Xclio? Yuck.
Remember that PSUs are most efficient at/near the middle of their output range. (as wide as 20-80%) Below or above this, they aren't as good. If these PSU are equal at efficiency, and most of your load is around 200, then the 550W PSU should be cheaper to run then the 750W. If the Xcilo is supposed to be even more efficient however, it should drop your bill, not raise it.
It is the holiday season, any chance its just the lights?