Xcel Energy is seeking to increase its base rates, according to filing from the Public Utility Commission of Texas.
Xcel Energy is seeking to increase base rates for its users. According to the filings, Xcel Energy is seeking to raise the rate to incorporate $758 million in electric infrastructure upgrades. The upgrades include new power lines, substations and other various upgrades.
The request was also a result of costs related to delivering energy from current power plants, according to the filing.
Residential customers in Amarillo could expect an increase in service costs of about 14 percent in 2018 if the rate increase is approved.