May 21, 2013

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Reporter: Associated Press

WPSC Agreed to Electric Freeze Rate

GREEN BAY, Wis. (AP) -- Wisconsin Public Service Corp. has agreed to freeze electric rates and slightly decrease gas rates next year.

The Citizens Utility Board and the Wisconsin Industrial Energy Group opposed a proposed 9 percent increase in electric rates and a nearly 4 percent gas rate the Green Bay utility proposed earlier this year.

WPSC says the freeze is possible by increased electric sales, decreased fuel costs and retaining a $19 million refund to customers. The Stevens Point Journal says the utility is expecting approval from state regulators within six weeks.


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