(WTAQ-WLUK) — We Energies electric customers will see a credit on their accounts soon.
The utility company announced its electric customers will receive more than $32 million in bill credits due to lower-than-expected fuel costs.
Credits will be based on electricity used in October and will appear automatically on customers’ October or November bills, based on their billing cycle.
A typical residential customer will receive a credit of about 2 cents per kilowatt-hour for electricity.
For example, a residential customer who uses 660 kilowatt-hours during the month will receive a credit of approximately $13.60.
A typical residential customer will receive $13 to $14 in credit.
For Budget Billing customers, the credit will be included in the next account review comparing actual cost to estimated cost.
Energy for Tomorrow customers will receive the credit to the portion of their electricity bill that is not supplied by the Energy for Tomorrow program.
