December 18, 2003

The Michigan Public Service Commission (MPSC) today approved a settlement agreement that authorizes the Wisconsin Public Service Corporation to incorporate into its rates a uniform gas cost recovery factor of $0.73393 per therm for the billing months of November 2003 through October 2004.

In addition, WPSC is authorized to adjust upward the uniform gas cost recovery factor by implementing the settlement’s GCR Factor Adjustment Mechanism.  The company is also authorized to implement transportation charges of $0.48328 per month per therm of demand for peak day backup and $0.65976 per month per therm of demand for peak day backup (seasonal option) and a factor for annual supply backup of $0.67190 per therm from November 2003 through October 2004.  The factor for annual supply backup is subject to adjustment under the GCR Factor Adjustment Mechanism.

The MPSC is an agency within the Department of Labor & Economic Growth.

Case No. U-13846

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