Fuel cost refunds expected for We Energies customers

Credits based on October electric use

We Energies' electric rates include the cost of fuel used to generate electricity. The price is set by the Public Service Commission of Wisconsin (PSCW) when it approves the fuel cost plan for the upcoming year. The actual price of fuel fluctuates throughout the year. The variation in cost is evened out with a fuel cost adjustment (FCA). Depending on whether it’s a year with higher or lower fuel prices, the FCA can be a charge or credit for customers.

In 2025, the actual cost of fuel was lower than projections approved by the PSCW. As a result, We Energies’ electric customers will receive a bill credit. The exact dollar amount of each customer’s refund will vary based on a customer’s electric use in October of this year. The credit will show up on bills in October and November based on each account’s billing cycle.