We Energies rate hike approved by Wisconsin regulators

We Energies customers will see their bills increase after the Public Service Commission approved a rate increase on Thursday. The decision came during a meeting that settled on a rate hike that We Energies stated would be lower than originally proposed.Rate hike Thursday’s Public Service Commission meeting spanned more than 10 hours with multiple breaks before the three-person body reached an agreement.At first, a proposal required customers to pay an extra $14 to $15 per month in 2027 and another $8 to $9 per month in 2028. We Energies stated the revenue is needed for a number of reasons, ranging from new solar and wind energy projects to infrastructure upgrades and rising operation costs.Community members reported that increased electric bills arrive at a time when household expenses are rising and wages are not keeping up with utility costs.In a statement, We Energies stated that the exact increase amount will not be determined until the next few weeks."Our typical customer bills ar