Discontinued — last reported Q4 '24
Products & Services · Approved rate increase
Electric — Approved rate increase
WEC Energy Group Electric — Approved rate increase increased by 106.2% to $169.50M in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2024
How to read this metric
An increase indicates successful recovery of capital investments and operating costs, supporting profitability.
Detailed definition
This metric represents the absolute monetary or base-rate adjustment approved by regulators for the electric segment. It...
Peer comparison
Standard metric for all regulated utilities; highly dependent on state-specific regulatory environments.
Metric ID:
wec_segment_electric_approved_rate_increaseHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | $283.50M | $82.20M | $169.50M |
| QoQ Change | — | -71.0% | +106.2% |
| YoY Change | — | -71.0% | +106.2% |
Range$82.20M – $283.50M
Avg YoY Growth+17.6%
Median YoY Growth+17.6%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's electric — approved rate increase?
- WEC Energy Group (WEC) reported electric — approved rate increase of $169.50M in Q4 2024.
- What does electric — approved rate increase mean?
- The total approved increase in customer rates for the electric segment.