The FedGov and the StateGov are forcing utilities to move away from coal-fired electricity generation and to install horribly inefficient but very expensive windmills, sun-catchers, and Majik Rainbow Sparklefarts instead.
So YOU get the shaft.
The Public Service Commission of Wisconsin on Thursday agreed to a rate increase of 10.9% for residential electric service. The panel adopted a staff recommendation that was lower than the 13% increase sought by We Energies, but higher than the amount sought by consumer advocates....
... natural gas costs will go up 6.2%, or about $47 a year, for residential customers of Wisconsin Gas, which serves the city of Milwaukee, its western and northern suburbs and Ozaukee and Washington counties. Wisconsin Electric Gas Operations customers in the southern suburbs and Waukesha, Walworth, Racine and Kenosha counties will pay about 9.5% more for gas service. That adds up to an estimated $63 in additional annual gas costs....
As usual, the lowest-income people will be hit hardest.
By the way, the utilities were also screwed:
...the commission set the utility's profit limit at 9.8% for both its electric and gas operations, a reduction from 10.2% and 10%, respectively....
And:
...Other changes resulted in a $65.5 [sic] reduction of We Energies' revenue requirement, the amount it needs from ratepayers to cover its operating costs, according to a memo prepared by PSC staff....
We think that "$65.5" means "$65.5 million" (but who knows?)
That's the Green New Deal!! Vote Democrat again, fools!!
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