Madison Gas and Electric says it is negotiating with customer groups for a rate agreement to be filed later this year, according to a Wisconsin State Journalreport.
Additionally, Madison-based Alliant Energy last month filed a proposal to freeze rates next year for some 471,500 Wisconsin customers by using fuel and tax savings as well as company funds.
Wisconsin’s largest utility company, We Energies, has withdrawn a proposal seeking to increase electricity rates next year to cover rising costs. The withdrawn request would have translated to a rate increase of about 0.88% on average.
