{"schema_version":"secwatch.filing_event.v1","accession":"0000107815-22-000285","form_type":"8-K","ticker":"WELPP","cik":"0000107815","company_name":"WISCONSIN ELECTRIC POWER CO","filed_at":"2022-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.534958+00:00","generated_at":"2026-06-23T05:50:20.601757+00:00","sec_items":["8.01"],"event_type":"regulatory","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WEC utilities reach settlement for $507.2M (8.7%) base rate increase for 2023","bullets":["WE electric rates +$257.9M, gas +$53.3M; WG gas +$57.1M; WPS electric +$104.3M, gas +$31.3M.","Settlement includes earnings sharing mechanism: 100% of first 15 bps above ROE retained, 50% of next 60 bps refunded, 100% thereafter refunded.","WE seeks PSCW financing order to securitize $100M of Oak Creek environmental control book value by 2024.","Monthly residential and small commercial fixed charges reduced by $1 and $2, respectively, from current rates.","Utilities collectively contribute $4M to Keep Wisconsin Warm Fund; settlement subject to PSCW approval."],"urls":{"canonical":"https://secwatch.observer/filing/0000107815-22-000285","json":"https://secwatch.observer/filing/0000107815-22-000285.json","markdown":"https://secwatch.observer/filing/0000107815-22-000285.md","text":"https://secwatch.observer/filing/0000107815-22-000285.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/107815/000010781522000285/0000107815-22-000285-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/107815/000010781522000285/wec-20220929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T05:50:20.601757+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}