Rate cases pending, plus interruptions are more likely this year
Posted April 28, 2022Categories: Uncategorized
WEPCO filed for a base rate case seeking an 8.4% increase in 2023. WPSC filed for a rate case seeking a 6.2% electric rate case. MGE has a rate case limited reopener with an average proposed electric increase of 4.4%. In addition, rising natural gas prices and conditions in the regional market will have a significant impact on Wisconsin’s industries. WIEG is currently forming ad hoc intervention groups to mitigate the rate increases and advocate for favorable cost allocation and rate design for large customers.
Coalition efforts to block passage of monopoly construction legislation
Posted March 15, 2022Categories: Uncategorized
WIEG helped build a coalition to defeat this anti-competition, anti-consumer legislation in the 2021-2022 session. Although the bills failed to advance out of committee, we need to keep this coalition together as utilities may try to revive the bill in 2023.
WIEG is currently negotiating three rate cases (WPL, NSPW and MGE)
Posted May 7, 2021Categories: Uncategorized
MGE, Alliant seek electricity rate hikes for 2022 as tax savings exhausted.
As coal plants close, advocates want relief for Wisconsin ratepayers
Posted February 25, 2021Categories: Uncategorized
Customer advocates encourage securitization or other creative financing for stranded assets.
Alliant says it will close the coal-fired Columbia Energy Center by 2024
Posted February 2, 2021Categories: Uncategorized
Now that we have an example of a Wisconsin utility implementing environmental trust bonds, we recommend the strong consideration of securitization or other creative financing tools when a large power plant is shut down. Avoiding rate increases helps our economy overall and helps our manufacturers remain competitive in global markets.
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