Xcel Energy Gives Back With $130 Million in Customer Refunds

MINNEAPOLIS (WJON News) — People could soon see some relief from their energy bills. Xcel Energy says it is starting to send more than $130 million in refunds to its customers thanks to federal tax credits the company generated from its nuclear plants at Monticello and Prairie Island.

North Dakota residents will see an average refund of $2.05 a month.

The average refund for residents in Minnesota is expected to be around $2.46 per month over a nine month period starting on Wednesday. The total refund in Minnesota is $83.1 million.

Xcel Energy President for Minnesota, North Dakota, and South Dakota, Bria Shea, says both nuclear plants are critical to the region’s energy security, and combined,…..

Story continues

TRENDING NOW

LATEST LOCAL NEWS