WisBusiness: PSC Approves 11 Percent Rate Hike for Xcel
By Brian E. Clark
WisBusiness.com
MADISON – The state’s Public Service Commission on Thursday approved an 11 percent electricity rate hike for Xcel Energy, which serves much of northwest Wisconsin. The company had requested a 15 percent hike.
The commission also granted a 2.5 rate boost for natural gas, half of what Xcel wanted. Both increases should go into effect in...