WPS customers to see price hike in 2025 and 2026
It will cost you more to watch TV, heat your home, and light your home for the holidays beginning in 2025. Last week, the Public Service Commission of Wisconsin approved a rate increase for Wisconsin Public Service customers to cover a projected $174.4 million revenue shortfall in 2025 and 2026. In order to accomplish that, rates for electricity and natural gas will increase each of the next two years, with the most significant jump (11 percent for electricity, 6.8 percent for natural gas) coming next year. According to multiple sources, the increase would cause the average customer to see their electric bill rise by $6-$7 and their natural gas bill go up by $3-$4 each of the next two years. The official rates are expected to be finalized by the end of the year. WPS Senior Communications Specialist Matt Cullen said that the increase will help WPS reduce outages and build additional infrastructure for the years to come.
