Sunday, January 27, 2013

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

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percent increase in electric rates that would take effect inJanuaryg 2010. According to the filing by Romanm Draba, a We Energiea vice president, electricity rates would remain the samein 2011. Drabz request pointed out that in evaluatin g itselectric operations, a 6.1 percenty increased was justified, but the utility is limiting its request to $75 or 2.8 percent. The primary reasonsw for the rate hike, according the are the coal power plants under constructionh inOak Creek, higher pension and retiree health-care and an increase in transmission charges from Pewaukee-baserd (WIEG) is still reviewin g the details of We Energies’ regulatory said Todd Stuart, executive director of “We’ll obviously be looking to mitigate the rate impacrt on large manufacturers,” said Stuart.
“With the brutak recession, we can’t afford much of an increaswe when we’re competing in globa markets.”

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