It was such a delight to see so many of you in person at our 2021 Annual Meeting of Members in Baraboo, WI! Held at the Baraboo Arts, Banquet, and Convention Center, a historic Circus World building located across the street from the Circus World Museums, this year’s attendees traveled in time from the history which surrounded them to the future which is being aggressively pursued by Wisconsin utilities.
WUI Executive Director, James Buchen, and Chairman of the Board, Roger Cole, opened the Annual meeting with a look back at this past year and a look forward to the work and issues in the coming year. The Treasurer’s report, presented by director Charles Clarke, confirmed that though the past year was a challenge as the pandemic pushed our outreach to membership through virtual meetings and mailed literature, financially we stayed within our budget and, in some areas, cut costs.
At the 2021 Annual Membership meeting members heard from Kristin Gilkes, Executive Director of the Customers First Coalition. Kristin spoke to the members about Senate Bill 490,
Gilkes explained that the bill would authorize community solar programs that could be developed outside of the normal scheme of utility regulation. This would disadvantage the non-participating utility customers who would see their utility bills increase to subsidize those who participate in this unregulated program. She noted that “our neighbors in Minnesota are currently experiencing this preventable disparity.”
Xcel Energy has named Bob Frenzel President and CEO of the company. Ben Fowke, the current Chairman will remain at Xcel Energy as Executive Chairman of the Board of Directors. Tim O’Connor was also named Executive Vice-President and Chief Operations Officer.
“I am humbled and honored today to take over as CEO of Xcel Energy. It’s been a privilege to work alongside Ben for the last five years. I am grateful for his leadership, vision and careful stewardship of this great company. This is an exciting time to be in the energy industry, and I look forward to leading us into the future with a focus on our strategic priorities, including being an agile and innovative company and our commitment to elevating the customer experience,” according to Frenzel.
A demolition contractor who says it could save Wisconsin utility customers hundreds of millions of dollars will be allowed to participate in a review of plans to sell one of the state’s two nuclear power plants.
Dominion Energy is seeking regulatory approval to sell the Kewaunee Power Station to EnergySolutions, a Utah company that specializes in nuclear waste disposal and decommissioning. The sale price has not been publicly disclosed, but according to applications filed with regulators, EnergySolutions would assume ownership of the plant and about $780 million set aside to cover the cost of decommissioning, estimated at nearly $724 million. But NorthStar Group Services of New York says it could do the job for no more than $550 million, returning any remaining money to ratepayers.
REDUCES FLAT CHARGES AS PART OF SETTLEMENT
Madison Gas and Electric has agreed to reduce the flat monthly fees charged to all electricity customers. Those customers will now pay slightly more for the electricity they actually use, according to an agreement filed in early September that sets rates for the next two years.
MGE agreed to trim the monthly residential customer service fee by $2 in each of the next two years, bringing it to $15 in 2023. That’s the lowest it’s been since 2014, when regulators approved an 82% increase.
For the third year in a row, Alliant Energy has been named on Site Selection magazine’s Top Utility in Economic Development list. The annual list recognizes the company for its contributions to community development and job creation.
In its September issue, Site Selection credits Alliant Energy’s economic development team, in collaboration with local, regional and state partners in Iowa and Wisconsin, for delivering more than $906 million in new capital investment and more than 2,200 new jobs in 2020. Alliant Energy is one of 20 companies nationally named to the list and the only one in Iowa. In all, there are 3,300 utility companies, including 900 electric cooperatives, in the United States.
Xcel Energy is preparing to raise electricity and natural gas rates for its Wisconsin customers during the next two years. Increases planned in 2022 and 2023 are on the path to approval later this year so Xcel can pay for a variety of projects, including new solar power arrays and wind farms.
As a result of the proposed increases, the average residential customer will see monthly electric bills increase by $5.50 in 2022 and then another $4.25 in 2023, according to Xcel. Average household natural gas customers will see $4.65 more on their monthly bills in 2022 and then another $1.20 in 2023. If the state Public Service Commission approves the proposed rates, it will be the first increases Xcel customers have had in four years.
WEC Energy Group has announced that the company has agreed to acquire a ninety percent ownership interest in the Sapphire Sky Wind Energy Center. Located in McLean County, Illinois, the project is being developed by Invenergy — a leading global developer and operator of sustainable energy solutions. The Sapphire Sky site will consist of 64 wind turbines with a combined capacity of 250 megawatts. Commercial operation is expected by the end of 2022. Sapphire Sky will generate renewable energy that will be sold under a long-term power purchase agreement with a Fortune 100 global, high-tech company.
WEC Energy Group’s investment is expected to total $412 million for the 90% ownership interest. With this project, the company’s Infrastructure segment has planned investments in eight major wind farms totaling more than 1.5 gigawatts of capacity.
State regulators deny they were tainted or biased in their decision to approve a controversial transmission line nearly two years ago. Members of the Public Service Commission have defended their review of the Cardinal-Hickory Creek transmission line as the project’s owners are asking them to revoke that decision and file a new application. The request follows the discovery of communications between officials linked to companies building the $492 million transmission line and former commissioner Mike Huebsch.
American Transmission Company, ITC Midwest and Dairyland Power Cooperative asked the PSC to file a new application. PSC Chair Rebecca Cameron Valcq spoke strongly against rescinding the order. She rejected claims from project opponents that she and Commissioner Ellen Nowak were tainted in their decision.