12/00: WPS Resources filed a restructuring plan with the PSC that would transfer WPS generating assets to a nonregulated subsidiary (genco) and transform Wisconsin Public Service Corporation into a regulated electric distribution company (disco). A power purchase agreement between the disco and genco would be executed, and ratepayers would retain the same rates as they have today. WPS sees this plan that would remove power plants and their construction from rate bases as a step toward a competitive market in WI, something they see as inevitable due to surrounding states restructuring status.
11/97: PSC issued its final decision on electric industry restructuring. The plan does not recommend retail access before 2000, but focuses on improving the utility infrastructure. Recommendations included improving transmission facilities; removing barriers to open transmission access; developing an ISO; promoting construction of merchant plants; and promoting the development of renewable energy resources.
8/97: PSC submitted its draft 7-step work plan to restructure the electic industry to the legislature. the plan focuses on reliability and infrastructure improvements, and does not recommend retail access at least until 2000. A final decision is set for 10/30/97.