regulatory
confidence high
sentiment negative
materiality 0.75
WEC Energy faces $205M charge from Illinois utility settlement, up from $150M expected
WEC ENERGY GROUP, INC.
- Charge of $205M ($0.46/share) in 2025, exceeding prior $150M estimate.
- PGL to remove $130M from rate base starting 2027, distribute $75M in bill credits (2026-2028).
- PGL and NSG to distribute $50M in bill credits for UEA proceedings over 2026-2028.
- Settlement with Illinois AG resolves QIP (2017-2023) and UEA (2019-2023) proceedings.
- Total obligation recorded at Dec 31, 2025 is $255M.