We Energies seeks 4%-plus electric rate increases with data centers paying billions

We Energies is seeking a 4.7% electric rate increase for 2027 and an additional 4.5% for 2028. Company executives state these increases are necessary to fund capital investments and cover operations and maintenance expenses to ensure the reliability of the electricity supply in the Milwaukee and Southeast Wisconsin region. The utility's request indicates that these rate hikes are intended to address ongoing infrastructure needs, with the article's title specifically highlighting that data centers will be paying billions under the proposed increases.