You may not be using more electricity but your electricity bill could soon have another fee attached if Xcel gains approval for new charge.

This new and separate line-item charge is known as the Transmission Recovery Factor.  During the 2016 calendar year, Xcel says it invested more than $258 million in new and upgraded transmission lines and substations within Texas and New Mexico.

Through the new added fee Xcel hopes to recover $16.1 million to help cover the $258 million dollar investment.  The proposed cost to consumers would be an extra $2.11 for residential customers using 1,00 kilowatt-hours, or a 1.9% increase.  If approved by the Public Utility Commission the new charge will appear on your bill in late spring or early summer.

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