I’m not shocked…

July 7th, 2009

…that Wisconsin Electric wants a 7% electric rate increase because their revenues are down.

Just like I’m not surprised that the state of Wisconsin is raising taxes and fees in a recession for the same reason.

What would truly shock me is if the rates declined or the taxes went down AFTER the recession is over.

Entry Filed under: Observations

1 Comment Add your own

  • 1. phel  |  July 7th, 2009 at 7:20 pm

    Ummm….. I thought they posted really great earnings in the first quarter????

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