Xcel Energy files $53 million customer refund in Texas
AMARILLO—Xcel Energy submitted a proposal to refund $53.3 million in fuel costs to Texas customers that will result in a one-time credit against electricity charges during the December billing cycle.
If approved by the Public Utility Commission of Texas (PUCT), customers will receive billing credits based on the amount of electricity a customer uses during December. Residential customers using 1,000 kilowatt-hours a month, for example, would see a total bill credit of $36.84. The refund could be spread over two months depending on when a customer’s meter is read.