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Electric rate hike, natural gas rate drop being sought by WPS

GREEN BAY, WI (WTAQ) - Electric customers in northeast and north central Wisconsin are being asked to pay eight-percent more to keep their lights on next year.

The Wisconsin Public Service utility said Tuesday that it asked state regulators for a rate hike that would charge the average residential customer $6 more per month.

In a statement, Public Service noted that its electric rates have been relatively unchanged since 2008, due mainly to lower fuel costs in producing its power. Officials say those fuel costs are now higher.

The utility says it also needs extra revenue to cover higher transmission costs and adding more underground power lines.

Public Service is also looking to reduce its natural gas rates by one-half percent. It would save the average dweller about 34 cents each month.

The state's utility regulating body will evaluate the company's request, and approve final rates near the end of the year.

(Story courtesy of Wheeler News Service)