Utility’s rate hike would also pay legal fees
MILWAUKEE—We Energies latest rate hike request includes more than $34 million in legal fees it wants customers to fund.
The Public Service Commission will consider We Energies $242 million rate hike in the coming weeks. It would amount to about $5 more for the average residential customers beginning in January and another $3 in 2014.
The legal fees include $13 million the utility spent fighting the federal government after it failed to open a nuclear waste disposal site in Nevada.
The Milwaukee Journal Sentinel reports We Energies says the legal fees should be viewed in context and that because it won the case, electrical rates didn’t increase this year.
Nov 19, 2012 at 1:23 p.m.
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does this really surprise anyone, here's another new bulletin, companies pass their taxes onto their customers as well. It's not evil or underhanded it is smart business. Perhaps if our clueless 'leaders' knew how business operated they would think through their ideals of fines, lawsuits and tax hikes to companies, they are only hurting the consumer, I guess basic business knowledge is too much to ask of the clowns in power.
Nov 19, 2012 at 10:50 a.m.
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Thats BUll____!!!! Legal fees are not the consumers responsibility and consumers should not have to pay them!!! Fact is that if the comsumer does have to pay them and once they are paid off, the rates will not go down to reflect that. No, they will stay the same (or go up) and we will be paying for those legal fees 10 times over. Legal fees are not and should not be considered part of the supply and demand system.
Nov 19, 2012 at 10:17 a.m.
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Frusion, how's that "supply and demand" thing working out for your excuses?
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