Clean Wisconsin Files Brief Urging PSC to Reject We Energies Rate Settlement
On Thursday, Clean Wisconsin attorneys filed a brief with the Public Service Commission (PSC) calling on commissioners to reject a proposed settlement agreement in the We Energies rate case. The company wants to raise electric bills for residential customers by 13% and gas bills by as much as 13.8%. The residential rates are significantly higher than those the company had proposed when the settlement was reached.
“This lack of information undoubtedly hindered the settlement process and final product,” noted Clean Wisconsin in the brief.
Clean Wisconsin is also calling on the PSC to lower the company’s profit margin, which is built into the rate hike. We Energies’ parent company made net profits of more than $1.3 billion in 2021.
Read the full brief filed with the Public Service Commission here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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