April 18, 2014 4:19 PM ET

Electric Utilities

Company Overview of Wisconsin Public Service Corporation

Company Overview

Wisconsin Public Service Corporation operates as a regulated electric and natural gas utility company. It generates electricity through coal, natural gas, hydro, wind, and fuel oil. The company engages in the distribution and sale of electricity and natural gas to retail customers; and the provision of wholesale electric services to various customers, including municipal utilities, electric cooperatives, energy marketers, other investor-owned utilities, and municipal joint action agencies. It serves an approximate 12,000 square mile service territory in northeastern Wisconsin and an adjacent portion of Michigan's Upper Peninsula. The company provides electricity to approximately 445,000 resi...

700 North Adams Street

PO Box 19001

Green Bay, WI 54307

United States

Founded in 1883

1,242 Employees

Phone:

800-450-7260

Key Executives for Wisconsin Public Service Corporation

Chairman and Chief Executive Officer
Age: 51
President and Director
Age: 54
Chief Financial Officer
Age: 55
Principal Accounting Officer
Age: 54
Treasurer
Age: 43
Compensation as of Fiscal Year 2013.

Wisconsin Public Service Corporation Key Developments

Wisconsin Public Service Corp. Announces Coal Plant Upgrade

Wisconsin Public Service Corp. is adding the environmental controls at its Weston 3 coal-fired power plant, and received approval to build the project at a cost of $275 million. The utility is deploying a new kind of pollution control technology that has been used at coal plants in Japan but not the United States. The project is needed to help WPS comply with terms of a settlement it reached with the U.S. Environmental Protection Agency to reduce sulfur dioxide and nitrogen oxide pollution from its coal plants. After the project was approved, the utility increased the size of the system to enable it to collect more pollutants. The project also incurred additional engineering, design and fabrication costs.

Wisconsin Public Service Corp. and Hamon Research-Cottrell Build Emissions Control System, Along with URS Corp

Wisconsin Public Service Corp. and Hamon Research-Cottrell are building the emissions control system, along with URS Corp. The project won approval from the state Public Service Commission earlier 2013. The project uses a technology known as regenerated activated coke, which is designed to reduce emissions of multiple pollutants. The technology has been installed at coal plants in Japan, but this project is the first commercial application of the technology in the United States. The system uses activated coke pellets that travel on a slow moving conveyor belt and absorb the pollutants from the boiler's exhaust gas as it passes over the conveyor. The project is expected to be operating by the end of 2016. The Weston 3 boiler began operating in 1981. WPS agreed to install the technology as one piece of a settlement of allegations that it violated the Clean Air Act by failing to install pollution controls years ago. The utility also plans to shutter or repower aging coal-fired boilers in Green Bay and Wausau, while adding controls at this boiler.

Wisconsin Public Service Corporation Wants to Build New Power Plant

A Green Bay utility will need to build a new power plant by 2019 to help it meet demand for electricity after it shutters aging and polluting boilers at its coal-fired power plants. The disclosure, during an investor presentation this week, highlights the changes in Wisconsin's energy mix brought about by lower natural gas prices as well as more stringent environmental rules. It would be the first fossil fuel burning power plant to be built in Wisconsin since It energies built its coal-fired power plant in Oak Creek. Wisconsin Public Service Corporation said it has three suitable sites in northeastern Wisconsin for a potential power plant, including downtown Green Bay, Kaukauna and Kewaunee County. The utility will have to decide in 12 to 24 months on a plan for meeting customer demand, said Borgard at an investor presentation in New York City.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 26, 2013
Wisconsin Public Service Corporation, Otter Rapids Dam
 

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