On April 1, 2026, WEC Energy Group, Inc. announced significant developments regarding its operations and financial strategy. The company filed requests with the Public Service Commission of Wisconsin (PSCW) to set customer rates for electric and natural gas services for the years 2027 and 2028. This filing includes a proposed rate increase of 4.7% for electric services and 0.3% for natural gas in 2027, with further increases planned for 2028. Additionally, WEC Energy's Wisconsin utility subsidiaries, including Wisconsin Electric Power Company and Wisconsin Public Service Corporation, are involved in this rate case, which aims to enhance infrastructure and ensure reliable service for customers.

In a related operational update, WEC Energy announced plans to extend the operating lives of units 7 and 8 at the Oak Creek Power Plant. Originally scheduled for retirement at the end of 2026, these units will now remain operational through 2027 to meet high energy demand periods. This decision is driven by the need for reliability and affordability, particularly following a winter that saw tightened energy supply and increased costs. The extension is expected to provide a buffer until new generation capacity comes online in late 2027.

The company has emphasized that these strategic moves are designed to ensure that it can continue to provide safe, reliable, and affordable energy to its customers, particularly during peak demand periods. The rate case filings and the extension of the Oak Creek units are seen as critical steps in maintaining service quality and operational efficiency in a challenging energy market.

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