Colorado Electric Customers to See Refunds From Excel Energy!
Hey Colorado! Get set to see SOME relief in your electric bill from Excel this summer!
Since Excel Energy saw customer growth in Colorado as well as lowered costs, they are rebating 45.7 million dollars!
In a news release Wednesday, Minneapolis-based Xcel said it was proposing to Colorado's utilities regulator that the credit be in effect for a year beginning Aug. 1.
Xcel says customers in Colorado would see a 1.5 percent reduction in bills, or about $1.17 a month for typical residential customers and $2.33 for typical small-business customers.
Sure, it’s only 1.5%; but any excuse to cool the house down a little bit more this summer-- I’ll take it!