Madison Gas and Electric Files Rate Change: Higher Fuel Costs, Reliability Trigger Request.Business Editors MADISON, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--July 27, 2001 Madison Gas and Electric Co. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MDSN) filed an application with the Public Service Commission of Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee today to recover additional costs associated with providing reliable gas and electric service. The request includes replacement power expenses for an extended outage out·age n. 1. A quantity or portion of something lacking after delivery or storage. 2. A temporary suspension of operation, especially of electric power. at the Columbia Generating Station The Columbia Generating Station, a nuclear power station, is a uranium-fueled General Electric boiling water reactor located on the United States Department of Energy Hanford Site, 12 miles (19 km) NW of Richland, Washington, USA. Its site covers 1,089 acres (4. . The plant will receive upgrades to improve reliability. The filing also includes technology improvements for the 2002 calendar year and seeks recovery of higher-priced fuel to produce electricity. The proposed rate change is a $12 million, or 5.8% increase over current electric rates and a 0.7% increase in gas rates. This would result in a monthly increase of $3.24 for a typical residential electric customer and a $0.58 increase for an average residential gas customer. "Columbia provides a large portion of our customers' power needs," said Jeffrey Newman, MGE Mge Mycoplasma Genitalium MGE Minneapolis Grain Exchange MGE Madison Gas and Electric Company MGE Mobile Genetic Elements MGE Maintenance Ground Equipment MGE Microstation Graphics Environment MGE Modern Gun Effectiveness Model MGE Modular Gis Environment Vice President and Treasurer. "During a plant outage, replacement power comes primarily from new, natural gas-fired plants at much higher costs," Newman said. Columbia is scheduled to be out of service an extra six weeks for major generator repairs next spring. MGE owns 22% of the Portage-based plant and receives more than 40% of its base power needs from Columbia. "This request is limited to very specific issues," Newman said. "We are committed to supplying reliable power to our customers at the lowest cost possible. We will not compromise our high level of service," Newman added. MGE is a public utility that generates, transmits and distributes electricity to 126,000 customers in Dane County. The company also transports and distributes natural gas to 114,000 customers in seven south-central and western Wisconsin counties. MGE has served the Madison area since 1896. You can visit us online at www.mge.com. |
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