WEC Energy Group announced that the Public Service Commission of Wisconsin (PSCW) approved new rates for its utility subsidiaries—Wisconsin Electric Power Company, Wisconsin Gas LLC, and Wisconsin Public Service Corporation. The decision pertains to the rate cases filed in April 2026 for the 2027–2028 test years.

Key Details

  • Authorized Return on Equity (ROE): Approved at 9.50%.
  • Capital Structure: The equity ratio was maintained at 53.0%.
  • Earnings Sharing: The ruling includes an earnings sharing mechanism where there is no sharing for the first 15 basis points above the allowed ROE, 50/50 sharing on the next 25 basis points, and 100% of earnings returned to customers beyond that.
  • Timeline: A final written order from the PSCW is expected before the end of 2026.