Powering Growth in Wisconsin
Economic growth continues to flourish in
our service areas. Companies are investing
in major projects, including data centers and
modern manufacturing facilities.
As we prepare for unprecedented electric demand
growth in the years ahead, a balanced generation mix
will be key to maintaining the reliable, affordable energy
our customers depend on.
We plan to build modern, efficient natural gas generation
between 2026 and 2030. We’re also investing in reliability
for our natural gas network with new liquefied natural
gas (LNG) storage. LNG facilities are needed to ensure
gas supply for winter reliability — to meet peak customer
demand for heating and generating electricity.
In addition, we continue to see a strong pipeline of
opportunities ahead for investment in clean energy.
Between 2026 and 2030, we plan to build additional
renewable energy capacity for our utilities, more than
quadrupling our carbon-free generation.
Proposed rate supports economic development while ensuring fairness for all customers
In March 2025, we submitted a proposal with the Public
Service Commission of Wisconsin for a new Very
Large Customer (VLC) rate to accommodate expected
significant growth in Wisconsin. The proposed rate
meets the unique needs of very large customers while
protecting other customers and shareholders.
We designed the rate to make sure no costs to
serve these new customers will be subsidized by,
or shifted to, other 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 for the
new 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.
Learn more about the proposed VLC rate on the Public Service Commission of Wisconsin website:
https://apps.psc.wi.gov/APPS/dockets/content/detail.aspx?id=6630&case=TE&num=113
