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WISCONSIN FARMER SUCCESSFUL IN XCEL ENERGY STRAY VOLTAGE CASE

A western Wisconsin farmer could be awarded up to $13.5 million after winning a five-year legal battle against an
electric services company over stray voltage. The farmer had claimed that his dairy farm herd of nearly 1,000 cows
became ill and had decreased milk production for more than a decade because of improperly grounded power lines.
The jury award was $4.5 million, but could be tripled if the company were found in willful, wanton or reckless violation of statutes. Xcel Energy spokeswoman Christine Ouellette says the company is disappointed by the decision and is looking into the next steps.

WUI Board of Directors Tours Wisconsin’s Largest Hydro Dam

Jim Falls Dam, Chippewa Falls, WI

 

WUI Board Members and Staff from left to right; James Buchen, Charles Clarke, Roger Cole,Michelle Lancaster, Phillip Mikulsky, Walter Woelfle, Thomas Fehring, Jeffery West, Richard Krueger, Kenyon Kies, and Trudy Popenhagen.

 


On June 15, 2017, members of the Wisconsin Utility Investors Board held  a board of director’s meeting in Chippewa Falls and toured the state’s largest hydro dam (in terms of generating capacity) at Jim Falls. The dam is an impressive engineering accomplishment, built in 1988 and functioning at full capacity today while preserving and contributing to the natural beauty, habitat and leisure access of the area. Board members were grateful to Xcel Energy for the opportunity to learn more about the powerful contribution of this hydro dam in terms of energy and preservation of our natural resources.

NEW TRANSMISSION LINE IN THE WORKS

American Transmission Co., ITC Midwest LLC and Dairyland Power Cooperative have plans for a high-voltage transmission line connecting northeastern Iowa and western Wisconsin that would provide economic benefits, improved reliability and better access to renewable energy resources for the region. Dubbed the Cardinal-Hickory Creek Project, the 345-kilovolt line would run for 125 miles from Dubuque County, Iowa, to Dane County, Wisconsin. Various alternative routes are currently being considered and the companies expect to file a formal application with regulators some time in 2018-19.

WISCONSIN COMMUNITIES SCORE 355 TREES THROUGH ATC, BUCKS PARTNERSHIP

The Milwaukee Bucks welcomed American Transmission Company to center court
during its last regular season game. The company is donating 355 trees to Wisconsin
communities as part of a partnership called Trees for Threes with the Milwaukee Bucks.
The Trees for Threes program sponsors the planting of a new tree in Wisconsin for each
three-point shot the Bucks made at the BMO Harris Bradley Center this season. That total
was 355 after the Bucks’ last regular season game. The team far surpassed its three-point
tally from last season, which was 220 three-pointers made at home.

Former Coal Property to be Auctioned

As previously reported, a property on the western shoreline
of Milwaukee’s inner harbor is now under discussion for
potential other uses. Wisconsin Gas first put in a bid for
the Solvay Coke land in June, 2016, but this spring could
finally complete its purchase. WEC Energy says it has
no specific plans for the property.

In a January 10 bankruptcy filing, attorneys sought approval
of Wisconsin Gas’s offer. If the sale plans are approved
during a scheduled late January hearing, other companies
would have until March 21 to submit competing offers of at
least $4.2 million. If any more bidders emerge, an auction
will be held April 3 in Chicago to determine the buyer and a
judge will be asked to approve the sale the following day.

MGE Energy Declares Regular Dividend

*It has come to our attention that there was a typo in the February Newsletter reporting of the MGE quarterly dividend rate.  The corrected article follows.  We apologize for any confusion this may have caused.

 

The Board of Directors of MGE Energy has declared the
regular quarterly dividend of 30.75 cents per share on
the outstanding shares of the company’s common stock,
payable March 15, 2017, to shareholders of record at the
close of business March 1, 2017.  MGE Energy has
increased its dividend annually for the past 41 years and
has paid cash dividends for more than 100 years.

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