MPSC approves settlement agreement authorizing Wisconsin Public Service Corporation and Upper Michigan Energy Resources Corporation to implement Gas Cost Recovery Factors for 2016-2017

The Michigan Public Service Commission (MPSC) today approved a settlement agreement authorizing Wisconsin Public Service Corporation (WPS Corp.) and Upper Michigan Energy Resources Corporation (UMERC) to incorporate a uniform base gas cost recovery factor of $0.38929 per therm for the 12-month period ending Oct. 31. A therm is a measurement of natural gas equivalent to approximately 100 cubic feet