Skip to main content

Xcel Energy seeks another rate hike in Wisconsin

  • Author:
  • Updated:
    Original:

Xcel Energy is seeking a 6.5 percent increases in electric rates for its Wisconsin costumers, the Milwaukee Sentinel Journal reports.

The Star Tribune says this would be the Minneapolis-based utility's fourth consecutive and largest rate hike in that state since 2009.

A typical residential electric customer would see an increase of about $6.50 a month starting in January if it's approved by the three-member Wisconsin Public Service Commission.

Xcel is also looking to bump natural gas rates by 3.8 percent, which would result in an extra $2.50 a month for a typical residential customer.

“We continue our long-term plan to modernize our infrastructure to provide safe, reliable and clean energy to meet the needs of our customers and communities,” Mark Stoering, president and CEO, Northern States Power Company-Wisconsin, an Xcel Energy company, said in a news release. “These investments in baseload power plants, including our carbon-free nuclear plants, will allow continued operations for many years to come. Also, our transmission investments in northern and western Wisconsin represent significant infrastructure additions in this part of the state and will bring economic benefit and jobs to local communities during construction.”

The projects include include new substations in La Crosse, Eau Claire and Fall Creek, upgrading transmission lines around Cedar Falls, Ladysmith, Park Falls and Ashland, installing new transmission lines near Stone Lake and adding additional capacity to substations in Menomonie and Viroqua.

A decision on the rate request is expected by the end of the year.

In Minnesota, Xcel is asking the Minnesota Public Utilities Commission for an 8.2 percent rate hike, which is lower than the previous request of 10.7 percent.

Next Up

boyd huppert

Boyd Huppert, Twin Cities TV stations among Murrow Award winners

The KARE 11 personality known for his 'Land of 10,000 Stories' feature was among the national winners.

Bar beer

Study: Excessive drinking cost Minnesotans almost $8 billion in 2019

The study was published by the Minnesota Department of Health Thursday.

Disney+

Price of Disney+ is going up, unless you want ads

The ad-free version of Disney+ will increase from $7.99 per month to $10.99 per month, effective Dec. 8.

SuspectsWantedMOAShooting

Mall of America shooting suspects arrested in Chicago

The two suspects were spotted leaving a barber shop.

Flickr - minneapolis police officer close-up belt camera - Tony Webster

Walz: Increased state law enforcement presence to stay in Twin Cities

A multi-agency effort to curb crime will go on until further notice.

SuspectsWantedMOAShooting

Bloomington PD to provide update on Mall of America shooting investigation

There's unconfirmed reports the suspected gunman and an accomplice have been arrested.

Screen Shot 2022-08-11 at 3.14.27 PM

Motorcyclist found dead behind guardrail 6 hours after crash

The crash happened before sunset Wednesday, but no one called 911.

Screen Shot 2022-08-11 at 2.49.44 PM

Strike vote set for 15,000 Minnesota nurses

If the nurses walk off the job, Minnesota would be home to one of the largest nurses strikes in U.S. history.

DSC_8611

Iowa Gov. asks court to lift injunction on 'heartbeat' abortion ban

A court challenge seeks to revive Iowa's abortion ban.

zipper merge, construction

6 transportation projects in Minnesota get $100M federal funding

The projects extend to areas all across the state.

covid

Minnesota's COVID-19 update for the week ending Tuesday, August 9

The number of cases in the latest reporting period dropped compared to the previous week's update.

Related