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Home / Business and Economy / Wisconsin Customers Receive Surprise Refund on Fall Electric Bills

Wisconsin Customers Receive Surprise Refund on Fall Electric Bills

Summary

  • Customers to get 4 cents off per kWh, saving $26 on average
  • Refund totals under $69 million for residential, commercial, and industrial customers
  • Cooler weather expected to further reduce energy usage and bills this fall
Wisconsin Customers Receive Surprise Refund on Fall Electric Bills

In a move that will provide welcome relief to Wisconsin households, We Energies customers are set to receive a refund on their fall electric bills. This comes as a result of energy costs in 2024 being lower than the projection approved by the Public Service Commission of Wisconsin, which sets electricity rates for the year.

The refund will see customers receive around 4 cents off their energy bill per kilowatt hour of electricity used this month, translating to an average savings of $26 for the typical customer. The refund, which totals under $69 million, will be split across all Wisconsin residential, commercial, and industrial customers.

Looking ahead, customers can expect their energy bills to cool down further as fall temperatures arrive. Electricity bills are typically highest during the hottest and coldest parts of the year, when residents rely heavily on air conditioning or heating. With a cool start to September, energy usage and bills are expected to decrease this fall, providing additional relief to households.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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FAQ

The average customer can expect to save around $26 on their electric bills.
The total refund amount is under $69 million, which will be split across residential, commercial, and industrial customers.
Cooler weather is expected to reduce energy usage and lower bills for customers this fall, as they won't need to run air conditioning as much.

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