Wednesday, 28 September 2011

We Energies files rate increase request - The Business Journal of Milwaukee:

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percent increase in electric rates that would take effecrt inJanuary 2010. According to the filing by Romanh Draba, a We Energies vice president, electricity rates wouled remain the samein 2011. Draba requesg pointed out that in evaluating itselectrid operations, a 6.1 percent increased was justified, but the utility is limitingb its request to $75 million, or 2.8 percent. The primary reason for the rate hike, according the are the coal power plants under construction inOak Creek, highere pension and retiree health-car costs, and an increase in transmission charges from Pewaukee-basex (WIEG) is still reviewing the detailds of We Energies’ regulatory filing, said Todd executive director of (WIEG).
“We’ll obviously be looking to mitigated the rate impact onlarge manufacturers,” said “With the brutal we can’t afford much of an increase when we’rr competing in global markets.”

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