Wisconsin's energy landscape is controlled by monopoly utility companies, which prioritize profits for shareholders over the needs of our communities. These corporations are raking in billions while leaving Wisconsin families to bear the financial burden.
The burden of these corporate profits falls squarely on Wisconsin families. On average, Wisconsin households spend 6% of their income on energy bills, but low-income families face an even greater strain, often exceeding 10% of their income just to cover utility costs.
For these reasons, I strongly support a 2% rate cap on utility bills. This cap would ensure that no household pays more than 2% of their income on energy costs, offering much-needed relief to families who are struggling under the weight of constant rate increases. By capping rates based on income, we can create a fairer system that protects Wisconsin's most vulnerable residents from financial hardship.
By signing, I call on the Public Service Commission to immediately institute a 2% rate cap, ensuring that no household pays more than 2% of their income on energy costs.