We Energies and WPL Ordered to Refund Ratepayers

by preferred on April 16, 2009

In two separate decisions today, the PSCW ordered We Energies to refund a $20.6 million overcollection of 2008 fuel costs, including interest at 10.75 percent through May 2009 over actual sales from April 2008 through December 2008. This amount includes accrual and fuel rules treatment of RSG revenues in 2008. The PSCW also ordered WPL to refund a $12.5 million overcollection of 2008 fuel costs, including interest at 10.80 percent through May of 2009 over actual December 2008 sales. This amount also includes accrual and fuel rules treatment of RSG revenues in 2008.
Energy Utility Rate Setting

Leave a Comment

Previous post:

Next post: