Wednesday, February 11, 2009

WPS asks to give customers $5 million refund

An article in the Appleton Post-Crescent:

Green Bay-based Wisconsin Public Service Corp. is seeking regulatory permission to refund $5 million to its electric customers.

The utility said today it filed the request with the state Public Service Commission.

The utility says the refund is necessary because of lower fuel costs during the last half of 2008 and lower expenses to purchase power.

WPS says the refund for the typical residential customer will be about $3.36.

If approved by the PSC, the utility says the refunds will be made in the March and April bills.

The company serves almost 430,000 electric customers in northeastern and central Wisconsin and part of Upper Michigan.

No comments: