Portage and Baraboo residents to pay more for electric and natural gas in 2024, 2025 - WiscNews

Alliant customers to pay more for electric, natural gas

Portage and Baraboo residents along with all other Alliant Energy customers in Wisconsin will see their electric and natural gas rates raised in coming years.

The Public Service Commission of Wisconsin issued a written order on Dec. 20 that approved a request filed by Alliant Energy to adjust its electric and natural gas base rates for all customers in Wisconsin, to be effective on Jan. 1.

In April of this year, Alliant Energy filed a rate review with the Public Service Commission covering 2024-25, which requested approval to raise electric base rates by 3.7% in 2024 and an additional 4.8% in 2025. This would add about $7 a month to the average residential electric customer’s bill in 2024, and about $8 in 2025, company officials said.

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It also increases gas base rates 4.8% in 2024, which would add about $4 a month to the average residential natural gas customer’s bill. Gas rates will be held effectively flat in 2025, company officials said.

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Alliant Energy said in a statement it takes pride in its commitment to delivering safe, reliable energy to the customers and communities it serves. The company said it is following the plan outlined in its Clean Energy Blueprint for Wisconsin to increase customer value and avoid long-term costs.

Company officials said the adjusted rates reflect its commitment to better serve customers through smart investments that also create a cleaner and more cost-effective energy future. They said the rate adjustment enables Alliant’s continued investments in solar and battery energy storage projects to strengthen and diversify its portfolio while increasing reliability.

“We appreciate the diverse range of customers, stakeholders and energy advocates who provided input throughout the rate review process,” JP Brummond, Alliant vice president for customer and community engagement, said in a statement. “We recognize nobody wants to see their bill go up, including us, which is why we’re planning ahead and taking action now on behalf of our customers. By investing in a more sustainable and diverse energy mix today, we can avoid long-term costs while delivering greater value, reliability, and choice to customers.”

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