Xcel to refund $39.4 million in Texas fuel costs
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Falling natural-gas prices, new wind farms make electricity production cheaper
AMARILLO—Xcel Energy customers in Texas will receive a one-time, $39.4 million refund in their June billing cycle related to a continued drop in prices for power-plant fuel and the increased use of low-cost wind-energy resources.
If approved by the Public Utility Commission of Texas, Texas residential customers using 1,000 kilowatt-hours a month would see a bill credit of $35.60 bas...