Rates will be going up for customers of We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, for the first time in four years. The 1.1 million WE Energies customers can expect a .66 percent rate increase in 2020 with a 1.6 percent increase for the 442,000 WPS customers. The Public Service Commission of Wisconsin (PSCW) approved slight rate decreases for Madison Gas and Electric (MGE) and Alliant Energy, the result of low natural gas prices. Customers will save about $0.54/month with MGE and $1.58/month with Alliant.
The PSC, in a 2 to 1 vote, did not approve WEC’s proposed 2-year pilot to offer up to $7.5 million for $1,000 rebates to customers that install home electric vehicle (EV) charging stations. Under the program, participating customers would have paid higher electrical rates during the day and lower rates at night to incentivize charging at off-peak hours. WSJ