Phil Cianciola
Show Information:
Weather Now:
News » WHBY News
Your Story

Watchdog reacts to power company deal

A proposed merger between the two largest power companies in eastern Wisconsin will get a lot of scrutiny from a watchdog group.

Kira Loehr is the acting executive director of the Citizens Utility Board. She says the proposal from the owners of We Energies, to buy the parent company of Wisconsin Public Service, may not be in the public's best interest.

Loehr says mergers often lead to higher rates. She says it's difficult to police companies that cover such a large area. She says there aren't other utilities to compare them with, when they ask for rate hikes.

The deal would be for $9.1 billion.

posted : June, 24th by WHBY


LATEST BLOGS
     Samantha Schroth of Greenville suffered a paralyzing injury in a freak accident while at a cottage in northwestern Minnesota…
posted by Assignment Fox Cities Blog 1 day ago
CLICK HERE to see more info about next year's "Festa Cianciola" PhilCast listener trip. We announced the trip on the…
posted by Philcast 2 days ago
Just a heads up to make sure to be listening to the PhilCast on Monday afternoon. Right after the 4:30…
posted by Philcast 5 days ago