Why homeowners are responsible for many parts of their electrical system [Video]

DENVER (KDVR) — Xcel Energy customers are receiving information from a national home repair service plan provider that is offering coverage on electrical system components that may be affected by aging and wear and tear.

Many homeowners are not aware that they actually own part of their electrical system used by Xcel to deliver power. Repairs can result in a hefty bill.

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“I need less bills at my age,” said one resident.

Mailers are being sent to Xcel customers by HomeServe offering repair cost coverage for a $5.99 monthly fee.

In a statement provided to FOX31 Xcel Energy said, “… as our customers’ trusted energy provider, the letter is meant to explain the protection plan’s value to customers – to minimize unexpected repairs on the customer side of the electric and natural gas meters.”

Xcel told FOX31 that homeowners are responsible for their weatherhead, insulator, riser, meter base and service entrance conductor.

HomeServe is the nationwide …