Xcel Energy asks for a 6.7 rate increase from PSC
A utility that serves about the northwest quarter of Wisconsin has asked state regulators to approve a 6.7 percent electric rate increase.
Xcel Energy says the typical residential customer would pay about six-dollars more per month, if the Public Service Commission approves the entire rate request. The firm is seeking $39-million - most of which would pay for projects to make the electric transmission system more reliable. Some of the revenue would also go to X-cel Energy's two nuclear power plants. The company also wants to raise its natural gas rates by about five-percent, or 3.17-a-month for the average home customer. That increase would raise an extra five-million dollars.
Xcel Energy is based in Minneapolis, and provides service in eight states.