MINNEAPOLIS (WCCO) — People will soon start noticing a credit on their next electricity bill.
Xcel Energy says most of its $136 million gain from last year’s federal tax act will go directly to its customers.
It means someone who pays between $85 to $90 per month will get a refund of about $45 as a one-time bill credit.
Someone who pays around $48 or less will see about $8.
The Minnesota Public Utilities Commission voted unanimously to distribute the money.
Xcel says refunds should be made by the end of the year.