customers can expect higher bills this month as the first of several planned rate increases goes into effect.
CPS Energy officials say that the rate increase will add an additional $3.84 to the average residential customer’s monthly bill. “Combined, the total rate increase costs would be approximately $5.10 for the average electric and natural gas residential customer,” said CPS Energy officials.Customers can find these charges on their monthly bill in the Service Availability Charge and Energy Charge sections for both electric and natural gas. The winter storm fuel costs will be included in the Fuel Adjustment Charge, which fluctuates monthly with the cost of fuel.
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