Can Xcel Energy shut off my power legally?

I've been paying Xcel Energy bills on time for a decade. Recently, they would like to upgrade the electric meter from the existing one to a smart meter. However, our cables are tight so that there's no easy way to do this upgrade. We have to replace the whole power panel, which is extremely costly. Since the existing electric meter works perfectly fine so far, can we keep it as is? Can Xcel Energy legally shut off the power to my house because of this upgrade issue? It's fine if they want to charge a bit more, but I don't want to be forced to use the smart meter.

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