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'Unreasonable': Dozens of residents testify at meeting decrying proposed We Energy rate increases [Yahoo! Finance]

WEC Energy Group, Inc. (WEC) 
Last wec energy group, inc. earnings: 1/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: wecenergygroup.com/invest/investor.htm
Company Research Source: Yahoo! Finance
For more than 90 minutes on Monday at the Drury Plaza Hotel, dozens of people came forward both in-person and virtually to express their frustrations with the proposals. With the exceptions of a few union officials who touted the possibility of increased work opportunities for members, virtually everyone who testified urged the Public Service Commission not to approve the rate increase. WEC Energy Group, commonly known as We Energies, is proposing a 9.2% rate increase for most residential customers in 2025 , followed by an 8.5% increase in 2026. If the increases are approved by the Wisconsin Public Service Commission, the typical monthly residential electric bill would rise from around $128 to $152. Residents can submit comments online to the PSC through Oct. 7 before the committee makes an official ruling. Public hearings have been already been held in Racine and are scheduled for Oct. 10 near Green Bay. State. Sen. Chris Larson, D-Milwaukee, asked the PSC to deny the rate i Show less Read more
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