We Energies to Increase Rates by $60.5 Million

by preferred on March 24, 2010

Under Wis. Admin. Code § PSC 116.07, an extraordinary rate increase can be granted only if the utility’s average cost of fuel under Wis. Admin. Code § PSC 116.03(9) is an extraordinary increase in the cost of fuel to the extent the actual monthly fuel costs exceed the ranges set in its rate proceeding and the annual fuel costs will be affected so as to exceed the annual range.
Despite intervenor objections, the PSCW granted We Energies’ request to increase rates to compensate for the cost of fuel. The increase is granted, subject to refund with interest.

Docket 6630-FR-102


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