Xcel Energy Files to Reduce Texas Customers Fuel Costs
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
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.
Xcel Energy today filed paperwork with the Public Utility Commission of Texas (PUC) and New Mexico Public Regulation Commission to seek approval for a fourth power generation unit at its Jones Generating Station near Lubbock.
Xcel customers won't have to worry about Arizona wildfires causing power outages, but their power company may help those who do. Read more comments from Xcel after the jump.
Xcel Energy has announced the recipients of grants for this cycle of the power company's grant program. Read more to find out what organizations were chosen.
Mayor Martin joined Chad and Rex and Friday's edition of LFN to discuss the city of Lubbock.