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REGULATORY ENVIRONMENT (Tables)

6 Months Ended

Jun. 30, 2022

Regulated Operations [Abstract]

Schedule of regulatory proposals

The updated rate request proposals include aggregate increases of approximately $30 million for WE, $6 million for WPS, and $2 million for WG from the original proposals and are reflected in the following table:

						WE												WPS												WG
Proposed 2023 rate increase
Electric						$	285.6	million	/			9.2%						$	79.4	million	/			6.6%						N/A
Gas						$	55.4	million	/			11.7%						$	30.9	million	/			8.4%						$	61.9	million	/			8.6%
Steam						$	3.6	million	/			16.5%						N/A												N/A
Proposed ROE (1)						10.0%												10.0%												10.2%
Proposed common equity component average on a financial basis (1)						53.0%												53.0%												53.0%

(1)    The proposed ROEs are consistent with each utilities' currently authorized ROE. The common equity component average for each utility is currently 52.5%.

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Schedule reflecting proposals to regulatory commissions

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