The Sierra Club says a proposed MGE rate freeze will create future costs for ratepayers, according to a Wisconsin State Journal report. The deal, the group says, locks in a regressive rate structure while allowing MGE to pocket $1.9 million that it owes ratepayers.
MGE has proposed a 4.1% increase in natural gas prices while holding electricity rates flat next year. If approved by regulators, it is expected to raise the average household gas bill by about $27 a year. The environmental group objects to the proposal’s $19 fixed monthly charge and says it penalizes those who use the least energy and discourages energy conservation.
