Wisconsin Public Service Asks For Rate Request
Wisconsin Public Service electric customers are being asked to pay eight-percent more to keep their lights on next year.
The utility said today that it asked state regulators for a rate hike that would charge the average residential customer six-dollars more per month.
WPS' Rate Case Consultant Pat Campshure says there are several different reasons for the rate increase...
"....there's a one-time refund to customers which had the effect of keeping electric rates flat for 2014, we have increased fuel costs for power plants, increased transmission costs, increased reliability by converting overhead distribution lines to underground and there's always general inflation...."
Wisconsin Public Service is also looking to reduce its natural gas rates by one-half percent. It would save the average dweller about 34-cents each month. The state's utility regulating body will evaluate the company's request, and approve final rates near the end of the year.
(Thanks for help Wheeler News-Learfield Data)