New Mexicans continue to suffer through high electric bills
High electric bills are taking a toll on New Mexicans amid hot July weather, driving up air conditioning usage. Customers of electric companies like PNM and Xcel Energy are witnessing unusually high bills, with air conditioners accounting for up to 50% of summer bills. PNM customer Peggy Abby expressed her shock at the substantial increase in her bill, telling KOAT 7 News, “I have never seen one this high! $453, it’s never even been $100.”
The high temperatures have led to increased electricity consumption, resulting in elevated bills for many households. Wes Reeves, a spokesperson for Xcel Energy, acknowledged the challenges faced by customers, emphasizing that despite efforts to reduce prices to $0.11 per kilowatt hour, usage spikes can still lead to higher costs.
Xcel Energy has introduced flexible payment options, such as “Flex Pay,” which allows large bills to be spread out over six months.
PNM and Xcel Energy have both established resources to support customers struggling to manage their bills. Options like “Average Billing” enable even distribution of costs throughout the year, and PNM’s newly introduced “PNM Summer Heat Bill Fund” offers assistance to customers, regardless of whether they are currently behind on payments. Eric Chavez, a PNM spokesperson, emphasized the company’s proactive approach to providing aid to customers, with the goal of helping as many people as possible.
To further assist customers, PNM has launched the “Gift of Power,” allowing individuals to pay the bills of others in need. Additionally, PNM has created a fund named the “PNM Summer Heat Bill Fund,” designed to offer aid to customers even if they are not currently behind on their payments. Income restrictions do apply for those planning to apply for PNM’s funds.
In light of the financial burden caused by the high bills, both electric companies encourage customers to seek assistance rather than attempting to manage the situation on their own. PNM directs customers to their website, pnm.com/assistance, and Xcel Energy emphasizes the importance of communication, urging customers to reach out if they face difficulties.
In the coming winter months, New Mexicans can also expect high costs, with anti-energy leftist policies passed at the Roundhouse and dictated by the Joe Biden administration, forcing the cost of gas to skyrocket. As we previously reported, the New Mexico Gas Company requested another rate hike from the state Public Regulation Commission not even one year after the last one.
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