Public Service Commission (PSC) Approves Electric Rates and Rules Changes
The Public Service Commission of Wisconsin (PSC) has approved New Holstein Utilities' request for changes to its electric rates and rules. This is the first change in New Holstein Utilities' electric rates and rules since 1999.
With the approval from the PSC, the overall increase in operating revenues for NHU will be 2.15%. Allocations of the electric rate increase vary by customer class. Even with the electric rate increase, NHU's rates remain lower than rates charges by the state's investor-owned utilities. The new rates are effective January 1, 2005
In addition to the slight increase in the electric rates, some other changes were approved as part of the filing with the PSC. Customers who have had electric service disconnected for non-payment will have to pay more to have their service reconnected. Reconnect fees will increase from $11 to $30 during work hours and from $40 to $60 after hours. Also, NHU will now charge a $15 fee for checks returned from financial institutions for insufficient funds in a customer's account (commonly referred to as NSF checks). In the past, NHU did not have a NSF charge.
If you have any questions with regards to the rate increase or the rules changes, please contact us.