PSCW approves WEC Energy utilities to forgo 2022 rate increases

WISCONSIN ELECTRIC POWER CO

PSCW approved application to forgo electric, natural gas, and steam base rate increases effective Jan 1, 2022.
Approval was without modification; final written order pending from PSCW.
WEC Utilities plan to file full test year 2023-2024 base rate cases by May 1, 2022.
No immediate financial impact disclosed, but rate freeze for 2022 may affect revenue recovery.

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