Proposed Xcel Energy Rate Increase - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Proposed Xcel Energy Rate Increase

NewsChannel 10
By KFDA Assignments Desk

Amarillo, Texas - You could see an increase in your electric bill later this year if a proposed rate increase is approved.  Xcel Energy says they filed for the increase Monday to help for more power lines, substations, and workforce to keep up with current demand.

For residential customers, you could expect to see about a 10% increase on your bill, and commercial customers would see a 2% increase.
  
The final ruling on if the proposed rate would be put into effect could take up to nine months.

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