WEC Energy subsidiaries seek ~$475M total rate increases for 2023 in Wisconsin filings

WISCONSIN ELECTRIC POWER CO

WE seeks $260.5M (8.4%) electric rate increase and $50.7M (10.7%) gas increase.
WG seeks $60.1M (8.3%) natural gas rate increase; WPS seeks $73.9M (6.2%) electric and $30.3M (8.3%) gas increase.
Drivers: capital investments in wind, solar, battery storage and reliability; many projects already PSCW-approved.
Utilities propose maintaining authorized ROE at 10.0% (WE, WPS) and 10.2% (WG); equity component to 53.0% from 52.5%.
PSCW decision expected Q4 2022; rate adjustments effective January 1, 2023 if approved.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.