NorthernStates Power Co. - WI is seeking a $17.4million net increase in electric rates and $4.8million increase in gas rates with the Wisconsin Public Service Commissionstarting next year, according to a Form 8-K filed April 1.
The electric rate request is for the limited purpose ofrecovering anticipated increases in generation and transmission fixed chargesunder an interchange agreement with sister company and also for costs associated with the expected increase in average rate baseto $1.19 billion in 2017.
The gas rate request will help recover costs for the ongoingenvironmental remediation of a former manufactured gas plant site and adjacentarea in Ashland, Wis., the XcelEnergy Inc. subsidiary said.
The company is not requesting a change to the capitalstructure or the 10% return authorized by the PSC previously. (D-4220-UR-122)