Alliant investigates possible emergency electric rate hike

By STEVE BENTON   Thursday, Jan. 22, 2009
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Podcast Episode


WCLO's Steve Benton reports on a possible emergency electric rate increase from Alliant Energy

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— Alliant Energy officials are considering seeking an emergency electric rate increase with the Public Service Commission.

Alliant was just granted a rate increase not too long ago, but Alliant spokesman, Rob Crain, says that increase was based on 2007 numbers and the economy has tanked.

Crain says the number in that earlier projection is $30 million. He says Janesville's G-M plant was one of Alliant's top customers and its closing, along with other economic issues, has produced the unexpected drop in revenue.

Crain says if the request is filed with the public service commission, it would be before the end of March. Alliant's last increase request was granted in December.

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(9)
melstew47
Apr 13, 2009 at 11:56 p.m.
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this is crap! why should we have to have an increase because alliant lost a customer. and everyone is right we should have another choice for an electric company. what about rock county electric?

facts101
Jan 22, 2009 at 9:23 p.m.
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Just great GM leaves and we have to make up their share. This is just wrong anyway you want to look at it. My projected revenues are off this year too. But I bet my employer will not give me a raise to make up the shortfall. CALL THE PSC and tell them that we are tired of being screwed. Almost sounds like what Russia did to Europe.

concerned2
Jan 22, 2009 at 3:55 p.m.
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My question is if GM was there biggest customer, and they no longer need utilities from Alliant, than the energy usage in Janesville should decrease, and it should cost lots less in energy demand, so, like all other businesses and all the residents in Janesville have learned it is time to tighten your belt....no one is giving any of the unemployed a thought on how devistating it is to be unemployed, or how difficult it is to find viable employment....maybe all the residental customers should request that the government steps in and raises our standard of living before that of BIG BUSINESS, who also by the way have no competition in our fair City.......Just my opinion....I could be wrong

Cherryc18
Jan 22, 2009 at 3:12 p.m.
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Unless people call to complain they will be allowed to raise the rates again, just for lost profit.

Alliant has done this before when their resorts in Mexico, (built using their "utility profits") were losing money. They went to the PSC, explained that the hotels were losing money and they needed to increase their revenue, and the PSC allowed it.

The PSC is the government entity that makes the determination what utlities are allowed to do and not to do and they have yet to deny them a rate increase - ever.

A small blurb goes in the paper or on your bill about an upcoming increase, they have meeting about the increase, the public never shows, or shows in very small numbers, (mostly senior citizens) and they just ignore them as if they have no voice and vote for the increase.

So, if anyone is interested, please pass this information along and tell them you don't want to have your expenses increase to pad their bottom line.

Public Service Commission of Wisconsin
610 North Whitney Way. P.O. Box 7854
Madison, Wisconsin 53707-7854
Phone:(608)266-5481
General Toll Free:(888)816-3831
TTY:(608)267-1479
Fax:(608)266-3957
URL:http://psc.wi.gov/

nd2009
Jan 22, 2009 at 2:08 p.m.
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Oh isn't that good news, I just received my $350 bill yesterday. There stock prices are still one of the highest around. I have a great idea. Send the increase to all the people who buy Toyota, Honda and all those other foreign owned company vehicles. Those people are the reason GM is closed in Janesville and closing elsewhere. Oh, don't forget to wave the American Flag while your at it.

xomirenda
Jan 22, 2009 at 1:01 p.m.
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Could someone please explain how this makes any sense? Since the economy is in the tank, shouldn't prices be falling? When they are telling me that demand is high so the price is high, is someone lying to me? Cuz' this is the opposite. Demand is lower, so lets raise the rate. How the hell does this work? Talk about kicking people while they're down.

BalancePoint
Jan 22, 2009 at 12:20 p.m.
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Wish our business could file for an emergency rate hike due to losing customers - this is ridiculous. Are there any other options for people to buy electricity from another company?

lovetoscrap
Jan 22, 2009 at 12:09 p.m.
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So we have to make up the revenues of a lost customer? Isn't that the risk you take when you are in business? Who cares if their projected revenues are down. I am sick of this company being the only company in town who can demand to make a profit! Doesn't that mean that demand is down as well and it's time to lay off a few employees or make less of a profit? I would think that costs have gone down as well, seeing the cost/demand of oil is down. I just don't get it. A rate increase every three months. It doesn't make sense.

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