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Foxconn’s Gift From Electric Customers

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It was back in December 2017 that we learned the massive subsidy for Foxconn would grow by $117 million, to pay for the construction of high-voltage power lines and a new substation to serve the company’s needs. After all, the planned manufacturing campus of 20 million square feet would draw six times more power than the next-largest factory in Wisconsin. 

But now the project is down to just over 1 million square feet in size, about 5.5 percent of the original plan, yet the massive electrical construction project is still being completed, which rate payers of We Energies and other utilities in Wisconsin will pay for over a period of 40 years…

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