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Stock impact report

Regulators set Superior utility rate increases [Yahoo! Finance]

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Yahoo! Finance
in a 1.4% increase in electric rates, 15.57% increase for natural gas, and 10.85% increase for water. The average residential customer can expect to see a total increase of about $22 per month. The rate hikes will take effect on January 1 and are intended to support continued investments and upgrades to the company's systems, ensuring safe and reliable services for customers. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Dec. 13—SUPERIOR — The Public Service Commission of Wisconsin issued its final order on proposed utility rate increases Thursday, Dec. 12. After making reductions to Superior Water, Light and Power's proposed revenues, customers are still going to pay more. SWL&P proposed increasing revenues by about $7.3 million through increases of 2.2% for electricit Show less Read more
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