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REGULATORY ENVIRONMENT - (Tables) | 3 Months Ended
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Mar. 31, 2024
Public Service Commission of Wisconsin (PSCW) |
Public Utilities, General Disclosures [Line Items] |
Schedule of rate requests | The requests reflected the following:
|  | WE |  | WPS |  | WG
Proposed 2025 rate increase |  |  |  |  |  |  |  |  |  |  |  |
Electric |  | $ | 240.7 | million | / | 6.9% |  | $ | 110.1 | million | / | 8.5% |  | N/A
Gas |  | $ | 57.5 | million | / | 10.0% |  | $ | 26.8 | million | / | 6.8% |  | $ | 67.7 | million | / | 8.2%
Steam |  | $ | 2.5 | million | / | 8.4% |  | N/A |  | N/A
Proposed 2026 rate increase (1) |  |  |  |  |  |  |  |  |  |  |  |
Electric |  | $ | 177.9 | million | / | 4.6% |  | $ | 64.3 | million | / | 4.5% |  | N/A
Gas |  | $ | 31.0 | million | / | 4.6% |  | $ | 16.1 | million | / | 3.7% |  | $ | 30.6 | million | / | 3.3%
Proposed ROE |  | 10.0% |  | 10.0% |  | 10.0%
Proposed common equity component average on a financial basis |  | 53.5% |  | 53.5% |  | 53.5%
(1) The proposed 2026 rate increases are incremental to the currently authorized revenue plus the requested rate increases for 2025.

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