; cheapest start any hour on A01, 12 am on A02.

Month by month

Typical-home bill each month on each plan.

PlanJanFebMarAprMayJunJulAugSepOctNovDec
A01$142$122$118$109$110$139$186$156$126$107$107$141
A02$141$119$116$108$115$147$197$165$132$108$107$143

A01: price by hour

July weekday.

Same price all day
18.2¢12a3a6a9a12p3p6p9p12a

A02: price by hour

July weekday.

Off-peakPeak
9.6¢32.3¢9.6¢12a3a6a9a12p3p6p9p12a

How the two plans work

A01: Residential Service

  • One price per kWh at every hour: 18.2¢ in July and 15.0¢ in January.
  • Shifting use to other hours changes nothing on this plan; using less is the only lever.
  • Fixed charge: $8.70 a month.

A02: Residential Time of Day

  • Peak 9 am–9 pm on July weekdays; 12 of 24 hours carry the top price of 32.3¢.
  • The cheapest July weekday hour costs 9.6¢, so moving 1 kWh out of the top hours saves 22.7¢.
  • January weekdays range from 8.2¢ to 26.0¢.
  • Weekends follow a different schedule from weekdays.
  • Fixed charge: $8.70 a month.

Your own pattern of use decides the winner: compare every Xcel Energy plan on your usage, or see all Xcel Energy plans, sources and peak hours.