Public Service Commission Chairperson Phil Montgomery, Commissioner Eric Callisto and Commissioner Ellen Nowak agreed last week to cut rates for the vast majority of Wisconsin Public Service (WPS) Corporation customers.
In their initial application WPS requested an electric rate increase of $60 million, or 6% above their current rate. That same application requested an increase to the natural gas rate of $14 million, or 4%.
The decision made by the commissioners instead froze rates for large industrial customers. At the same time, rates for residential customers and many business customers have been decreased by up to 2%.
“While we understand and respect Wisconsin