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Published - Tuesday, October 28, 2008

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PSC to hold hearings on Xcel rate request


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The Public Service Commission of Wisconsin will hold public hearings Monday in La Crosse, Madison and Eau Claire on Xcel Energy’s request to raise electric rates.

Recent decreases in fuel prices are a major reason why any increase likely will be smaller than the one Xcel asked for nearly three months ago. The PSC staff is recommending to the commission an overall increase of 3 percent or about $16 million a year in electric revenue.
On Aug. 1, Xcel asked the PSC for an overall increase of 8.6 percent or $47.1 million a year in electric revenue. It said while the average residential customer would see a 7.9 percent increase from current prices, commercial and industrial customers would see increases ranging from 7 percent to 10 percent.

Xcel said the increase is needed because of ongoing investments in cleaner sources of energy, transmission lines, and rising costs of fuel and purchased power.

Costs of fuel and purchase power have declined since the company filed its request Aug. 1, Xcel spokesman Brian Elwood said Monday. “When we filed in August we used the most up-to-date numbers,” he said. “Since that time, all fuel prices have come down quite a bit.”

The hearings at 3 and 6:30 p.m. Monday will be held by videoconference. The La Crosse site will be Room 102 of the Wing Technology Center at 1725 State St., at the University of Wisconsin-La Crosse.
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tax justice wrote on Oct 28, 2008 9:19 PM:

" Glad to see so many comments. Now lets make sure you show up for the rate increase hearing. La Crosse has always had a good turnout. We have had to request the hearings because Xcel loves to have them in Madison where not a single Xcel customer lives--except for the elected officials who serve our area. We cannot afford another rate increase, an increase specifically designed to expand nuclear waste storage at Prairie Island and expand production by another 50MW. The plant is already operating at one of the highest levels in the country of any plant. The plant is more than 20 years old and has had serious maintenance problems. Stop putting money in a plant that will only create more high level nuclear waste with no place to store it. Yucca Mt is full before it will ever open, if it ever does. "

Big Spender wrote on Oct 28, 2008 5:30 PM:

" To enuff, re: "We can not afford to have the tax increase that the Democrats will lay on us either. That is much worse."

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Republicans are the true Big Spenders: correction, Borrow-and-Spenders...haven't you been readin' the news?

McCain and Bush backed the trillionesque Wall Street bailout/swindle: who do you think gets to pay for that?

"The Republican Spending Explosion"

http://www.cato.org/pubs/briefs/bp-087es.html

See, look at the chart...Republicans are the true culprits here:

"Republican Spending Chart"

http://www.lafn.org/gvdc/Natl_Debt_Chart.html "

lax8751 wrote on Oct 28, 2008 12:03 PM:

" Minnesota-Based Xcel Energy Finds Money in Tight Budget to Pay for Lobbyists.
Knight Ridder/Tribune Business News,



By David Hanners, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News

Sep. 29--While Xcel Energy was cutting costs by reducing maintenance, eliminating security guards at power plants and leaving faulty equipment unfixed for months or even years, it was increasing the amount of money it spent on something customers rarely see: lobbying.


Xcel, which provides electricity to 1.3 million customers in the state through its Northern States Power-Minnesota subsidiary, spent at least $1.5 million -- and perhaps as much as $1.75 million -- to influence state regulators. "

Tracy54656 wrote on Oct 28, 2008 11:48 AM:

" There should be a limit as to how many times a year they can raise their fees.I know mines went up three times in the last year alone.The cost of living hasnt went up three times.Give it a rest already XCEL!.Your getting richer while the rest of us drown in debt paying the bills that you keep raising. "

PicklesPlease wrote on Oct 28, 2008 11:46 AM:

" Wow, how amazingly ironic that some of these same posters are such strong McSame supporters. When Obama wants to help the working class and McSame wants to continue with making sure these CEOS and corporations keep getting richer. No wonder he doesn't know how many houses he owns. Companies like Xcel are paying his bills for him...be careful who you put in the Whitehouse. It's obvious (and stunning) how many of you didn't learn a thing from the BUSH era. Wow. "

lax8751 wrote on Oct 28, 2008 11:20 AM:

" Xcel Energy's Lobbying

The Center for Responsive Politics Open Secrets database lists Excel disclosing that in 2007 it spent $2.7 million on lobbying. "

Myturn wrote on Oct 28, 2008 11:15 AM:

" I want you all to remember the last two retiring State WI politicians moved on to work for the Utility business. Meyer went on to the PSC. Rude went on to work for Dairyland, in a capacity some argue as an in-house lobbyist. Figure this out! "

enuffalready wrote on Oct 28, 2008 10:04 AM:

" Spender:

We can not afford to have the tax increase that the Democrats will lay on us either. That is much worse. "

CJ wrote on Oct 28, 2008 9:38 AM:

" Anyone here have Vernon electric? Our home electric bill seems on the high side and didn't change even after the AC was off a month. Aside from the fact their "user" fee starts off at $30-35/month before you even use any electricity. "

nana3 wrote on Oct 28, 2008 9:38 AM:

" Why is our government letting these big companies smother us slowly to death. Seems like as soon as you adjust to a rate hike with one the next one is looking for theirs too, just keep pushing harder on the pillow and why not try sitting on top of us to make it harder to inhale! I use 13 watt bulbs throughout my house and unplug things that aren't in use to try to save, then excel comes up with an increase!!! "

daddylonglegs wrote on Oct 28, 2008 8:29 AM:

" Coal has nosedived, natural gas has dropped by over 50% since last spring, oil has dropped off a cliff...yet we still see a rate increase. How about a rate cut? Why don't that have variable rates that constantly change with market conditions...like a gas station? "

Krusty wrote on Oct 28, 2008 7:29 AM:

" Sometimes rickey, I am humbled by your wisdom...Sometimes... "

Rickey wrote on Oct 28, 2008 6:41 AM:

" With repubINFLATION the middle class is getting squeezed just as the Trickle down/Supply side economics is intended to do "

Krusty wrote on Oct 28, 2008 3:09 AM:

" I don't know why xcel even bothers to ask...Just go ahead and raise the rates, nobody in government is going to say no. "

Big Spender wrote on Oct 28, 2008 2:32 AM:

" Just say no to the price increase spiral on just about everything...the public can't absorb any more costs. All the fat cats, Xcel included, need to learn to bite the bullet! It's time to stop torrent-up economics! "


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