You have a business to run. It is hard to stay on top of things locally let alone at the Wisconsin Public Service Commission (PSC) where your electric rates are set. That’s where the Citizens Utility Board of Wisconsin comes in. We advocate for all small utility customers from individual citizens to small businesses and farmers for fair, safe and reliable utility service. We monitor the changing energy world and put the utility customer first.
CUB small business members benefit from our team of legislative, utility and communications experts who advocate tirelessly for your business at the Public Service Commission, the state Capitol, in the courts, and at regulatory agencies.
Small Business Membership Benefits:
Advocacy: CUB business membership keeps you up-to-date on issues that matter to you.
Empowerment: CUB will help you take action and share your thoughts with Wisconsin government officials.
Access: CUB can help your organization and employees save resources and money.
Outreach: CUB will help small business members partner with other members and like-minded organizations to bring these issues to the public. CUB staff can answer questions about energy related matters as well as provide free one-on-one utility bill consultations.
Partnership Opportunities: CUB partners with community groups interested in learning about utility issues. We provide presentations on how to understand your utility bills, how the PSC works and how you can get involved. Plus, we can provide information on energy costs you can control. Let us know what you’re interested in, and we’ll do our best to accommodate you.
June 09, 2005: CUB Fights WPS Attempt to Steal $127 Million from Ratepayers
Posted: June 9, 2005 by Leah Steinberg
For Immediate Release: June 09, 2005
CUB Fights WPS Attempt to Steal $127 Million from Ratepayers
MADISON – The Citizens Utility Board (CUB) will fight the attempt by Wisconsin Public Service Corporation (WPS) to keep $127 million that instead should be quickly refunded to ratepayers if the sale of the Kewaunee Nuclear Power plant is finalized.
On June 6, WPS filed an application with the Public Service Commission of Wisconsin (PSC) and the Federal Energy Regulatory Commission (FERC) for permission to keep $127 million, which was collected from ratepayers to decommission (dismantle) the Kewaunee plant when it is retired from service. Instead of returning the money to ratepayers, WPS wants to keep it to pay for costs caused by the ongoing outage at the plant and the expected loss on the sale of the plant to Dominion Resources, an energy company headquartered in Virginia.
CUB will fight this request by WPS to keep the decommissioning money in a proceeding at the PSC to determine the electricity rates WPS will charge electricity customers during 2006. WPS has requested permission to increase 2006 electricity rates by $90 million or 11.4 percent.
In April, WPS and Wisconsin Power & Light Company (WPL) received permission from the PSC to sell the Kewaunee nuclear plant to a subsidiary of Dominion. When the Wisconsin utilities proposed to sell the Kewaunee plant, they claimed that the sale would result in a financial gain. They also sweetened the deal by promising to return decommissioning funds to ratepayers. In its order approving the sale, the PSC required the Wisconsin utilities to return the decommissioning money to ratepayers.
“WPS touted the return of this $127 million as a benefit to ratepayers and an incentive to sell the plant,” said Charlie Higley, CUB executive director. “WPS should keep its promise to return these funds to customers if the sale to Dominion is completed, rather than use the money to bail out its shareholders.”
CUB will argue that decommissioning the nuclear reactor was the only reason the $127 million was collected from WPS ratepayers, and that the money should be returned since Dominion will be responsible to dismantle the reactor if the sale is closed. CUB will also argue that the costs caused by the outage at Kewaunee may be the fault of management and should not be paid by ratepayers. In addition, CUB will argue that shareholders should pay for any loss from the sale because the utilities wanted to sell the plant, not ratepayers.
In May, CUB filed a lawsuit against the PSC to stop the sale of the Kewaunee power plant to Dominion, which would threaten the health, safety, and pocketbooks of Wisconsin ratepayers by eliminating state oversight over a nuclear power plant located in Wisconsin.
###
Category: Press Releases Tags: WPS