Wisconsin’s Citizens Utility Board is asking state regulators to limit the profits for some of Wisconsin’s largest utilities.
CUB yesterday asked the state’s Public Service Commission to hold the line on rate hike requests from Alliant Energy, Xcel Energy, and Madison Gas and Electric. All three utilities have hearings before the PSC next week, and all three are asking to charge customers more. CUB’s Steve Kihm says state regulators need to think about customer affordability, and not just a return on investments for the big power companies.
