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NSP LOOKS TO RAISE RATES
Tuesday, August 3rd, 2010 -- 12:23 pm
Posted by Riley Hebert-News Director
Northern States Power Company-Wisconsin, an Xcel Energy company, has filed an application with the Public Service Commission of Wisconsin (PSCW) for an increase of
$29 million (5.4 percent) in electric base rates effective Jan. 1, 2011.
The application is limited to higher costs in 2011 associated with long-term investments in cleaner energy sources, new transmission infrastructure and higher fuel and purchased power costs, and does not include any general, administrative or operating expenses.
Under this proposal, a typical residential electric customer would see an increase of $3.66 per month. Increases for commercial and industrial customers will be 4.5-7.0 percent, depending on rate classification and usage levels.
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