Xcel Energy files $53 million customer refund in Texas

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Falling natural gas prices reduce cost of electricity production at area power plants

AMARILLO, Texas (Oct. 7, 2024) – 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. Resident…