secwatch.observer — SEC 8-K summary
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Issuer:     WISCONSIN ELECTRIC POWER CO (WELPP)
CIK:        0000107815
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000107815-22-000173
Event type: regulatory
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107815/000010781522000173/0000107815-22-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107815/000010781522000173/wec-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000107815-22-000173

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