WEC Energy Group is seeking approval from state regulators to increase its electric rates between 5% and 6%, or about $60 to $72
Apr 30, 2022 ·
2m 58s
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Description
The increase will affect We Energies customers and WPS customers. The last time WEC Energy Group asked for a rate increase was in 2019. The average We Energies residential customer...
show more
The increase will affect We Energies customers and WPS customers. The last time WEC Energy Group asked for a rate increase was in 2019.
The average We Energies residential customer currently pays about $109 per month, up about 14% from 2011.
The average WPS customer pays about $92 per month, up about 19% from 2011. The national average is $122 per month.
Even with this request, when you look at us, versus our peers, even with this request, our bills will remain below the national average and in line with the Midwest average," Bert Garvin, executive vice president of external affairs, said in an interview with the Milwaukee Journal Sentinel.
In addition, We Energies natural gas customers would see a small increase in their monthly bills in 2023 as part of the plan. Bills for We Energies steam customers in downtown Milwaukee would remain relatively flat in 2023.
The Public Service Commission will determine the actual rate increase after reviewing the application and holding a hearing, which will be scheduled for a later date.
show less
The average We Energies residential customer currently pays about $109 per month, up about 14% from 2011.
The average WPS customer pays about $92 per month, up about 19% from 2011. The national average is $122 per month.
Even with this request, when you look at us, versus our peers, even with this request, our bills will remain below the national average and in line with the Midwest average," Bert Garvin, executive vice president of external affairs, said in an interview with the Milwaukee Journal Sentinel.
In addition, We Energies natural gas customers would see a small increase in their monthly bills in 2023 as part of the plan. Bills for We Energies steam customers in downtown Milwaukee would remain relatively flat in 2023.
The Public Service Commission will determine the actual rate increase after reviewing the application and holding a hearing, which will be scheduled for a later date.
Information
| Author | APEX |
| Organization | IAN C JORDAN |
| Website | - |
| Tags |
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