Customers of We Energies and Wisconsin Public Service will pay more for electricity in 2025 and 2026, after the Public Service Commission of Wisconsin on Thursday approved rate increases for both utilities.
In the We Energies case, the commission approved a 8.79 percent overall electric rate increase over the next two years. The PSC says that’s roughly $188 million less than the utility had requested over that span.
It translates into a $7.62 increase in monthly electric bills in 2025 for an average residential We Energies customer, and a $9.73 increase in 2026, according to preliminary estimates from the PSC. That’s a cumulative increase of 12.38 percent over two years, the PSC says.
In Wisconsin Public Service’s case, the commission approved a 7.33 percent overall electric rate increase over the next two years. The PSC says that’s roughly $134 million less than the utility had requested over that span.
It translates into an estimated $7.11 increase in 2025 on an average residential customer’s monthly electric bill, followed by another $5.04 average monthly increase in 2026, according to estimates from the PSC. That’s a cumulative increase of 11.52 percent over the two years, the PSC says.