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Xcel Energy Seeks Texas Fuel Factor Rate Increase From September

Xcel Energy logoXcel Energy
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Xcel Energy filed a request with Texas state regulators to revise its fuel factors for electricity usage starting in September. If approved, it would affect only the fuel portion of customers’ rates in Texas, leaving non-fuel base rates unchanged. Xcel projects an annualized bill increase of $7.96 and $120.3 million in annualized retail fuel and purchased power revenues.

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