MILWAUKEE, Wis. (WRN) — A Wisconsin utility looks to raise rates for the third time in three years.
We Energies spokesperson Brendan Conway tells Fox 6 Milwaukee most of that rate increase would cover the costs of previously approved new power plants.
“As we’re closing our older, less efficient fossil fuel plants we’re building this new renewable generation other low carbon generation, we expect a long-term customer savings of about $2 billion over 20 years.”
The higher rates would also be used to prevent outages through burying power lines and cutting down problem trees near lines on poles. The average home served by We Energies would see their bill for power and gas go up by a combined 18 dollars.
The state’s Public Service Commission will hold public hearings later this year and decide on the rate hike by year’s end.