Wisconsin Utilities Want a Higher Guaranteed Profit. WEC Just Made $1.1 Billion in Six Months.
Here’s a fun fact about your electric company: the government promises it a profit. That’s a promise, not a chance. That’s how regulated utilities work. Nobody else is allowed to string wires to your house, so the state lets the monopoly earn a set return on what it invests, and a regulator signs off on …
