MGE PROPOSES ELECTRICITY RATE FREEZE, 4% NATURAL GAS HIKE

The utility filed an application Friday, October 28, with the Public Service Commission for a one-year rate structure that has the approval of consumer and renewable-energy advocates as well as one of the utility’s largest customers, though the Sierra Club plans to contest it, saying the rate freeze will simply result in bigger hikes down the road.

If approved, the deal is expected to cost the average household about $27 a year more for gas. MGE is proposing to use 2019 fuel savings — which normally would be refunded to customers — and to put off collection of some expenses until 2022 to offset the need for an electric rate increase next year.
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