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Xcel Energy withdraws plans for fuel cost surcharge


Xcel Energy has notified the Public Utility Commission of Texas that it is withdrawing an application to start a temporary fuel cost surcharge on Texas customer bills, originally planned to begin Oct. 1 and run through Sept. 30, 2018.

The charge would have added an extra $1.48 per month to a residential bill of 1,000 kilowatt-hours.

“Our fuel accounts remain undercollected, but that deficit has narrowed enough since we announced the surcharge in June that we have decided it won’t be necessary to start the surcharge,” said David Hudson, president, Xcel Energy - Texas. “We will continue to watch the fuel account and make necessary adjustments if the deficit widens.”

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