Xcel has received reports from customers about a new scam targeting customers in the Texas-New Mexico service area.
Teams will compete in the pole climb with a raw egg, the hurt-man rescue, and three mystery events.
The group says the contest is being orchestrated to inform customers about programs and services offered by Xcel Energy, including renewable energy and energy efficiency programs, as well as grants, service, and economic developments.
The perpetrators of the scam claim that the federal government is providing or applying payments to utility bills, and customers are told that they can make a utility payment by using a bank routing number supplied by the scam artists.
The Xcel Energy Foundation has awarded $221,000 in grant funding to 31 nonprofit groups in Texas and New Mexico.
Xcel Energy has announced that it is canceling a fuel-cost surcharge for its Texas electric customers six months early.
The savings will be over 3 percent for an average residential customer starting in April
If the fuel cost reduction is approved, Xcel Energy's Texas customers would see a 1.8 percent reduction in their bills later this year
The company says that the increases are anticipated as they cut back on coal-fueled power generation to come into compliance with a new EPA rule.
According to a statement from Xcel, increased electricity load coupled with a spike in customer demand this summer has led the company to depend more on natural gas-fueled power plants, causing an increase in the purchase of natural gas.