Public Hearing Scheduled for Electric Rate Case
A public hearing regarding New Holstein Utilities electric rate case has been scheduled for Tuesday, August 23 at 2:00 pm at New Holstein City Hall.
New Holstein Utilities has requested that an adjustment be made with the electric rates in order to cover inflationary increases in operational and maintenance expenses and costs associated with maintaining the reliability of the electric distribution system. The last electric rate increase was approved in 2006.
The requested increase in revenues is an overall increase above the electric utility's present revenues of $252,512, or 5.11%. This request is detailed in New Holstein Utilities' electric rate application submitted to the Public Service Commission of Wisconsin (PSCW) on June 30, 2011. After a review of the application, the Commission staff is proposing an increase in rates of $253,600, or 5.14%. The actual change to individual customers will vary with electricity usage, class of service and the ultimate rates authorized by the Commission.
If the application is approved by the PSCW as filed, per staff recommendation, the average residential customer using 793 kilowatt-hours (kWh) of electricity per month will see a monthly increase of approximately $5.79, or 6.1%. All information regarding this application is available at the PSCW's website at http://PSC.WI.GOV.
Customers with questions regarding the electric rate adjustment request can contact the NHU office and speak with Randy Jaeckels, General Manager.