3 Wisconsin utilities propose electric rate hikes - WAOW - Newsline 9, Wausau News, Weather, Sports

3 Wisconsin utilities propose electric rate hikes

MADISON, Wis. (AP) -- Three Wisconsin utilities want state regulators to let them increase electric rates by several dollars for hundreds of thousands of customers.

Madison Gas & Electric wants to increase its fixed monthly rate from $10.44 to $19; We Energies wants to go from $9.13 to $16; and Wisconsin Public Service Corporation wants to jump from $10.40 to $25.

The utilities have said they'll drop hourly-use charges by a few cents, but that would not have a large effect on an overall electric bill under the proposed rates.

Renewable energy advocates say the proposals are designed to recoup revenue lost through conservation. The utilities say they want all customers to pay their fair share for maintaining infrastructure.

The Public Service Commission is expected to decide by the end of the year.

Powered by Frankly