Replies to post #42 on Wisconsin Energy Corporation (WEC)

[DarthYoda]

Illinois PIRG blames the proposal largely on what it called the "failing Peoples Gas pipe replacement program," saying the program has fallen short of its pipe replacement goals every quarter since it began filing quarterly reports in 2018. Since it's inception, the budget has ballooned from $2 billion to $11 billion, according to activists. The consumer advocacy group cited two outside experts who stated the program is "failing to reduce safety risks in proportion to the massive amount the utility is spending."

People's Gas also informed the ICC it doesn't plan to file for an extension of the Qualified Infrastructure Plant fee, a charge that covers certain costs associated with replacing natural gas pipes and other work on utilities' gas delivery systems, according to the nonpartisan advocacy group the Citizens Utility Board.

Instead, the company says it "will return to the traditional ratemaking process to recover the costs of necessary infrastructure improvements."

While regulators consider the proposal, advocates want the company and its pipe replacement program to be held accountable.

https://www.nbcchicago.com/news/local/peoples-gas-seeks-first-rate-hike-in-8-years-heres-how-much-your-bill-could-rise-by/3038977/