(Source: Milwaukee Journal Sentinel)
A utility watchdog group received more than $253,000 in funding Thursday to hire expert witnesses who will testify about more than $300 million in power price increases sought by several Wisconsin utilities, including We Energies.
The Citizens' Utility Board received
more than $93,000 in funding from the state Public Service Commission
for We Energies' proposal to increase electricity rates by $126 million
in 2010. The group also received $99,000 for a pair of rate cases
involving the Green Bay electric utility Wisconsin Public Service Corp.
The remainder will be spent in rate cases involving two Madison-based
utilities...
Several of the price increases are controversial this year because utilities are asking for permission to raise rates in part because power sales are declining. That's a main factor in the increase proposed by Wisconsin Power & Light Co. of Madison and a key factor driving the proposed We Energies increase.
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