Hearing on electric rate increase scheduled for May 12
For Hub City Times
MARSHFIELD — Marshfield Utilities is seeking to increase electric rates for the first time since 2012. The increase is necessary to reflect changes in operating costs, capital improvements during the last five years, and to adjust the rate tariff structure. The rate increase request was filed with the Public Service Commission of Wisconsin (PSCW) in July 2016.
The PSCW has performed a cost of services study to determine the amount of the rate increase. The total proposed increase in electric revenues for all rate classes is $834,751, which will result in an estimated overall rate increase of 2.81 percent over the electric utility’s present retail revenues. If the request is granted, the electric bill for an average residential customer who uses 682 kilowatt hours per month will increase from $65.45 to $65.56, or 0.16 percent.
Marshfield Utilities welcomes input from its customers, who will have a chance to address the PSCW during a rate case hearing scheduled for May 12 at 9:30 a.m. at Marshfield Utilities, 2000 S. Central Ave. in Marshfield. Customers can also submit comments at the PSCW’s website, in writing, or by mail.