in News Departments > FYI
print the content item

The Public Service Commission of Wisconsin (PSC) has approved an increase in We Energies' electric and natural gas rates. The approved amount, which was less than that requested by the utility, will help cover costs associated with meeting energy demands, renewable energy requirements outlined in 2005 Wisconsin Act 141, emissions control equipment and other environmental improvements, the company says.

The PSC set overall 2008 and 2009 electric rates for We Energies to increase by 3.4% for each year. In addition, a 2.1% increase for Wisconsin Gas Co. natural gas customers and a 0.7% increase for Wisconsin Electric Gas Co. customers was approved. The PSC also approved a 10.75% return on equity for We Energies.

The PSC will issue a written order to finalize the decision and the new rates become effective after the order is issued, but not before Jan. 1, 2008.


Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Renewable NRG_id1934
Navigant_id1983