Customers of Kaukauna Utilities likely won’t see as big of a rate hike as anticipated.
The utility was asking for a nine to 9-1/2 percent increase, in part because the former owners of the Appleton Coated paper mill went into receivership. The new owner, Industrial Assets, isn’t on the hook for a $2.5 million bill to the utility.
Kaukauna Utilities General Manager Jeff Feldt says they’ve already agreed to lower their request to eight or 8-1/2 percent. He says they initially thought the bill for the average customer could climb by $10 a month. Now, he says it looks like it could be about half of that.
The state’s Public Service Commission will set the actual amount of the rate hike, and there will be a hearing next month.
