Summary: Wisconsin Public Service Corp. Feb 13
- ID: 2416967
- February 2013
- Region: Wisconsin
- Standard & Poors
Standard & Poor's Ratings Services' ratings on Wisconsin Public Service Corp. (WPS) reflect its parent company Integrys Energy Group Inc.'s consolidated credit profile. WPS is a rate-regulated electric and gas utility that serves about 441,000 electric customers and about 319,000 gas customers in portions of north-central Wisconsin. The company also has approximately 2,200 megawatts (MW) of generating capacity, of which more than 70% is coal-fired. The business risk profile for WPS is "excellent", reflecting its lower-risk monopolistic electric and gas businesses that provide an essential service. We view the Wisconsin regulatory environment as more credit supportive, reflecting the commission's long record of protecting utilities' credit quality. In addition, WPS has demonstrated its ability, over the long term, to adequately manage...
Companies mentioned in this report are:
- Wisconsin Public Service Corp.
- Integrys Energy Group Inc.
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