The state Public Service Commission is expected to this week act on We Energies’ proposed residential electric rate increases of 9.25% in 2027 and 5.5% in 2028, according to a report in the Milwaukee Journal Sentinel.
If approved, the average residential customer would see $14 to $15 added to their monthly electric bill, or about $175 per year, in 2027, the report said.
Residential rates would rise by another $8 to $9, or about $100 per year, in 2028.
Approval of these rates would mark the fifth and sixth consecutive rate hikes by We Energies — coinciding with rising inflation and the rapid advance of artificial intelligence technologies and the massive data centers required to serve them.
We Energies serves over 1 million electric customers and another 1 million natural gas customers in Wisconsin.
