Point Beach owner seeks to run Wisconsin’s last nuclear plant for 80 yearsPosted November 18, 2020
Under the agreement, the utility is paying $52.66 per megawatt-hour this year, about 1.8 times the average wholesale price for electricity in the Midwest, according to data from the Energy Information Administration. By 2033, the cost rises to $122.45 per megawatt hour. The utility has agreed to work with consumer advocates and regulators to review the contract, which it cited earlier this year as the driving factor for a rate increase.
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