MARQUETTE, MI-- Upper Peninsula Power Company says significant rainfall and cooler temperatures this summer could mean lower bills next year.
UPPCO CEO Jim Larsen says the extra rainfall has increased the water levels in the company’s hydroelectric reservoirs. That allowed additional generators to run over the summer.
Larsen says combined with the wet spring, UPPCO produced about 57 percent more electricity than a typical year. The additional energy being produced reduces the need for energy purchases, which will lower the overall cost to customers.
Larsen says the savings will be passed on to customers beginning with the January 2018 billing cycle.
