Monday, May 2, 2011

Wisconsin Public Service seeks electricity and natural gas rate increase for 2012

From a news release issued by Wisconsin Public Service:

Green Bay, WI - Wisconsin Public Service Corporation (WPS), a subsidiary of Integrys Energy Group (NYSE:TEG) today filed a limited request for new electric and natural gas rates with the Public Service Commission of Wisconsin (PSCW). The items included in the request are consistent with the final decision the company received as part of its 2011 rate order from the PSCW authorizing WPS to make a filing for 2012 for recovery for changes in costs in a few limited items.

The WPS request is for a 3.5% overall increase to electric rates and a 0.3% increase in natural gas rates. If approved, the request would result in monthly increases of $2.33 for typical residential electric customers using 630 kilowatt-hours and $0.42 for typical residential natural gas customers using 756 therms annually.

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