WE Energies Says No Power Rate Hike for 2017

OAK CREEK — Consumers might not have to deal with higher electric or natural gas rates in 2017.

According to Milwaukee Journal Sentinel Reports, WEC Energy Group, the parent company of WE Energies, filed a request with state regulators this week declining a rate increases for the coming year.

WE Energies has said rates had escalated over the years for a variety of reasons, primarily to cover the $2.3 billion coal-fired power plant in Oak Creek and the natural gas plant in Port Washington.

Environmental controls to cut mercury and other toxic elements also drove cost increases, WE Energies has said.

Critics say Wisconsin energy rates are too high and that WE Energies should actually be seeking a price decrease to bring their rates in line with regional averages.

Map Source: U.S. Energy Information Administration

You can read more from the Journal Sentinel, including why a rate increase was not requested for 2017, and the voice of several strong critics of WE Energies, who believe rates are too high already.

______________________

Get Patched In:

Stay up-to-date with Metro Milwaukee News with Patch! There are many ways for you to connect and stay in touch: Newsletters and E-Mail Alerts | Facebook | Twitter