Thought Your Electric Bill Was High Now, Just Wait!
Over the weekend, I received a mailout from Xcel. Let's just say this mailout made me scream, "aw, c'mon, really."
If you received this then you know what I'm talking about, if you didn't, then you might want to prepare yourself because it looks like starting in October your electric bill will get higher.
I don't know about you but my electric bills this summer have been outrageous and my pocketbook is taking a big hit and I'm not looking forward to it taking an even bigger hit right before the holiday season. The surcharge will be in place for 12 months, from October 1, 2022-September 30, 2023. The way the mailout explained that
A residential customer using 1,000 kilowatt-hours per month will incur an average surcharge of $10.39 per month or 7.8% for the months the surcharge is in effect.
According to my last Xcel bill I used 2037 kWh. Under the new surcharge, I would be paying about an extra $21 per month. I know $20 isn't a whole lot more, but for some, that's a lot of money. This particular net surcharge is connected to the tariffs approved by the Public Utility Commission of Texas Docket No. 51802. I don't understand all the legal mumbo jumbo in the notice mailed out all I know is our electric bills will include higher surcharges than normal for at least a year. Hopefully, after that year, these surcharges will disappear or our bills will just be raised to what we pay now.
I did reach out to Xcel for clarification or to at least put it in layman's terms, but as of the publish time, I had not received a response. If I do, I will update this article.
It's unfortunate that for most of the population, the cost of everything is rising, but the pay people are receiving isn't adjusting to the cost of living. Most of us are struggling to get by and living paycheck to paycheck. Some aren't that lucky and are having to make sacrifices. Hopefully, soon everything will level out including our utility bills. Families shouldn't have to decide between putting food on the table or having electricity.