WPSC agreed to electric freeze rate - WAOW - Newsline 9, Wausau News, Weather, Sports

WPSC agreed to electric freeze rate

Posted:
GREEN BAY (AP) -

Wisconsin Public Service Corp. has agreed to freeze electric rates and slightly decrease gas rates next year.

The Citizens Utility Board and the Wisconsin Industrial Energy Group opposed a proposed 9 percent increase in electric rates and a nearly 4 percent gas rate the Green Bay utility proposed earlier this year.

WPSC says the freeze is possible by increased electric sales, decreased fuel costs and retaining a $19 million refund to customers. The utility is expecting approval from state regulators within six weeks.

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