Xcel Energy (Southwestern Public Service Co.) has filed a rate-case application with the Public Utilities Commission of Texas, seeking to boost annual revenue by a net of $64.75 million. Under the proposal (Docket 43695), the average residential customer’s monthly electric bill would rise by $9.14 (8.2%). For Residential Service, Xcel has proposed raising the monthly fixed charge from $7.60 to $9.50, while raising seasonal energy charges by 10% to 15%. For Secondary General Service, Xcel wants to raise the monthly fixed charge from $26.76 to $32.20.
Xcel has also requested permission to reduce the value of Texas-generated bundled RECs from $1.10 to $0.95. Under a stipulation currently pending before the PUCT (Docket No. 42004), the value of Texas-generated bundled RECs would drop from $2.55 to $1.10, effective on June 1, 2014.