Xcel Customers Across The Panhandle May Get a Refund.
Xcel Energy customers in Amarillo and the Panhandle could be seeing a credit on their bill soon.
The company filed a $16 million plan with the Public Utility Commission of Texas on Friday to credit the accounts of its Amarillo and Panhandle customers.
According to a news release, the bill credit is due to lower prices on natural gas, driving down the costs for the company to produce electricity.
If the refund is approved by the state, customers will see a one-time bill credit of $14.53.
The company previously issued a similar refund in January to the tune of $11.76 per customer.
Xcel also said customers should begin to see a reduction is their overall bill beginning July 1.
They also credit the lower fuel costs with these savings, in addition to anticipated savings from the newly activated Hale Wind Project. Read more about the project here.