We Energies Proposes 14% Electric Rate Hike
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
We Energies proposes a 14% electric rate increase over two years, sparking bipartisan backlash and consumer advocate concerns. The plan includes a 9.25% hike next year and 5.5% the following year, adding $13 and $8-9 to monthly bills, respectively. Critics argue the utility is tone-deaf amid economic hardship, as bills have risen faster than inflation, doubling in two decades. The Public Service Commission will review the proposal soon.
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