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We Energies request 4.9 percent increase on electric rates

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Wisconsinites are cutting back on electricity and the state's largest utility says it needs more money to cover the lost revenue.

We Energies had already asked the state's Public Service Commission for the OK to raise residential electric rates by 4.9 percent next year.

Now, the utility wants to make it a 7 percent hike which would bring in $50 million plus the $76 million it sought earlier.

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