Xcel Energy to pass on fuel savings to customers

Xcel Energy’s (NASDAQ: XEL) subsidiary, Southwestern Public Service Company, has filed an update with the Public Utility Commission of Texas (PUCT) that would lower the fuel portion of electric bills for Texas customers. The updated fuel rate reflects both lower fuel costs and changes in how electricity is generated across the system.Residential customers using 1,000 kilowatt-hours per...