We Energies proposes rates for 2027-2028

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We are committed to making sure you have the safe, reliable energy you depend on while keeping costs low.

We recently filed a rate proposal with the Public Service Commission of Wisconsin (PSCW) to help us continue to meet your energy needs. The proposal would set electricity, natural gas and steam rates for 2027 and 2028.

Our proposal focuses on reliability, strengthening the grid and delivering energy to you.

We all depend on reliable energy to power our homes and businesses, and the investments we’re making will allow us to deliver that energy. We’re doing this by:

System hardening — Reliability is a key area of focus as we deliver electricity across thousands of miles of overhead and underground lines. We are making investments to address aging electric infrastructure, bury power lines and further our system hardening against severe weather.

Delivering the energy you depend on — During those recent winter days when our state experienced extreme cold, our system continued to deliver the energy you needed to stay warm and run your business. By adding pipeline capacity and expanding our liquefied natural gas (LNG) storage, we were better able to serve you throughout those days. These investments will continue to provide resilience and help us mitigate cost impacts by buying and storing natural gas when costs are lower.

Strengthening the grid — A balanced generation mix supports emissions reduction while preserving reliability and affordable energy rates. To achieve this, we’re making cost-effective investments in natural gas and renewable generation that will serve your energy needs for years to come.

Impact on bills

The impact on your bill varies by rate class. Review our proposed percentage impacts for 2027 and 2028.

To help minimize bill increases, our plan includes more than $225 million in savings from federal tax credits and earnings sharing, along with nearly $1.9 billion in costs data centers will pay.

Data centers are paying their fair share

In March 2025, we submitted our Customer Protection Plan proposal with the Public Service Commission of Wisconsin for a new Very Large Customer (VLC) rate to accommodate expected significant growth in data centers in Wisconsin.

We designed the rate to make sure no costs to serve these new, very large customers will be subsidized by, or shifted to, residential or other business customers.

This is important to us and to the very large customers we have been working with — they are committed to paying their fair share.

We are seeking approval from state regulators, separate from the proposal just filed, for the new VLC rate that supports the economic development, job growth and substantial investment in Wisconsin these companies are making, while ensuring fairness for all other customers. A decision is expected by May 2026.

Next steps

Filing our rate review is the first step in a transparent, months-long process that includes public filings, customer group and expert regulatory staff review, and public hearings. The commission is expected to make a final decision later this year. New rates are expected to take effect in January 2027.

Read more about our rate request